Tide may turn for Senegal oil, page-18

the AUD is turning down further against the USD
With the RBA yesterday stating they want to drive it down further.

Our "pimp" at the local Central Bank will have no say in the matter. The AUD will be in the 50's within 12 months,
if not sooner, even at current interest rates. The terms of trade will see to that, unless you believe that other "pusher"
who stated yesterday that there is no threat of Australia going into recession. I think other commodity based
countries such as Canada & Brazil may have uttered those same pearls of wisdom prior to the inevitable.

Still, good news for FAR IF we were producing, not so good if we are raising $ back home and having to convert
back into $US to continue further A&E.

GLTAH