If DRR will have 1.05% gross royalty on revenue (after payback), and the project has expected average ebitda of $2.1 billion, from 2028 DRR will be getting about U$22.5million from this royalty.
At current exchange rates, this is around 1/6 the annual payments from Mac C - but in a diversified mineral, and for an approximate 80 year lifespan.
I'm pretty happy with the trajectory of this, and it's value to DRR and shareholders.
Please correct me if ebitda isn't the best approximation for revenue given the information available or my math is wrong.
Ann: Thacker Pass Lithium Project - Portfolio Update, page-3
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Last
$4.19 |
Change
0.040(0.96%) |
Mkt cap ! $2.216B | |||
| Open | High | Low | Value | Volume |
| $4.15 | $4.23 | $4.12 | $5.614M | 1.338M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4228 | $4.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.24 | 2441 | 2 |
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| Last trade - 16.19pm 01/08/2025 (20 minute delay) ? |
| DRR (ASX) Chart |