TAP 0.00% 7.8¢ tap oil limited

Good Oil, the constant negativity expressed by some on what...

  1. 286 Posts.
    Good Oil, the constant negativity expressed by some on what otherwise appears to be a very positive thing, albeit early days, should tell us a lot. It might bounce around a bit but Zola is a late XMAS bonus in my opinion. Plenty of upside without, the company halt caught more than a few with their pants down and it also seems the company has made a fair fist of ensuring the media has it. I remember seeing a preso where 1Tcf resulted in a 350% increase on 2P reserves for Tap. Those that truly understand risk/reward for companies like TAP are invested for their acreage and exploration potential. The new MD has flagged his intent to be aggressive on this front. Maybe the big pay day will not eventuate but as far as I'm concerned today's news tilted the odds in favour of the brave. A positive lead from the US should see big volume through TAP tomorrow and provided we hold $1 at close I will be happy.
 
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