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Bullboard - Stock Discussion Forum TAG Oil Ltd. V.TAO

Alternate Symbol(s):  TAOIF

TAG Oil Ltd. is an international oil and gas exploration company with a focus on operations and opportunities in the Middle East and North Africa. It holds an interest in the Badr Oil Field (BED-1), a 26,000-acre concession located in the Western Desert, Egypt, through a production services agreement (the PSA) with Badr Petroleum Company (BPCO). It is focused on BED-1 the re-completion and... see more

TSXV:TAO - Post Discussion

TAG Oil Ltd. > Offering
View:
Post by oilisswell on Nov 08, 2024 6:07pm

Offering

We should hear next week if The Offering was fully subscribed. No matter I guess, it won't be nearly enough to do all the things that they listed! But it might be enough to draw attention and give the share price a bump. Since I didn't invest a lot I didn't lose a lot. Still, I dislike any loss. It's hard to see how TAO can be profitable without a large investment, which they don't have. Still they have been bouncing around for years spending money and raising more. In future I will most definitely stay away from anything Badwi is associated with!
Comment by oilisswell on Nov 12, 2024 11:58pm
I guess we'll have to wait another week to find out if the offering will be fully subscribed. Badwi intends to invest some of his easy money! We should be thankful. Now if he could only figure out how to get the company to make money TAO would be better off, as would the shareholders.
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