A few facts
On the neighbours, after all this nearology play
1. 9th most profitable mine
2. Owned 60% BHP : 40% Anglo
3. Great commodity
4. Beautiful geology and stripping ratio = cheap and profitable to mine
5. Comparison to OMH maganese is great commodity if it can be easily stripped and shipped
6. Existing infrasture from the neighbours
7. Shallow water is no Aboriginal Mining rights
However, there is a little island that the ALC will most likely give their blessing. This is very bullish.
The media articles that say BHP is a good corporate citzen seem to forget the recent bribes paid in Cambodia by BHP and Ok Tedi mess. But when since have the media not hyped an angle to get a headline.
Very bullish in the next 3 months
A few factsOn the neighbours, after all this nearology play1....
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