fundamentals are terrific...suit a long term inves

Please find below an email from Paul Underwood, Managing Director of Tap Oil.

I agree with everything has has said about his company and the market generally.

If you are a long term investor, this company has excellent fundamentals and is worth a look...

"I agree it is disappointing to see Tap’s share price where it is.

It is my opinion that this is due to the resources recovery (gold & base metals) where a considerable amount of investment money is being directed.

Tap’s business model cannot be subject to knee-jerk reactions to share price and hence there is little we can do in these situations other that try to keep the market informed of what the company’s activities are. We have made a considerable effort in this regard over the past six months.

As you know, the company is making solid profits and cash flows at this time and has a very exciting exploration and appraisal programme planned for the next twelve months.

I appreciate your concern however we believe that Tap’s business model will deliver in due course.

Kind regards,

Paul Underwood
Managing Director and CEO