{"id":51398,"date":"2006-04-10T09:16:22","date_gmt":"2006-04-09T23:16:22","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2006\/04\/10\/bhp-billiton-a-bad-uranium-play\/"},"modified":"2006-04-10T09:16:22","modified_gmt":"2006-04-09T23:16:22","slug":"bhp-billiton-a-bad-uranium-play","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2006\/04\/10\/bhp-billiton-a-bad-uranium-play\/","title":{"rendered":"BHP Billiton A Bad Uranium Play"},"content":{"rendered":"<p>Any reason seems a good one these days to buy BHP Billiton (BHP) shares. They flirted with the $30s last week and closed at $29.50 on Friday. Who still remembers the days when one could snatch them up for $9-something?<\/p>\n<p>Anybody can come up with a handful of reasons of why investors should have BHP shares in their portfolio. Record high copper prices. An ongoing &#8216;China is hungry for resources&#8217; theme. And maybe, just maybe, the current craze for everything that has a distinct relationship with uranium and\/or gold may play a role as well.<\/p>\n<p>BHP is sitting on the world&#8217;s largest unmined uranium reserves\u00a0at its Olympic Dam mine. For those willing to play the uranium fad there&#8217;s some disappointing news. BHP Billiton&#8217;s current uranium contracts are locked in until 2010. That doesn&#8217;t mean they cannot increase their current production of course, but it won&#8217;t happen overnight<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investors buying BHP Billiton shares because of its uranium reserves are overlooking something: current supply contracts are locked in until 2010.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/51398"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=51398"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/51398\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=51398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=51398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=51398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}