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Bullboard - Stock Discussion Forum Longford Energy Inc V.LFD

TSXV:LFD - Post Discussion

Longford Energy Inc > 40% royalty rate
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Post by good40 on Jan 08, 2012 10:29pm

40% royalty rate

I wonder if Genel has done their homework and have negotiated with Genel on the 40% royalty rate ?  I wonder what the cost would be, because after all,  it is equal to a 20% working interest in the block.
Comment by alstra32 on Jan 08, 2012 10:41pm
Multy billion $ company from the starting gates. Go ahead , you  think they did not research all the angles. You are stupider than I thought , pinhead. Glad, you do not do the shopping in this household!! Oh Yea   "LOSER " Still waiting for those picks ,7th attempt great GURU
Comment by hopeandaprayer on Jan 08, 2012 10:51pm
yes, I'm sure, goofy, that Genel spent considerable time and effort negotiating with Genel. Thanks for the input; very helpful.
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