TAP
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0.00% 7.8¢ tap oil limited

Hi Al, I didn't added any prediction onto the chart I used the...

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  1. spid81
    4,846 Posts.
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    04/05/18
    19:23
    Post #: 32896402
    Hi Al,

    I didn't added any prediction onto the chart I used the figures from the companies announcements.

    I am expecting another $5mil profit for this QTR,

    This is based on 190k bbls production, average oil price of $65 (including hedges) $6.5 mil production costs and the $1mil expected costs for planned drilling of Manora 8 & 8st
    If production drops to 180k bbls, I hope to see a $4.2mil profit.
    TAP Price at posting: 7.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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