TSXV:AAA.P - Post by User
Post by
longsidebeton Apr 10, 2011 11:51pm
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Post# 18411904
re: BHP Friend or Foe
re: BHP Friend or FoeGuys, come on now, does it really matter about BHP. They are only one of many that will be falling all over themselves to have as much of this basin as possible. Allana is way ahead at defining their resource and will be taken out first, the others in the basin STB and FED will be taken out subsequently. If BHP wants to control the basin then they will bid to protect the basin for themselves, if not they will be forced to watch others move in and compete with them. This basin is one of only 4 in the world, it is possibly the lowest cost, near surface, open pitable huge resource available. Vale, Potash, Mosaic, China Minmetals,Terra, CF, K&S, Teck,..............and all the other Chinese and Indian fertilizer companies that need a supply source will move on this asset, trust me there are no shortage of possible suitors.