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rio & bhp may wind back expansion plans?

  1. Surfrat70
    585 Posts.
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    29/11/11
    11:46
    Post #: 9358693
    For those who've seen today's FIN Review (hard copy) the cover page has a story suggesting RIO and BHP may need to wind back or throttle expansion plans pending the outcome of the European situation.

    If this is the case, all I can see is lot's of $$$ in the bank not being spent on capex which becomes available for strategic aquisitions. . . . .
    EXT Price at posting: $7.94 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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