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michael t

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michael t

Re: Swick984 post# 25923

Monday, 10/03/2016 3:04:02 PM

Monday, October 03, 2016 3:04:02 PM

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Good find swick. I was trying to find the agreement, but hadn't gone that far back yet. It is possible that the rate is up to .5 per ton based on this line in the most recent 10q related to a write off regarding this lease.

...$401,000 of prepaid royalties related to the minimum annual royalties paid during the period of operation.
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