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bhp bil production report anyone got any opinions

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Not applicable
i see most production figures down how will this affect its share ????? any input from esteemed forumites will be apprec`iated
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5 REPLIES 5
platsak
Super Contributor
Lower commodity prices + lower production + sentiment problably the lowest for the last few decades = potential for real disaster. Think it will retest lows. If it goes through there the basement is te bottom. Im starting to think I must pull the plug and go cash.
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Project_Directo
Super Contributor
less growth out of china = less production required, who said that.
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Not applicable
I think the expectation a large commodity collapse is already built into BIL's price. There are some positives to consider here as well. BIL is a rand hedge much better than Anglo, and its also discovered large new gold reserves in Southern Australia. Simon might scoff, but gold is still the ultimate hedge when everything else collapses.
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Not applicable
aug level 176 , jan 176 support we just broke through that should go to 141 then 122 looks like a lot down , went against asa last week but got out on target see it is still going down well see how far
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Project_Directo
Super Contributor
I concur, 125ish, oil price pulling it south!!!!
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