TAP
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0.00% 7.8¢ tap oil limited

They have also withdrawn from Ghana With 97 usd ( excluding...

  1. Autosime
    20,368 Posts.
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    28/02/14
    17:52
    Post #: 13067079
    They have also withdrawn from Ghana

    With 97 usd ( excluding abondment costs ) and TAP debt facility being in AUD they will be short around 10-20 m

    Manora becomes very very important to TAP , if it underperforms on production or reserves they will be in trouble as they will be carrying debt that requires close to protected flow rates to be achieved

    Good luck - this is the time to sell their gas assets , even if they only get 40m

    A119
    I am interested in your take given you were quick to exclude a CR option
    TAP Price at posting: 43.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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