Intro

As a bonus episode, we’ve got a fascinating chat with Tshepo Magagane to share on all things BHP-Anglo.

Tshepo is a South African former investment banker, with extensive experience on African mining transactions and investments. 

He’s been posting some unique thoughts regarding the ongoing negotiations, with punchy views, that we’re excited to tap into and share. 

Sign-up for the Director’s Special

All information in this podcast is for education and entertainment purposes only and is of general nature only.

The hosts of Money of Mine (MoM) are not financial professionals. MoM and our Contributors are not aware of your personal financial circumstances. Before making any investment decision, you should consult a licensed financial, legal or tax professional.

MoM doesn’t operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given. MoM strive to ensure the accuracy of the information contained in this podcast but we don’t make any representation or warranty that it’s accurate or up to date. Any views expressed by the hosts of MoM are their opinion only and may contain forward looking statements that may not eventuate.

MoM will not accept any liability whatsoever for any direct or indirect loss arising from any use of information in this podcast.

Thank you to our Partners:

VRIFY – Communicate in 3D

grant@vrify.com

GetWet Solutions – Innovative bladder tanks for mobile water storage

Matt.hall@getwetsolutions.com.au

DSI Underground – Ground support gurus

https://www.dsiunderground.com/contact

Silverstone – Energy solutions for your business

kenny@sstone.com.au

CRE Insurance – Insurance Brokers for the Construction, Resources and Energy sectors

davidh@creinsurance.com.au

WA Water Bores – WA’s premier water well drilling company

James@wawaterbores.com.au

Brooks Airways – Perth’s leading charter flight operators

ops@brooksairways.com

K-Drill – Safe, reliable, and productive surface RC drilling

ryan@k-drill.com.au

We use SPARK - Market data for active ASX Traders - https://sparktrader.com

Chapters:
(0:01:06)Tshepo on Money of Mine
(0:01:56)£50/share is needed
(0:06:40)BHP have been naïve
(0:08:05)Important & overlooked details
(0:09:30)Excon - overlook it at your peril 
(0:12:40)There will NOT be roll-over relief
(0:14:10)How this deal has evolved
(0:16:50)Synergies are a thumb suck
(0:17:45)Anglo's "go-it-alone" strategy
(0:24:05)Has it all been a show by BHP?
(0:27:35)China's next 10 years in Africa
(0:29:05)Can Anglo execute
(0:32:03)Iron Ore allowed for many mistakes
(0:34:35)What's Glencore's angle?
(0:37:15)The bankers running Anglo's defence
(0:42:10)Tshepo's prediction