look I am not sure at what price you entered this stock but you need to look at from new investor point of view whether it is value to buy at $45 or $50 or $60.. when revenue going down, debt maturing from 2023 onwards, significant investment required for Potash project for another 5 year and IO is no where near $200USD at the moment... IMO.
Potash is a project that is in pipeline and it will not generate any revenue until 2027 based on BHP announcement. Also If I am not wrong then BHP initially thinking of starting it in 2026 which pushed out to 2027 now ? and who knows what will happen between 2022 and 2027? it will be challenging to complete early because it is not open cut easy simple mining operation as you probably know and it will take time and lots of money which probably they will have provision for from IO & Copper but there is no way BHP revenue going back to 2021 when IO prices were $200 USD + unless you see another IO rally of going even higher then $250 USD and stays there for few months to get price advantage in my opinion.
As everyone know here, BHP, RIO & FMG all significantly affected by IO price movement (FMG more then other two) so volatility will remain for all three stocks .. IMO.
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