BHP 0.48% $44.01 bhp group limited

News: BHP Canada Govt Announces C$100 Mln Investment In BHP's C$7.5 Bln Potash Mine Project In..., page-9

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    US & Canada are equally as good.

    If you can make it to operation, Australia is among the best, if not the best. Getting to operations is becoming more difficult, taking longer, costing more. Particularly for coal & gas, but if trends are friends, then other metals may follow. That's the unfortunate risk & reality now.

    We ignore at our peril.

    But back to BHP - their allocation of capital is entirely dependent on risk/returns & they have already suspended further investment decisions in NSW & Qld because of political uncertainty. And it absolutely has the options to decide to expend capital elsewhere.
 
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