BHP Second-Half Profit Falls as Potash Prices Slump

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Aug. 20 (Bloomberg) -- Bloomberg's Jonathan Ferro reports that BHP Billiton saw second-half profit fall 6.9 percent on slowing growth in emerging economies and a drop in metal prices. He speaks on Bloomberg Television's "On The Move."

Project-by-project basis.

In light of all that is going on in the potash space and, in light of all that is going on in the mining industry, you could see a disappointing performance in the share price.

Thank you so much.

We are back with lucy mcdonald.

We heard the supplies in decision from bhp -- surprising decision from bhp to go ahead with potash.

It doesn't make sense.

Is this the wrong call from bhp?

I think they got lucky that they did not succeed in buying more, that would have been worse.

Now that it is disintegrating, a need to look at investing in something else.

They have a bad position.

I presume that it makes sense.

It looks questionable.

Do you own any bhp's or rio's? they are highly correlated.

They are correlated with chinese pmi.

They are a very macro play.

You need to see micro differences.

Quality of management.

They have to trade together.

Something global is happening with the company.

They give back to shareholders.

Does that have a place in the door.

-- were fully out -- portfolio?

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