RE: bhp must be looking to strike while the irons hot19 Mar 2020 19:30
exactly, usually between 1-5% of value in the ground, with our CAPEX savings and quality of resource we were likely to be at least in the middle of this, say 2.5% of 100 billion and counting
worst case scenario lets say it is 1.5%, so value of 1.5b just for the measured resource to date on 1 site!
thats mutilples of 12p
I agree with you, this could be even more necessary going forwards as production from miners slows down