Revenue

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Hobbit

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Revenue

posted on Sep 07, 2021 12:27PM

At current metals prices, Eagles Nest and Blackbird alone would boost these bohemoth's annual revenues by ~12% (Fortescue 2020 $12B) and ~4% (BHP 2020 $43B). And both have profit margins > 40%.

So whereas Wyloo might be asking Forrest for an increase in their allowance, BHP is just trying to figure out how many gum balls they can get in their mouth at once.