Total 4 Posts
BHP extracts and processes minerals, oil and gas. BHP has a diverse portfolio of tier one assets. They are long life, low cost and expandable. To extract the most value and the highest returns from their assets they operate them safely and productively and deploy technology.

Dragged over the coals

Covid-19 has certainly disrupted the coal mining business. Basically the government closed the economy, killing demand for electricity and since coal is a major input for electricity, killing the demand for coal.

Simply sizzling performance

Since March 1st, we are up 55% versus the market's approx 25% Since January 1st, we are up 112% versus the markets approx break even performance.

2020 - April Performance

The lucky rabbits foot has paid big dividends in April. Compared to the broader S&P market the portfolio gained 43% compared to 12% - so that was nice.

Who said Uranium and Oil do not mix? - BHP Group (NYSE: BHP)

Finally the Uranium spot price has started to move in the right direction, which should set off a long term contracting phase for a profitable future.
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