Read an interesting article today on Business Spectator.
It about review of David Upton’s fascinating book The Olympic Dam Story.
Full article here
Cheers,
Oracle.
It about review of David Upton’s fascinating book The Olympic Dam Story.
... longer term shareholders should watch developments at Olympic Dam which will transform the company more than any other single asset since BHP’s discovery of Bass Strait oil in the 1960s.
BHP has converted Olympic Dam into the most valuable mineral resource in the world. Upton estimates that the current value of Olympic Dam ore is around $863 billion including $470 billion in copper, $270 billion in uranium, $116 billion in gold and $8 billion in silver.
The $863 billion valuation means that Olympic Dam has surpassed the value of Norilsk’s nickel-copper-palladium-platinum resource in Siberia which is valued at $745 billion.
Full article here
Cheers,
Oracle.