Last half, DRR reported revenues of $24m, two months royalty income after separation from ILU.
The quarterly revenues announced of $36m is at the same rate of $12m a month.
Revenues are set to go higher in the immediate future - much higher - on the combination of stellar IO prices and the ramp-up of Area C production.
Just not yet.
Julian Andrews has stock and cash to buy royalties and creatively finance mines, so far no dice. Holders will be hoping this is because he is brewing up a stonker.
Ash
Ann: Quarterly Royalty Revenue Update, page-4
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Last
$4.06 |
Change
-0.090(2.17%) |
Mkt cap ! $2.146B | |||
| Open | High | Low | Value | Volume |
| $4.17 | $4.18 | $3.99 | $23.40M | 5.757M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 241 | $4.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.07 | 51258 | 6 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$4.05 |
Change
-0.090 ( 2.48 %) |
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| Open | High | Low | Volume | ||
| $4.18 | $4.18 | $4.00 | 1282881 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| DRR (ASX) Chart |
