BHP needs a counter cyclical mineral with fe dropping and new chinese controlled mines coming on stream in 2025.
I still feel that DEG is an option for them as a tier 1 resource and could enter the gold market very easily. It has regional support and structure and could buy DEG using free cashflow.
Gold Price, page-126
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Last
$1.22 |
Change
0.018(1.45%) |
Mkt cap ! $2.911B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.24 | $1.21 | $5.971M | 4.857M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 197873 | $1.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 110172 | 25 |
View Market Depth
| Last trade - 13.14pm 16/08/2024 (20 minute delay) ? |
| DEG (ASX) Chart |