| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Investor briefing call - Offer to acquire Trident Royalties
|
14 Jun 2024 4:09PM |
$4.150 |
$4.490 |
risen by
8.19%
|
|
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Dividend Policy Adjustment - Payout Ratio
|
13 Jun 2024 5:46PM |
$4.460 |
$4.490 |
risen by
0.67%
|
|
DRR - Price-sensitive ASX Announcement
Full Release
Key Points
- Deterra announces adjustment to dividend policy.
- FY24 final dividend payout ratio to be 100% of NPAT.
- Future minimum dividend payout ratio targeted at 50% of NPAT.
- Deterra to adopt a Dividend Reinvestment Plan (DRP) by FY24 final dividend.
- Policy adjustment aligns with long-term balance between capital growth and income returns.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Recommended Cash Offer to Acquire Trident Royalties Plc
|
13 Jun 2024 5:45PM |
$4.460 |
$4.490 |
risen by
0.67%
|
|
DRR - Price-sensitive ASX Announcement
Full Release
Key Points
- Deterra Royalties Limited announced an all-cash offer to acquire the entire issued and to be issued share capital of Trident Royalties Plc for 49p per Trident share.
- The total cash consideration for the transaction is approximately £144 million (A$276 million).
- Trident is a diversified mining royalty company listed on the AIM Market of the London Stock Exchange, holding a portfolio of 21 royalties and royalty-like offtake contracts.
- The transaction will be implemented by a UK scheme of arrangement and is subject to Trident shareholder and Court approvals.
- The Trident Board unanimously recommends that all Trident shareholders vote in favor of the Scheme.
- Deterra has received irrevocable undertakings and a letter of intent to vote in favor of the Scheme from holders of approximately 84.1 million Trident shares.
- The Scheme is targeted for implementation in the second half of 2024.
- The cash consideration represents a premium of 22.5% to the closing price per Trident share on June 12, 2024.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Change in substantial holding
|
14 May 2024 8:19AM |
$4.900 |
$4.490 |
fallen by
8.37%
|
|
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Quarterly Royalty Revenue Update - March 2024
|
1 May 2024 8:21AM |
$4.950 |
$4.490 |
fallen by
9.29%
|
|
DRR - Price-sensitive ASX Announcement
Full Release
Key Points
- Total royalty receipts for March 2024 quarter: $63.1 million
- Mining Area C (MAC) contributed $62.8 million in iron ore royalties
- Increase of 0.6% in MAC iron ore royalties from December 2023 quarter
- Two Western Australian mineral sands operations generated $0.3 million combined
- MAC royalties are 1.232% of quarterly FOB revenue
- Current demonstrated annual capacity level for MAC: 118Mdmt
- BHP's reported MAC production and sales had minor quarter-over-quarter changes
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
BHP Operational Review - March 2024 Quarter
|
18 Apr 2024 9:31AM |
$4.810 |
$4.490 |
fallen by
6.65%
|
|
DRR - Price-sensitive ASX Announcement
Full Release
Key Points
- March 2024 quarter MAC production decreased by 4.4% to 29.3 million wet metric tonnes
- South Flank's ramp-up to full production of 80 million wet metric tonnes per annum is on track
- Deterra Royalties Limited receives 1.232% royalty of quarterly FOB revenue from MAC
- Current annual demonstrated capacity at MAC is 118 million dry metric tonnes
- Deterra Royalties also receives A$1 million per 1 million dry metric tonne increase in annual mine production
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Final Director's Interest Notice - J Warner
|
3 Apr 2024 6:55PM |
$4.920 |
$4.490 |
fallen by
8.74%
|
|
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Change in substantial holding from PPT
|
14 Mar 2024 5:40PM |
$4.930 |
$4.490 |
fallen by
8.92%
|
|
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Change of Director's Interest Notice - J Andrews
|
11 Mar 2024 4:38PM |
$4.820 |
$4.490 |
fallen by
6.85%
|
|
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Notification of cessation of securities - DRR
|
22 Feb 2024 4:38PM |
$4.950 |
$4.490 |
fallen by
9.29%
|
|
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Half Year Results Presentation
|
16 Feb 2024 8:13AM |
$5.060 |
$4.490 |
fallen by
11.26%
|
|
DRR - Price-sensitive ASX Announcement
Full Release
Key Points
- High quality assets delivering strong financial performance
- Building a platform for investment and growth
- Supporting shareholder returns
- Revenue of $119 million and NPAT of $79 million with a 95% EBITDA margin
- MAC production of 61 Mwmt
- Declared an interim dividend of 14.89 cents per share, fully franked
- Undrawn credit facility of $500 million available
- Disciplined cash flow and debt management strategy
- Executed strong shareholder returns and disciplined capital management
- Deterra's focus on cost inflation resistance and no capital cost obligations
- Deterra's strategy includes targeting non-precious metal royalties and growth through acquisitions
- Maintained flexibility to invest counter cyclically
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Dividend/Distribution - DRR
|
16 Feb 2024 8:13AM |
$5.060 |
$4.490 |
fallen by
11.26%
|
|
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Half Yearly Report and Accounts
|
16 Feb 2024 8:13AM |
$5.060 |
$4.490 |
fallen by
11.26%
|
|
DRR - Price-sensitive ASX Announcement
Full Release
Key Points
- Royalty revenue increased 23% to $119.0 million.
- EBITDA of $113.4 million at a margin of 95%.
- Fully franked interim dividend of 14.89 cents per share declared.
- South Flank expansion project remains on track.
- Mining Area C production volumes decreased by 3%.
- Revenue from Yalyalup and Wonnerup assets was $0.5 million.
- Total costs for the period were $5.8 million.
- Net profit after tax (NPAT) increased to $78.7 million.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Quarterly Royalty Revenue Update - December 2023
|
31 Jan 2024 8:20AM |
$5.450 |
$4.490 |
fallen by
17.61%
|
|
DRR - Price-sensitive ASX Announcement
Full Release
Key Points
- Deterra Royalties Limited (ASX: DRR) confirms total royalty receipts for the December 2023 quarter of $62.7 million.
- Three producing royalties for the quarter: Mining Area C (MAC) generating $62.4 million and two Western Australian mineral sands operations generating $0.3 million combined.
- MAC iron ore royalties increased by 11.3% compared to the September 2023 quarter due to stronger iron ore prices.
- No additional capacity payments from MAC for the period.
- Total royalty receipts for the year-to-date (YTD) are $119.0 million.
- Deterra receives an ongoing royalty of 1.232% of Australian dollar denominated quarterly FOB revenue from the MAC royalty area.
- BHP reported MAC production of 30.7 million wet metric tonnes for December 2023 quarter.
- MAC sales for the quarter were 27.5 million dry metric tonnes.
- Deterra expects to report its financial half-year report and directors’ report on 16th February 2024.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Change of Director's Interest Notice - J Seabrook
|
24 Jan 2024 5:29PM |
$5.320 |
$4.490 |
fallen by
15.60%
|
|
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
BHP Operational Review - December 2023 Quarter
|
18 Jan 2024 9:37AM |
$5.040 |
$4.490 |
fallen by
10.91%
|
|
DRR - Price-sensitive ASX Announcement
Full Release
Key Points
- Mining Area C (MAC) achieved production of 30.6 million wet metric tonnes (Mwmt) in the December 2023 quarter.
- South Flank’s ramp-up to full production capacity of 80 Mwmt per annum remains on track for the end of the 2024 financial year.
- Deterra receives a 1.232% royalty from the MAC royalty area based on Australian dollar denominated quarterly FOB revenue.
- Deterra also receives one-off capacity payments of A$1 million per one million dry metric tonne (Mdmt) increase in annual mine production.
- The current demonstrated annual capacity level is set at 118 Mdmt.
- Deterra expects to release its financial half-year report and directors’ report on 16th February 2024.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Becoming a substantial holder
|
9 Jan 2024 8:17AM |
$5.120 |
$4.490 |
fallen by
12.30%
|
|
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Change in substantial holding from PPT
|
29 Dec 2023 4:34PM |
$5.270 |
$4.490 |
fallen by
14.80%
|
|
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Ceasing to be a substantial holder
|
21 Dec 2023 8:22AM |
$5.240 |
$4.490 |
fallen by
14.31%
|
|
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Notification regarding unquoted securities - DRR
|
19 Dec 2023 6:03PM |
$5.270 |
$4.490 |
fallen by
14.80%
|
|
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Becoming a substantial holder
|
19 Dec 2023 8:17AM |
$5.210 |
$4.490 |
fallen by
13.82%
|
|
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Retirement of J Warner
|
18 Dec 2023 7:32PM |
$5.210 |
$4.490 |
fallen by
13.82%
|
|
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Change of Company Secretary
|
18 Dec 2023 7:30PM |
$5.210 |
$4.490 |
fallen by
13.82%
|
|
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Ceasing to be a substantial holder
|
11 Dec 2023 8:14AM |
$5.110 |
$4.490 |
fallen by
12.13%
|
|
| Deterra Royalties Limited (DRR) ORDINARY FULLY PAID |
Materials |
$2,377 |
Change in substantial holding from PPT
|
21 Nov 2023 5:19PM |
$5.130 |
$4.490 |
fallen by
12.48%
|
|