Hello nokk You may be correct on that. Could explain a little drop and smaller buyer numbers. The following extract is from cooper investing news 9th of May.
"The Olympic Dam project has been slated to be taken to the board for approval this year, but BHP has stated that is will “live within its means.” Still, it is unlikely that the Olympic Dam project will remain a priority for BHP Billiton as it reportedly paid ten million Australian dollars for a package of tenements from Minotaur Exploration (ASX:MEP) this month in order to protect future exploration potential near the site. Analysts estimate that the company is looking for exploration licenses covering over 10,000 square kilometers around the Southern Australian project, which could cost about $30 billion."
What you say about the 10 million not being enough for BHP to worry about sounds on the money.
MEP Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
