I think if you owned a share Onshow and someone made misleading...

I think if you owned a share Onshow and someone made misleading comments like yours you would be very unhappy. Let's keep this forum constructive.

The reason I say this is that if you are happy to use numbers that reflect the purchase of the additional share of WA 351-P but not add back the receivable reflecting the sale.

Bottom line cash position looks as follows (AUD):

Reported 53
WA 351-P Sale 27
Free Carry WA 351-P 9
Oil Inventory Increase 4

Cash equivalents 93

Production is declining but still providing good operating cashflow. The bottom line with TAP is that you should only be in it if you are comfortable with their 5 core prospects which are all at various levels of advancement. They are all proceeding as well as I could have hoped.

Mate I welcome the bear view in any share I own and you are quite right about the market's view. I think the market is too heavily discounting TAP's prospects and legal uncertainties are also weighing.

But I could be wrong and if so it wont be the first time or the last.