I just browsed recent BHP capital deployment announcements over the last quarter.
US bn US bn
Cash Balance 14
Chesapeake 4.75
Bowen Basin 2.5 BHP share only
WA Iron Ore 6.6 BHP share only
Hunter Valley 0.4
Buyback 10
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Total 14 24.25
Even without Woodside, Kloppers is in negative cash balance. Of course, bhp will have very strong ongoing cashflow along the way to fund some expansion.
Chesapeake buying is to be funded from cash reserves according to the annoucement. All other projects are expected to go live from 2013 to early 2014 which means schedules are tight.
What I mean is Woodside may go up or down, BHP short trade is going to happen very soon at 50 area.
klopper's spending spree
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Last
$40.31 |
Change
-0.050(0.12%) |
Mkt cap ! $204.5B | |||
| Open | High | Low | Value | Volume |
| $40.46 | $40.70 | $40.16 | $280.3M | 6.927M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12907 | $40.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.35 | 2000 | 1 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |