UMC united minerals corporation nl
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take over target, page-6

  1. Atma
    520 Posts.
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    29/06/08
    09:22
    Post #: 3923157
    jojo- bhp is not buying rio due to adding to its reserves

    35bt of reserve is enough for thousands of years of production. surely they don't wanna grow resources?

    bhp is simply buying rio for its two existing ports. owning ports at this time is a big deal.
    UMC Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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