BHP 2.04% $40.01 bhp group limited

bhp is getting hammered on the lse, page-9

  1. 262 Posts.
    Sleep is a good idea, Mong. Reckon ("hope" might be a better word) we have seen the lows, the world will get used to 140 oil. There are only 14 cities in China with over 5 million population. Economic studies have shown how mega cities with ultra dense population does wonders for the gdp, everything is so much more efficient, the transport, the services - no tyranny of distance. The Chinese should be rethinking their urban development and not opt to put their walmarts 10 kms from where people live. Now a dense population naturally rise- as in high-rise meaning steel-reinforced structures. Just been thinking that BHP/RIO iron ore really has big energy component to it- that is, the energy for freight. What an energy company the big fella is - oil, gas, met. coal and therm.coal, and shipped-iron ore. Should be rerated to say Woodside's PE.
 
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