BHP... and HDX

This AM, I read that BHP is going to shell one of its coal mining project in Queensland.  That is not surprising.  China is winding down, not winding off.  Like all politicians, Campbell Newman in Queensland is ripping into the boom time in the resource sector.  Politicians will squeeze the udder of a cow until blood comes out before they can realize that it has been traumatized.

I am hoping this means HDX share price will fall.  However, the CEO who presented last night told us that if he didn't win anymore contracts for the next 2 years, he will still be very profitable from current contracts.

If I invest in a stock like this, then you have to trust that this director is honest.