50% of BHP last profits came from OIL, oil was close to $140, guess what it is now $60
You don't have to be a brain surgeon to work out that BHP's profit will be down significantly, since if most of their profit was coming from OIL when other minerals were so high, what will it be when everything is down at the same time!
bhp facing 920 mil 1st half loss on iron ore, page-43
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