re: supercycle - to scottaru you mention profits of 8 billion usa $ for last fiscal years, you sure its not 8 billion aussie dollars..
from the AGE " On 24 August 2005, Australian resources giant, BHP Billiton, is expected to announce a gigantic profit result for the year to 30 June. The group, which recorded a $A4.7 billion profit in 2004, could potentially announce a result of between $A8.26 billion and $A8.61 billion, fuelled by strength in the demand for commodities. Although it has expressed concern about rising cost pressures, there is speculation that BHP's profit for 2006 could be even larger, if the demand for commodities remains firm"
THERE TALKING AUSSIE DOLLARS HERE ?? anyone care to comment
bhp on steriods?, page-53
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