Brazil IO mining is in chaos, slammed by both Covid and the tailings dams disasters.
Guinea is also a shambles and is far from production.
The only player shipping the volumes China needs is Australia. A monopsony.
China can do without our wine or almonds, but not our IO.
Further, South Flank is well down on the cost curve. Relax.
Ash
News: DRR Deterra Royalties Posts FY NPAT Of A$94.3 Mln, page-17
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$4.14 |
Change
-0.030(0.72%) |
Mkt cap ! $2.188B | |||
| Open | High | Low | Value | Volume |
| $4.20 | $4.21 | $4.12 | $8.456M | 2.039M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11652 | $4.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.15 | 41700 | 3 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| DRR (ASX) Chart |