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0.00% 7.8¢ tap oil limited

PovertyboyJust looked it up. Manora's peak production is 15000...

  1. coopec
    2,669 Posts.
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    21/03/14
    12:03
    Post #: 13156685
    Povertyboy

    Just looked it up. Manora's peak production is 15000 barrels/day. Therefore TAP's 30% share will be 4500 barrels/day or 1.64M /year. That is $164 million pa ($US100/barrel). That would pay a fair sort of dividend?
    Can someone fault my calculations?
    TAP Price at posting: 41.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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