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clock Created with Sketch. 08/10/23
08:17
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Originally posted by eastwest101:
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If BHP are going to go counter-cyclical with M&A (which no-one believes anyway) then they should have a watching brief on any Li opportunities because that sector is having a bit of a correction at the moment, although may be more room to drop.
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" They are too big, slow, stupid and bureaucratic to take opportunities as they arise, and this statement is an admission of such" great, that means they are successfulslow - read careful / cautiousstupid - I don't think so; you don't become one of the world's most successful miners by being stupidbureaucratic - they have a rigourous vetting procedure for their acquisitions"Trained monkeys could manage these bunch of low cost world class assets and still make a profit." EXACTLY - BHP want the lowest cost, world class assets - mission accomplished
(20min delay)