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DRYBLOWER

Dryblower and the big shift underway in BHP

MINING'S recovery from a five-year slump will be confirmed tomorrow (August 22) when BHP reports a profit of around US$7 billion, but as investors digest that number <i>Dryblower</i> suggests there are two other numbers which are more important; US$5.5 billion and A$40.

Dryblower
Dryblower and the big shift underway in BHP

The US$5.5 billion is what BHP is committing to new copper, iron ore and nickel projects. The A$40 is where its share price could be headed. Before any reader wonders whether he’s experiencing a déjà...

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