DRR 2.06% $3.96 deterra royalties limited

I was hoping that some of the large fundies would question the...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 503 Posts.
    lightbulb Created with Sketch. 70
    I was hoping that some of the large fundies would question the logic of this deal and scupper it! Further they going ex divi to the tune of 15c FF!!
    When you read through the documentation it expressly states:
    "Specifically, Trident has limited, if any, access to the mining assets in respect of which royalties are derived
    by Trident. Trident generally relies on publicly available information regarding the mining assets and
    generally has no ability to independently verify such information.
    Deterra has conducted due diligence in relation to the Transaction, but has not been, and is not, in a position
    to independently verify such information and, to the maximum extent permitted by law, makes no
    representation or warranty, express or implied, as to the fairness, accuracy, completeness or adequacy of
    any information relating to Trident or its operations."
    I mean WTF....and
    "the mining assets and information and data available in the public domain as at the date of
    this announcement, and none of this information has been independently verified by Deterra"
    Surely they have done more DD than just the public announcements????

 
watchlist Created with Sketch. Add DRR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.