BHP have no choice...they will have to do new JV w juniors.
The pressure is building around IO markets and not all managements are the like of UMC one: can be bought for a song and leave behind shareholders drowning...
The thing is BHP is not my favourite and i hope Twiggy puts his hands on some nice High grade to have his business running smoothly ; )
Pilbara needs another competitor IMO. The RIO and BHP have been out there for too long and their Greed gets out of proportion.
when will we see a bidding battle for a junior: RIO/BHP vs Twiggy/Chinese?
can't wait.
BHP have no choice...they will have to do new JV w juniors.The...
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