Australia's largest stock trading and investment forum Australia's #1 stock forum

Who will be the first to benefit when ore turns, page-56

First 56 Last

Share
Profile

Follow
rcman

11,699 Posts.

344

29/11/14

17:03

Post #: 14378198
Share

Originally posted by moondoong ↑

So much rubbish posted here about BHP and Rio.

Current shipping should be 240Mt for FY 2015
Can expand to 290Mt by end of 2017 for relatively low cost (about $30 a tonne increase capital intensity which is low)
Need to spend about $5 a tonne over the next 5 years on sustaining capital.

Current cash costs are less that $30 a tonne (excluding freight and royalties), and they are aiming to drive this to $20 a tonne in the 'medium term'.

As for their orebody grades and reserves, well they are simply outstanding.

Expand

So much rubbish posted here about BHP and Rio.

What's the rubbish being posted ?

I'll put it bluntly for you.... decades and in BHP case a century's worth of operation and a $30 share price tag.

That really says it all...disgraceful......China boom and a $30price tag

Full stop!

GBG Price at posting: 2.3¢ Sentiment: None Disclosure: Not Held

MGX Price at posting: 41.0¢ Sentiment: None Disclosure: Not Held

BHP Price at posting: $30.92 Sentiment: Sell Disclosure: Not Held

RIO Price at posting: $59.10 Sentiment: Sell Disclosure: Not Held

AGO Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
8 Upvote

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

PCL

HotCopper users react as Pancontinental Energy's trading halt lift reveals little

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 38 more messages in this thread...

First 56 Last