yep, do nothing.
Unless profit from new royalties (which'd be less interest on credit) can return the same yield as MAC then it'll be dilutive to the current arrangement.
Re IO price v production ... only 1 is controllable and that is production. Recent presentations indicate additional areas will increase production and DRR royalties by even more than the targeted 145 wmtpa, so additional upside potential. The iron ore price will swing no doubt, but the return here is solid regardless
yep, do nothing.Unless profit from new royalties (which'd...
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Last
$4.79 |
Change
0.010(0.21%) |
Mkt cap ! $2.532B | |||
| Open | High | Low | Value | Volume |
| $4.75 | $4.81 | $4.71 | $4.521M | 945.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22584 | $4.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.80 | 14020 | 3 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$4.80 |
Change
0.010 ( 0.25 %) |
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| Open | High | Low | Volume | ||
| $4.75 | $4.81 | $4.72 | 367782 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| DRR (ASX) Chart |