My estimate of $65 million for certain WA gas assets is probably quite conservative. I rather underestimate rather than overestimate. If the A$ continues to fall then the US$45 million figure will look better than ever when translated into our currency. I wouldn't be surprised to see our dollar worth US80c within the next year or so..The US economy looks as if its rebounding and the outlook for our economy might well mean lower interest rates. Any thoughts cmonaussie as to why TAP's share price has gone quiet over the last week or so?
TAP Price at posting:
52.0¢ Sentiment: Buy Disclosure: Held
