Stopped out…I unfortunately got stopped out of my position in the bounces of Monday, I didn't get the chance to lower the stop, but I'm not mad as the stop was set for safety and it did it's job, I'll be looking to get back in at some point if the numbers look decent.
The well fall off altho interesting to know and see, I don't feel it materially effects the royalty at this point other than it's interesting, as the holder, NWX takes the least risk, as long as the company is pumping and drilling at a good rate, the royalty has to be paid and can be somewhat consistent and mildly predictable. The main things that would hurt would be a less intensive drilling program or the oil producers going under, both which don't seem like it's a major danger right now.
I'm not saying this is a home run of an investment, but the risk/reward seems like it will continue being attractive for a while, but it could be much better and safer but because of these risks the pricing is rather good for taking the shot at the payout. (I made 10% gain in less than 5 months and I'm ok with that)