DRR 0.72% $4.14 deterra royalties limited

Business Development, page-7

  1. 697 Posts.
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    These BD costs exists in any resource company of Deterra's size or more - it's just they are obscured behind much greater expenditure in other areas.

    You could make the same argument that FMG, BHP or ILU should shutter their significant strategy / BD costs.

    I get the argument but I'd rather they be patient. If other market players judge these cost to be extravagant (I dint think they are) then they will apply a 10x multiplier and value them as a synergy
 
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