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RBC: BHP going shopping

BHP (ASX:BHP) outlined a detailed plan on how to not waste a whole lot of shareholders’ money again this week, and RBC Capital Markets analyst Tyler Broda thinks the plan looks good on paper.

RBC: BHP going shopping RBC: BHP going shopping RBC: BHP going shopping RBC: BHP going shopping RBC: BHP going shopping

If Andrew Mackenzie can stick to a plan that will see short-term pain, he might get another tier 1 project

Broda said BHP could get "first-mover advantage into the next cycle" if it sticks to its new framework.