DRR 1.52% $3.90 deterra royalties limited

Ann: Recommended Cash Offer to Acquire Trident Royalties Plc, page-34

  1. 174 Posts.
    lightbulb Created with Sketch. 58
    Perhaps, but beauty is in the eye of the beholder.

    https://hotcopper.com.au/data/attachments/6245/6245971-24632c2fef263216094afe53575e5c88.jpg

    Lithium has bottomed and its still pumping out cash at these prices

    https://hotcopper.com.au/data/attachments/6245/6245970-c26f66b0e1fccd6b0de4cf7522eefbf2.jpg
    Trident owns a 60% interest in the Thacker 1.75% gross revenue royalty (1.05% net to Trident). Over a 40 year life - that's a sh*t tonne of free cash if there's even remotely decent prices for LCE. And that's just for 1 royalty in the suite. Anyway, I dont mind it, need to give it some thought, but looks ok to me.
 
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