Super pessimistic don't you mean?!
If Africa is to supply the China Mineral Resources Group with 100MTPA of hi-grade DSO (40% of BHP's current 260MTPA IO output) and Iron Ore was ~57 per cent of the total BHP group revenue for 2021, then 57% of the current $42 SP = AUD24.00 (IO SP mix).
40% of AUD24.00 = AUD9.60.
So, I'll be holding a few million shares for the longer term...somewhere around $10 SP within 5 years of the project start.
Just having some fun. It could also be much higher given scope expansion.
$1 is better with a trailing zero.
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