BHP needs a counter cyclical mineral with fe dropping and new chinese controlled mines coming on stream in 2025.
I still feel that DEG is an option for them as a tier 1 resource and could enter the gold market very easily. It has regional support and structure and could buy DEG using free cashflow.
Gold Price, page-126
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Last
$1.39 |
Change
0.020(1.46%) |
Mkt cap ! $3.331B | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.42 | $1.36 | $10.25M | 7.383M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 79543 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 16000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| DEG (ASX) Chart |