Yep but the honest truth is the execs at BHP would rather drown...

Yep but the honest truth is the execs at BHP would rather drown their own kids than make a bid for a company. Its a no no over there. Rio maybe. But what BHP would rather do is suck you into a JV load the JV with their own project costs and screw you blind. Problem here is the project dynamics mean very low cap ex. Moreover the early cash flow number indicate a project pay back of under 6 months. Now there is something special you only see every 10 years. So BHP and RIo got no leverage, that is there will be no project hurt to bargain with. You can see the caper RIO has been pulling on costs in Mongolio. predictable.

Now if nothing else if a broker trip is on and research to follow you can have some sollace in that research is designed to generate brokerage by punters buying in.