TAP 0.00% 7.8¢ tap oil limited

is it a good time to buy tap, page-2

  1. 408 Posts.
    They are currently drilling a highly prospective well (Marley 2). Marley 1 was abandoned for bad weather a couple of years ago (after encountering gas under high pressure). Rated a better chance than many drills and could double P2 reserves. Due to reach depth this weekend. DYOR but a good time IMO. If Marley comes up non-commercial then oil production is due to increase this month as well. Sort of underwrites any bad speculator reaction. After that there is a thrill a month to beyond the end of the year - plenty to hold interest.
 
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