Nothing happens because tap never announce how much they have found. The reality is that these discoveries near the Island are very very small. So 12.5% of something very very small is something barely big enough for the naked eye to see. Tap still have the worst reserve replacement ratio in the oil industry. Thats why their shares are barely any higher than when they floated over ten years ago despite oil and gas prices going through the roof over that time.There are reasons for this but lets not get personal about the deadwood.If there was any value there somebody would have taken them over long ago. The Wily Coyote Gang thought about it but then woke up when they did the sums. Occam
TAP Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
