TAP tap oil limited
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Suggests apache have signed a conditional purchase agreement...

  1. Autosime
    20,970 Posts.
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    05/01/12
    11:24
    Post #: 9512433
    Suggests apache have signed a conditional purchase agreement with receivers to buy Burrup for just under 600 million. A resolution of this issue for Tap which looks increasingly likely wiill have a massive impact on Taps share price. Where else can you buy 8 million in reserves for about 2 dollars per barrel . I see a move to 75-80 very quickly on news this issue has been resolved. Topped up a few over lt few days at 60
    TAP Price at posting: 60.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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