I have added AIS and 29M for further interest. AIS is Copper/Gold and 29M is Copper/Base metals. Both entirely Australian operations.
AIS is up 47.9% and 29M is up 39.3% since 5/8/2022.
BHP will need to raise their offer to complete this deal if the copper price keeps current levels IMO. It would be problematic for an independent expert to recommend this deal to shareholders given the current facts.