TAP 0.00% 7.8¢ tap oil limited

manora field value, page-9

  1. 553 Posts.
    Hi cmonaussie,

    Thanks for your thoughts.
    Taken from Company Insight (dated 20 May 2013):

    Troy's comments:
    "..Manora will generate significant material cash flow for Tap with the average cash flow to Tap over the first four years forecast to be approximately US$45 million per annum (based
    on Tap’s mid oil prices assumptions and after all operating costs, taxes and royalties).."
    Clearly, over the long run, a lower Australian dollar will help TAP.
 
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