TAP 0.00% 7.8¢ tap oil limited

sale of zola/bianchi prospects., page-102

  1. 11,005 Posts.
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    No probs Al.

    The only question really is how much additional liquidity is needed.

    I would set aside the asset sale for the moment - but happily take a sale of gas assets sooner rather than later.

    The reason for shortfall is for overruns and additional work and of course not having sales sooner.

    I can only imply that Note 9 and 19a have the info as it seems our "remaining Payables" are the problem as compared to remaining cash.

    All liquidity problems kind of sorta go away with the gas asset sale. But as Auto points out - it does make TAP over exposed on risk to a single project.



 
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