tomi. i think we have started the phase, another couple of weeks should see some real dumping. Sometime this week POO will break $30/bbl. Probably even tonight, however the good, the bad and the ugly are all being treated the same, no one wants to be long on oil.
Just need to find "the good"!
AUD$ at current levels is s some benefit. But I do like AWE for its gas at this point in time. Any bottoming and green sorts of recovery should draw out predators.
Why explore when you can takeover ready made oil and gas portfolios at sale of the century prices.
How low will this go?, page-7
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