I think one of the main issues with the NW assets is that TAP doesn't really get any say in these assets. It is up to the operator what actually happens and when. However at the AGM Troy was certainly very positive on the 290 block. He suggested it could be commercialised after Manora, which would give another revenue option from the Monaora cash flows. He also said to exercise some patience, wait for Manora to start, and to let the share price follow the production as it has in the past. The cash flows will allow TAP to seek new opportunities. It is tough waiting out a cent a week on the plus, but if we ever get there ( to $1 plus ) I am sure we will look back and forget the pain. Maybe I should turn the screen off for 9 months....
TAP Price at posting:
63.0¢ Sentiment: Buy Disclosure: Held
