Ann: Manora-8 Exploration Well Update, page-4

A couple of key comments in this most recent statement that suggest the directors of TAP now need to provide the market all information that is known by TAP's RISCO implanted director (Newton), given their bid. That is, we all need to be informed of any information that is made available to director Newton.

The first:
...."Risco’s Bidder’s Statement states that as result of Mr Newton’s directorship “information about Tap may as a matter of law be imputed to or known to Risco”

The Second:
..."Mr Newton (in his capacity as a director of Tap) advised the Company that a successful result from this well would be a “game changer” for Tap, as the Manora footwall can be developed from the existing platform at very low incremental cost"

TAP directors now have a duty of care to inform all shareholders of all information that would be provided to Chris Newton (and therefore to RISCO).

We may be seeing increased news flow from TAP..