RE: RE: RE: sold about 1/2The company originally had a 20% working interest, with a 10% royalty liability. They purchased another 20%
from the KRG for the additional royalty. They are the only ones with a royalty that high.
Someone should do a little research to find out what the cost was for the original 20% interest... then you
can compare value with the new 40% royalty. To me, if they were as certain as Maysteeler will tell you, I just don't
think they would have sold the farm before the crops come in. Simple economics tells you that a 40% interest
and a 40% royalty make the business plan fairly difficult.