TAP 0.00% 7.8¢ tap oil limited

value of zola/wa-290-p/wa-49-r, page-40

  1. 10,916 Posts.
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    Hi Auto,

    Thank you for compliment and also the suggestion TAP is undervalued (and possibly under appreciated) - definitely been worth my time doing the research.

    There is always subjectivity involved when sticking your neck out to put a value on something. Obviously higher "prospectivity" should be worth something - but when there is so much ground around those that can point to "discovery" hae true value - and I guess the best place to find more HC is next to where HC have been discovered - so I take the point - and I did give Bianchi same as Zola - up to Mgmt to convince the buyer on prospectivity.

    Same goes for Manora $/2PBO multiple..... which I haven't looked at in depth (I already have a Gulf Thailand company that is doing really well - so like the area).

    GLTA
 
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