I just gave you a 'TU' and see that you are a SHAREHOLDER with a BUY sentiment. Is it a 'bluemoon' tonight ?
Agree with ur comments re. Troy - outstanding job thus far and he has got TAP 'back on track'.
Think that 290-P and 351-P must be worth $100 million given that you are not getting only Zola and Tallaganda but TAP's share of the whole leases (which are very prospective). And yep, 320-P is in a handy location too (33%). Carnarvon is proven unlike some of the other basins which are currently in favour. Can't see that TAP would want to participate in the next 290-P drilling (2013) given that their interest in the lease is effectively on the market.
Manora-5 success would be handy (5c to SP ?) but we are looking for a "company maker" - Ghana obviously, or a corporate play around the Carnarvon assets would be my preference.
No hurry though - Troy is firmly in the driver's seat and maybe can use some of his old WPL contacts to our advantage.
So under-valued that it is incredible but it is just not on the radar of punters and instos atm - this has to change. It is also suffering from lack of announcements.
Welcome back and good luck ......
TAP Price at posting:
74.0¢ Sentiment: ST Buy Disclosure: Held
