Worth reviewing what MacBank said a few weeks ago:
"Exploration focus in 2011: While operations at Zola-1 have been temporarily suspended due to Cyclone Bianca, the well will provide the next material exploration result for TAP in the coming weeks. The well is targeting mean risked resources of 1tcf (with a 2tcf upside estimate), which could add 30Acps to our NAV under a success case. "
Surely not drillbit success for TAP??
Good Luck
DYOR
TAP Price at posting:
82.0¢ Sentiment: Buy Disclosure: Held