lines in the sand, page-5

TAP appears to be significantly undervalued on both an asset basis and also low PE forecast.
As per the company's latest presentation the near term catalysts are:
Near-Term Catalysts
-Evaluation of TL/2 and TP/7
appraisal well, Taunton-5/5H
-Evaluation of WA-49-R
appraisal well, Bianchi-1
-Evaluation of wildcat well in
Offshore Accra Contract Area
in Ghana, Starfish-1
-Ongoing construction
progress at Manora Oil
Development

TAP rose 2c today to 58c on good volume.
Surprised to see so few commenting on this stock of late given TAP's potential.