As recently as November last year, BHP chief executive Andrew Mackenzie said: "We are just finding the right time in the market to offload Nickel West".
After listening to the presentation by Nickel West asset president Eddy Haegel to Diggers & Dealers on Monday afternoon, it is a safe to suggest that divestment day, or D-day, is close at hand.
Just when BHP triggers the mandate for Goldman Sachs to find a buyer remains to be seen. However, most observers suggest the trigger will be pulled after BHP's US$10.8 billion exit from the US shale business is completed in October, meaning it will be calendar 2019 when the Nickel West exit will get down to the nitty-gritty.
Now none of that came from Haegel. However, what he did do at the conference was to outline ...