Hi cmonaussie,
Thanks for your thoughts.
Taken from Company Insight (dated 20 May 2013):
Troy's comments:
"..Manora will generate significant material cash flow for Tap with the average cash flow to Tap over the first four years forecast to be approximately US$45 million per annum (based
on Tap’s mid oil prices assumptions and after all operating costs, taxes and royalties).."
Clearly, over the long run, a lower Australian dollar will help TAP.
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