There is an expected fall in the AUS$ later this year against the US$ until that happens now the resource companies can take advantage by using excess cash to buy overseas esp US based resource companies and assets and then when the currency falls they can increase the asset valuation in aussie $ terms - then profits from those new assets (if proper astute buying happens now) will be better in terms of Aussie reported results. This will be the best tactics - but most aussie resource companies are selling overseas assets which goes against common sense.
