Hi WXYZ. I also had $18. However i think with respect to time, we moved down too fast. Possibly next year. The collapse in commodity prices may work well for bhp. Small miners will go broke, no bank will lend to start any new mines, bhp gets RIO cheaper. As we come out of this BHP, Anglo, Vale may be the only players in the game. Am i correct in my thinking that BHP will now have to borrow less than half the previous $ to buy RIO???? Anyway the $24 level has now been smashed so i think much higher than current levels from here till March.
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Hi WXYZ. I also had $18. However i think with respect to time,...
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