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Hiking our fair value estimate for BHP Billiton

Hemscott | August 30, 2011 | 8:51 am Australia Europe Iron Ore 

We are increasing our fair value estimate for BHP Billiton (BLT) by 5% and maintain our positive stance. Very strong cash flows leave the balance sheet in better shape than anticipated. Our fiscal 2012 earnings forecast is for 33% increase in earnings

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