buy BHP. It has a significant copper pipeline in our very own south Australia that in my view will surprise the market once its strategy is properly revealed. Worlds largest copper player outside state owned codelco. Sure BHP, has large iron ore and coal exposure but neither are also bad to be with future potash. Albeit I’m sure you’re on top of this too. I long await to see oak dam and how it all fits in together with OZL assets and OD.
No pure plays exist here. Could go southern copper or freeport. However nothing compares to the big Australian.
BHP Price at posting:
$43.97 Sentiment: Buy Disclosure: Held
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