TAP 0.00% 7.8¢ tap oil limited

Good to hear from you Auto. TAP appears to be in a good position...

  1. 553 Posts.
    Good to hear from you Auto.
    TAP appears to be in a good position at present.
    Manora is set to go into production in 2014 and will provide strong cashflows. TAP is continuing to receive good revenue from its third party gas contracts.
    In my opinion , as TAP currently appears to be in a solid financial position, I don't think there's any need for TAP to sell any of its assets unless they get a good price for them.
    Despite the gloom and doom on todays market, its pleasing to see TAP move upwards to 50c (albeit on relatively thin volume).
 
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Currently unlisted public company.

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