Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi - thanks for all your helpful insights. I'm wondering what you think about BHP which seems to be languishing below $40. Obviously the iron ore price is key but it feels like that's not collapsing, they've dropped oil & have copper & uranium in the sensible locations, potash developing, hunting more copper and have a solid balance sheet plus a bit of M&A discipline. What's not to like? Thanks again for the very readable reports. cheers Derek
Hi Derek,
We agree with you having increased our exposure to BHP on Wednesday – Alert Here.
As we discussed on Wednesday BHP is dancing to the iron ore (Fe) tune at the moment, but we believe, like you, this view has become myopic with the diversified miner evolving away from the bulk commodity. It might take time for the market to start pricing BHP as a more diversified miner with increasing copper and potash presence be we believe it will happen.
Take a free trial.
No payment details required.
Forgot password? Request a One Time Password or reset your password
One Time Password
Check your email for an email from [email protected]
Subject: Your OTP for Account Access
This email will have a code you can use as your One Time Password for instant access
A link to create a new password will be sent to the email address you have registered to your account.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
Our Smart Phone App will give you access to much of our content and notifications. Download for free today.
