OZL 0.00% $26.44 oz minerals limited

Mmmmmmmm,The rumour has done the rounds quite a few times. There...

  1. 5,227 Posts.
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    Mmmmmmmm,
    The rumour has done the rounds quite a few times. There is lots of talk that BHP has few growth opportunities in copper. IMO, P Hill is not quite there yet for BHP. Again, IMO, the following needs to occur for BHP to make a bid.

    1. The current mine life needs to extend to 20 years min.
    2. Significant deposits close by need to be found

    Why these two?

    BHP has a criteria of long life, expandable, low cost mines. P Hill is low cost, but not long life, and not expandable --- yet. If it ticks these two boxes - game on.

    HT1
 
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