RE:RE:RE:RE:RE:1st things firstBHP 2020 financial results says they returned 6B in dividend each year, three years in a row.. They could easily invest 1B over 1,2 or 3 years. https://www.bhp.com/investor-centre/financial-results-and-operational-reviews/2020-financial-results/
Pitpitcolisse wrote: " BHP, according to investment bank forecasts, is expected to reveal on August 18 an almost steady net profit of $9.1 billion with strong earnings from iron ore offsetting declines in oil and copper." https://www.google.com/amp/s/www.forbes.com/sites/timtreadgold/2020/08/11/perfect-storm-to-keep-blowing-into-next-year-for-iron-ore-miners/amp/
Pitpitcolisse wrote: "Windfall Profits For three of Australias biggest mining companies, BHP, Rio Tinto and Fortescue Metals, the prolonged boom in iron ore has delivered windfall profits. Just how much money has been flowing into the miners will become clearer over the next few weeks as they report June 30 full and half-year results. " https://www.forbes.com/sites/timtreadgold/2020/07/14/iron-ore-boom-generates-700-gross-profit-margins-for-big-miners/#2f830e41494b
gojotv! wrote: Say, uncleron, can you give us an example of a company that has $1B to spend on plasma torches?
You talk big numbers, but they don't make sense.