RE:RE:RE:RE:RE:Why Brent and WTI willl rise soonNot many upstream oil companies in the world make money, let alone fund their capex from profits even at $100 oil.
Being a high net back producer, TAG is one of the few oil companies that has a de risked development stage asset and can also make serious money at $80 oil, as well as being able to fund an aggressive capex program from operating profits. That means the potential for low future dilution.
TAG is poised to be the peer group leader when the oil markets turn.