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BHP expanding Nickel West operations​


au.finance.yahoo.com

BHP expanding Nickel West operations

Global miner BHP has lifted its estimates for nickel demand over the next decade amid its rising usage as a battery mineral and also outlined plans to expand its processing facilities in Western Australia.The company now sees nickel demand rising faster than expected due to rapid growth in the...
au.finance.yahoo.com au.finance.yahoo.com

i hold BHP

this MIGHT also help MCR ( i hold MCR also )
 
divs4ever said:

BHP expanding Nickel West operations​


au.finance.yahoo.com

BHP expanding Nickel West operations

Global miner BHP has lifted its estimates for nickel demand over the next decade amid its rising usage as a battery mineral and also outlined plans to expand its processing facilities in Western Australia.The company now sees nickel demand rising faster than expected due to rapid growth in the...
au.finance.yahoo.com au.finance.yahoo.com

i hold BHP

this MIGHT also help MCR ( i hold MCR also )
Click to expand...
are you now going to use the DRP :)
 
NO

i have retired now ( 4 years back the answer would have been yes )



i may as well use the BHP cash for assorted expenses ( i have several other shares fully DRPed and a few partially DRPed )

too late , so sad ( for me )
 
qldfrog said:
Bhp $44 in 2008,might reach $54 in 2021 after 2 resource boom
Click to expand...

Yes, don't mention the BHP buyback in 2018 when rump Billiton was excised

Dividends have been incrementally great (and *franked). And yes it's a resources company, at the mercy of commodity prices as well as operational issues

Starting at #357 (... that implies 356 prior dividends, since 1885)

#357 Aug 2008 ... 46.902169¢* (US 41¢)
#358 Feb 2009 ... 64.950495¢* (US 41¢)
#359 Aug 2009 ... 48.684914¢* (US 41¢)
#360 Feb 2010 ... 46.470715¢* (US 42¢)
#361 Aug 2010 ... 48.649438¢* (US 45¢)
#362 Feb 2011 ... 45.935919¢* (US 46¢)
#363 Aug 2011 ... 52.009456¢* (US 55¢)
#364 Feb 2012 ... 51.071717¢* (US 55¢)
#365 Aug 2012 ... 55.083427¢* (US 57¢)
#366 Feb 2013 ... 55.567037¢* (US 57¢)
#367 Aug 2013 ... 63.78853¢* (US 59¢)
#368 Feb 2014 ... 64.723570¢* (US 59¢)
#369 Aug 2014 ... 66.199356¢* (US 62¢)
#370 Feb 2015 ... 80.823882¢* (US 62¢)
#371 Aug 2015 ... 87.781396¢* (US 62¢)
#372 Feb 2016 ... 21.367521¢* (US 16¢)
#373 Aug 2016 ... 18.520968 ¢* (US 14¢)
#374 Feb 2017 ... 53.177346¢* (US 40¢)
#375 Aug 2017 ... 52.949144¢* (US 43¢)
#376 Feb 2018 ... 70.585216¢* (US 55¢)
#377 Aug 2018 ... 88.545327¢* (US 63c)
#378 Dec 2018 ... 141.274238¢* (US 102¢) <* the big cleansing buyback>
#379 Feb 2019 .... 78.080636¢* (US 55¢)
#380 Aug 2019 ... 113.702624¢* (US 78¢)
#381 Feb 2020 .... 99.403579¢* (US 65¢)

We await the Aug report with interest.
 
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qldfrog said:
When you work for them, a yes minister style of higher mgt.
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But I have got to agree with the challenges that management throw up. ... and bringing about change is so very very hard

I remember in the early '80s when I worked as a geophysical logger (contractor) in coal and oil/ gas exploration, I encountered a curious circumstance. I enquired where the coal seams (plural) were so I could slow my pass down from 9m/ min to 2 m/min, in order to get better data. "Tight hole", I was told. <the geophysics could detemine to 2cm +/- after my run, and which I could see on the analog printout ... but somehow this was classified.>
 
Dona Ferentes said:
Yes, don't mention the BHP buyback in 2018 when rump Billiton was excised

Dividends have been incrementally great (and *franked). And yes it's a resources company, at the mercy of commodity prices as well as operational issues

Starting at #357 (... that implies 356 prior dividends, since 1885)

#357 Aug 2008 ... 46.902169¢* (US 41¢)
#358 Feb 2009 ... 64.950495¢* (US 41¢)
#359 Aug 2009 ... 48.684914¢* (US 41¢)
#360 Feb 2010 ... 46.470715¢* (US 42¢)
#361 Aug 2010 ... 48.649438¢* (US 45¢)
#362 Feb 2011 ... 45.935919¢* (US 46¢)
#363 Aug 2011 ... 52.009456¢* (US 55¢)
#364 Feb 2012 ... 51.071717¢* (US 55¢)
#365 Aug 2012 ... 55.083427¢* (US 57¢)
#366 Feb 2013 ... 55.567037¢* (US 57¢)
#367 Aug 2013 ... 63.78853¢* (US 59¢)
#368 Feb 2014 ... 64.723570¢* (US 59¢)
#369 Aug 2014 ... 66.199356¢* (US 62¢)
#370 Feb 2015 ... 80.823882¢* (US 62¢)
#371 Aug 2015 ... 87.781396¢* (US 62¢)
#372 Feb 2016 ... 21.367521¢* (US 16¢)
#373 Aug 2016 ... 18.520968 ¢* (US 14¢)
#374 Feb 2017 ... 53.177346¢* (US 40¢)
#375 Aug 2017 ... 52.949144¢* (US 43¢)
#376 Feb 2018 ... 70.585216¢* (US 55¢)
#377 Aug 2018 ... 88.545327¢* (US 63c)
#378 Dec 2018 ... 141.274238¢* (US 102¢) <* the big cleansing buyback>
#379 Feb 2019 .... 78.080636¢* (US 55¢)
#380 Aug 2019 ... 113.702624¢* (US 78¢)
#381 Feb 2020 .... 99.403579¢* (US 65¢)

We await the Aug report with interest.
Click to expand...
Good research
 
well BHP compared to TDs since 2011 ( when i became interested in the market ) BHP should be an easy winner if you include the bonus S32

now government bonds might be a poser , IF you had bought LONG-DATED bonds say 20 year bonds in 2008 to 2011 ( and probably at fixed rates ) the BHP ( and bonus S32 ) would have you in Capital gains territory ( but not by a jaw-dropping amount ) but income from each might be rather competitive and tax offsets ( franking )might be the deciding factor here , not everyone can use franking credits

now if you had bought short duration bonds ( say 5 year ) and kept on rolling them over that might not be such an attractive deal for the bonds especially since you returned capital has been eroded by inflation
 
Miner said:
Good morning friends
Hope we are wearing seat belts to see bhp and other iron miners in the market.
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would need hang-gliding kit to get me excited in relation to iron-ore miners ( with the possible exception of MGX ) , currently

BUT anything is possible in an irrational market

good luck
 
Yes the s32 ..kind of forgot that..but bhp still beaten flat by even a standard xao etf..anywaY, i do not see bhp as a success story in any way, more a total failure considering its starting position 20y ago
 
i saw BHP as a survivor in a world of confusion

my av. for BHP is $28.96 ( after averaging down pre-2016 ) ( and pre-S32 spin-off )

too big to fail , so to speak

but gee not many ASX listed companies have survived 20 years as a listed entity

and compared to some other 'blue chips' WBC , AMP , IPL , ORG , ...... BHP hasn't been that dreadful
 
divs4ever said:
i saw BHP as a survivor in a world of confusion

my av. for BHP is $28.96 ( after averaging down pre-2016 ) ( and pre-S32 spin-off )

too big to fail , so to speak

but gee not many ASX listed companies have survived 20 years as a listed entity

and compared to some other 'blue chips' WBC , AMP , IPL , ORG , ...... BHP hasn't been that dreadful
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But it had everything in its hands , best coking coal by far, safe locations, next to booming market etc etc, compare to rio which started from a much much weaker position, and has know how to leverage technology, its people ..anyway.i am probably not objective as i worked for bhp...
 
well i worked for WOW in 1972 ( ish ) and NWS in 2000 (ish )

and BHP doesn't look so bad , in comparison , yea true , i wish Kloppers was still running the show , but they haven't made a total mess of things

and don't be so sure Glencore will not have another CLOSE look at RIO ( especially if they keep closing aluminium smelters )
 
divs4ever said:
well i worked for WOW in 1972 ( ish ) and NWS in 2000 (ish )

and BHP doesn't look so bad , in comparison , yea true , i wish Kloppers was still running the show , but they haven't made a total mess of things

and don't be so sure Glencore will not have another CLOSE look at RIO ( especially if they keep closing aluminium smelters )
Click to expand...
Kloppers was a total dick and screwed the company for decades, he left a myriad of clones dicks in key positions there so his legacy and damages is still going on.
 
qldfrog said:
Kloppers was a total dick and screwed the company for decades, he left a myriad of clones dicks in key positions there so his legacy and damages is still going on.
Click to expand...
just wish you could wipe a decade of lost opportunity, lost technological advances just by sacking him, but has not been the case.
The only advanced part of BHP is the woke, purple hair and transgender PR side.definitively not a leader and it cost you and I as Australians dear with the lost forever resources due to that backwardness.Anyway, over.what's a few billion a year when a country can waste 5 billions a week on Covid lockdowns
 
i know he had plenty of enemies , but at least he wasn't running it like RIO ( or over-leveraged like Glencore )

the woke part is coming from the institutional investors ( pension funds and hedge funds mainly ) look at WOW and AGL rushing to go woke to mitigate share-holder dissatisfaction elsewhere
 
BHP approves Shenzi North project and moves Trion project into the FEED
phase

BHP approves Shenzi North project and moves Trion project into the FEED phase The BHP Board has today approved US$544 million in capital expenditure to execute the Shenzi North oil project in the US Gulf of Mexico. The capital expenditure approved represents a 100 per cent share interest. The project offers very attractive returns at a nominal IRR of over 35 per cent, a breakeven of approximately US$25/bbl and a payback of less than 2 years2 . BHP is operator and holds a 72 per cent share in Shenzi North. Repsol holds the remaining 28 per cent working interest and is expected to make a Final Investment Decision later this calendar year. Shenzi North represents the first development phase of Greater Wildling, following exploration success in 2017, with the resource and development plan further refined through Ocean Bottom Node seismic data and analysis. The project will take advantage of existing infrastructure and production capacity in the nearby Shenzi production facility, with value further enhanced through the recent acquisition of an additional 28 per cent working interest taking BHP’s interest in the Shenzi field from 44 per cent to 72 per cent. The project adds two wells and subsea equipment to establish a new drill centre north of Shenzi with the capacity to produce up to approximately 30 mboe per day. Production is expected to begin in the 2024 financial year. In addition, the BHP Board has also approved US$258 million in capital expenditure to move the Trion oil project in Mexico into the Front End Engineering Design (FEED) phase. The focus of these studies will be on completion of the engineering, commercial arrangements and execution planning required to progress to a Final Investment Decision from mid-calendar year 2022. BHP holds a 60 per cent participating interest in and operatorship of blocks AE-0092 and AE-0093 containing the Trion discovery located in the deep-water Gulf of Mexico offshore Mexico. PEMEX Exploration & Production Mexico holds a 40 per cent interest in the blocks. Geraldine Slattery, BHP President Operations Petroleum, said “Both Shenzi North and Trion are strong growth assets for our business, providing attractive returns from relatively low carbon intensity resources. “Shenzi North is aligned with the petroleum strategy to unlock and deliver further growth options in this key Gulf of Mexico heartland. This Board decision also marks an important milestone in advancing the Trion development as we continue to work with our partner PEMEX towards a Final Investment Decision in calendar year 2022.

DYOR

i hold BHP

probably won't move the needle
 
BHP Group has confirmed it is in discussions with Woodside Petroleum over the sale of its petroleum assets.

BHP confirms that we have initiated a strategic review of our Petroleum business to reassess its position and long-term strategic fit in the BHP portfolio.
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A number of options are being evaluated. One option is a potential merger of the petroleum business with Woodside Petroleum and a distribution of Woodside shares to BHP shareholders.
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We confirm that we have been in discussions with Woodside. While discussions between the parties are currently progressing, no agreement has been reached on any such transaction.
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BHP Falls on Worry Woodside Deal Isn’t a Clean Break From Fossil Fuels

https://au.investing.com/news/stock...-isnt-a-clean-break-from-fossil-fuels-2409515

DYOR

i hold BHP and WPL

i would have rather BHP retained these assets

but maybe WPL will get some better staff/management included in the deal

i WON'T be looking to sell the extra WPL straight away , but will consider if i should stop nibbling on market , until WPL proves they can lift their game

please note i am over 65 and it is likely i will be no longer before the world no longer needs coal and oil ,

now a ( say ) 30 year old has plenty of time to wait for EVs to dominate the world of transport
 
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