severely undervalued., page-6

Hi everyone,

I heard about BHP freezing expansion on large project on the ABC (see link below). Now I don't think this will impact the purchase of MEP's tenement by BHP, but there is a small chance it will. This could be the reason for the SP sliding - there is too much uncertainty. I don't have insight into this what do you think out there? Is there a chance this may be terminated? Too small for BHP to even consider termination?

I think the deal will happen and we will see higher SP, just thought I bring it up...


From the link: 'Global turmoil spooks BHP into expansion freeze.....The short-term future of BHP's proposed expansion at the Olympic Dam mine in South Australia now looks uncertain.'

(source is here: http://www.abc.net.au/worldtoday/content/2012/s3514264.htm)