TAP tap oil limited
Add to My Watchlist 0.00% ! 7.8¢

6 million of reserves - say 20 per barrel as not yet producing -...

  1. Autosime
    20,969 Posts.
    lightbulb Created with Sketch. 2195
    clock Created with Sketch.
    11/04/13
    14:09
    Post #: 11632268
    6 million of reserves - say 20 per barrel as not yet producing - 120m odd
    WA discoveries 50-90 m ( take lower figure of 50m )
    with cash assume net cash after debt Manora development debt of 10m
    gas contracts NPV of 40m
    starfish prospect very heavily discounted 15 m
    235

    share price 98 cents
    TAP Price at posting: 54.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Locksley significantly enlarges exploration program after historical discovery
right-arrow Created with Sketch.
RMX Red Mountain Secures Utah Antimony Project in United States
right-arrow Created with Sketch.
AII Becoming the largest conflict-free tungsten supplier in the world
right-arrow Created with Sketch.
NEWS CLEO receives positive FDA feedback supporting ovarian cancer test pathway
right-arrow Created with Sketch.
NEWS Ausgold set to commence extensive multi-rig drilling campaign at Katanning
right-arrow Created with Sketch.
3DA Amaero’s big move: Exclusive deal, big targets, and a lot on the line
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.