The slides from the BHP presentation that's got markets spooked this morning. Slide 7 highlights...

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Uncle Pie Comments (1583)
 
That's good! a management which understands that trees don't grow to the skies. Maybe a bit less capex will translate into higher return of capital to shareholders. Fingers crossed!

Long BHP & BBL
20 Mar 2012, 08:44 AM Reply Like

marpy Comments (297)
 
Maybe flattenning as far as demmand from BHP, and Vale is concerned but from the rest of the world it may be a different story. BHP and Vale p'd China off when they went to quarterly pricing and jacked up prices in a big way. As a result, china has spent the last few years diversifying their raw material suply chain and this is beginning to pay dividends for China. ;-)
20 Mar 2012, 12:21 PM Reply Like

Bill Swiggart Comments (87)
 
Then was JOY, given its Chinese mining equipment sub, inaccurately down yesterday?
21 Mar 2012, 08:41 AM Reply Like