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Longford Energy Inc V.LFD



TSXV:LFD - Post by User

Post by good40on Dec 27, 2010 11:41am
222 Views
Post# 17896940

Economics

EconomicsPSCs are negotiated separately.  Royalties to the KRG are different with each contract. 

VST has negotiated a 15% royalty,  NKO for the same development only 10%,  therefore NKO is the better investment.

Unfortunately,  LFD has negotiated a 40% royalty.  Along with their 40% working interest,  the numbers are difficult to crunch.  Any prospect generally is reduced by about 80%.  Pumpers don't tell you that.
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