DRR 2.06% $3.96 deterra royalties limited

DRR Dividend, page-16

  1. 174 Posts.
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    Iron ore is trading 60 per cent above UBS' 2021 commodity price forecasts, which would see upside to 2020-21 earnings at Deterra Royalties of 40 per cent according to the broker's resources team.

    I expect the IBs to start lifting iron ore forecasts (and target SPs), a 60% discount is ridiculous. China's stimulus wont be slowing and Brazil still having supply issues.
 
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