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BHP BHP Group Ltd

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  • 58.950
  • +0.040+0.07%
Close Oct 11 16:00 ET
  • 58.950
  • 0.0000.00%
Post 16:01 ET
149.45BMarket Cap18.95P/E (TTM)
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Trade Overview

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Comments

    Uranium is still a small market globally. $BHP Group Ltd (BHP.AU)$ won’t miss the boat simply because it has such a large uranium resource. However even if it was to expand heavily into it, the overall global market is small, it won’t move the dial on EPS like copper or bulks do. Then you’ve got the unwanted attention from the lovely activists who have nothing better to do than sit on welfare and protest/disrupt.
    I think the copper, potash and nickel strategy is better personally,
    I hold $BHP Group Ltd (BHP.AU)$ as a Long Term hold, a hedge and also as a U308 stock. For years Olympic dam which is one of the biggest u308 resources in the world has seen little if any mention by BHP. Today's BHP report has 9 mentions! One says they expect/assume USD$80lbs and another states ".Uranium and silver grades are currently considered to be sub-economic and are therefore not reported as part of the Mineral Resource."
    BHPs statement is gold in my view! IF BHP is for real then the incen...
    IMO $BHP Group Ltd (BHP.AU)$ should report absolutely nothing about Uranium (other than acknowledging that it safely mines it), as it is not possible in this country these days to have an intelligent public discussion about anything nuclear without it quickly degenerating into extreme posturing.
    Furthermore I would argue that the responsibility of the Board and the CEO to act in the best interests of the company and its shareholders requires them to avoid public brawling about Uranium.
    As a share...
    $BHP Group Ltd (BHP.US)$
    Why the price sudently become 52 after closing 53 yesterday
    1
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