We’re joining mining companies from around the world over the next few days at the Hong Kong Mines & Money show, which is in its seventh year and attracts thousands of investors. Since HK is closer to where we operate in New Zealand, we thought it was a good chance to meet some investors closer to the source.
With TAG’s revenue up 19% for the three months to December 31 (to $12.9 million), and net income more than quadrupled compared to the prior year period, this is a good time to be out and about with the TAG Oil story. And with operating netbacks of $78 / barrel of oil during the latest period, which is once again substantially higher than what’s being achieved in North America, it’s a great time to be operating in close proximity to Asia.
This five-day event runs from 24-28 March at the Hong Kong Convention and Exhibition Centre, with a good line-up of speakers. If you happen to be in the area, drop by and chat with our IR Director Seth Kay, and pick up some materials that are hot off the presses.