Is it 0.4% then?
I'm just wondering (maybe wrong), just over my head:
* in 2011, olympic dam reported to have 1.98% cu eq
* in 2017, it could provide 500 years of copper supply. Holly 500 years?
* oak dam west can provide 6% cu eq (article above)
With copper decade high, it still couldn't go any near to iron ore revenue. How about the 500 years supply of copper at 1-2% cu eq? The cost of copper production must be crazy high I believe. I heard some recent research, copper can go to much higher price but if there's 500 years of supply with 2% cu eq, how could it bring price much higher? I might think only grade above 2% would make sound at the moment? I could be wrong.
We might see reflection of this after current bond and usd settle down.
Please correct me if i'm wrong.
How much do you think the SP will increase when the JV with HCH's massive Chilean copper resource goes ahead?, page-35
-
- There are more pages in this discussion • 60 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$42.70 |
Change
-0.380(0.88%) |
Mkt cap ! $216.5B | |||
| Open | High | Low | Value | Volume |
| $42.91 | $43.15 | $42.66 | $398.1M | 9.282M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 16374 | $42.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.73 | 600 | 1 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |