BHP 0.48% $44.01 bhp group limited

Ann: Quarterly Activities Report, page-5

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  1. 3,664 Posts.
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    Excellent then! I have chosen to pretend Reso will never happen. Last time reading about it I remember the resource being really REALLY deep.

    Looking towards the future Cu price though... obvious tail winds are in our favour with government policy and the current climate change narrative, but, the graph looks good too. This is obviosuly (again) very simplistic view but the trend seems fairly clear and will hopefully continue...

    https://hotcopper.com.au/data/attachments/5441/5441682-dddb307c8a1a357cf86c9ab7751dc578.jpg

    Keep in mind, the COVID resource surge has impacted all spot prices for minerals around the globe. The only difference is Copper and Nickel have not given away like Coal and Iron ore.

    Great news for BHP heading into more Cu and Ni production.

    PS: Does anyone have a good resource to see spot/short contract Potash prices? Or do we have to get them from company annoucements and have a punt?
 
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