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Enterprising Investor

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Re: None

Sunday, 09/09/2018 8:07:04 PM

Sunday, September 09, 2018 8:07:04 PM

Post# of 1495
TPL balance sheet is irrelevant when it comes to market value of land.

What is the carrying value of 877,514 acres of land, 1/16th nonparticipating perpetual royalty interest in 373,777 acres and 1/128th nonparticipating perpetual royalty interest in 85,414 acres?

Absolutely nothing.

What, you say?

Real estate and royalty interests assigned through the 1888 Declaration of Trust, no value assigned:

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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  • 1M
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