BHP 3.18% $44.74 bhp group limited

another a$3 bln on iron ore expansion , page-36

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    re: share price target raised by ubs Schnitzel - i did say $25 within 12 months but id go so far as to say possibly by mar 06, a few weeks after profit announcement at the end of feb 06 due to higher commodity prices and bhp confirming they are cranking up output thru 06 and 07. $23 by end jan 06 as it rises b4 announcement and possibly $27 ish by dec 06 if new projects come onstream as scheduled. With commodity prices remaining strong next yr should be a good time for bhp. so by say...14th mar 06 $25 (IMHO)
 
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