DRR takes 1.23% of revenue, irrespective of the price
FMG - Profits are what's left after expenses
If iron ore is USD$30t, 1.23% is still 1.23%
DRR is really just a porn shop for miners, providing credit now, for a cut of the proceeds later.
if they don't make it, Franco- Nevada will consume them
Ann: Investor Presentation, page-5
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DRR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.01 |
Change
-0.010(0.25%) |
Mkt cap ! $2.119B | |||
| Open | High | Low | Value | Volume |
| $4.00 | $4.02 | $3.93 | $7.324M | 1.841M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 26870 | $4.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.02 | 48080 | 7 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| DRR (ASX) Chart |