Hahah yeah those tyres need a change…. Maybe they can’t stop?? Got to keep that dirt moving!
Copper numbers for March are out and they are on the rise as expected. I see government owned Copper in South American aren’t doing too well.
Below is the previous Dividend’s period re Copper, I could look it up but I’m assuming BHP sold price would’ve averaged 3.7-3.8.
Now the next graph is for the upcoming Dividend and we are slightly over half way. I am assuming we are looking at 3.9-4.0 average thus far. Averaging 4.10+ would be great for our revenue because of the additional brown fields in South America and the bolt-on in Australia this year… now over to Iron ore…. PS: Iron Ore is still increasing in imports into China… it is non stop.
BHP Price at posting:
$45.52 Sentiment: Buy Disclosure: Held
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