okay dogma maybe $4 in short term is dreaming but as a long termer for many years, having bought at 26.5, 28c, 30c and up, I am still holding and am well above water; divvies have been a nice little earner along the way too; furthermore I most definitely:
Would want to be holding this if and when the US$ bounces although I don't expect the USdollar to bounce much or Poo to fall much if US$ does bounce.
Any bounce in US$ against our Au$ would positively affect our bpt revenue as our region's Tapis crude price is now 131.23USD.
I'd love our Beach to be raking in revenue with the Au$ at parity to that price or even better back to the exchange rate we had back around the Sydney Olympics in 2000.
Au$ = US47.5c
afr 20/4/11 pg 49 - shale gas, page-15
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