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lowman

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lowman

Re: Trueheart post# 12023

Saturday, 03/31/2007 11:22:49 AM

Saturday, March 31, 2007 11:22:49 AM

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I don't believe the percentages are quite that high. I have seen them somewhere in past DD and believe the indians' royalties are around 17.5%, higher than average, but not substantially.

I also believe there are efforts being made to 'negotiate' better rates on the state taxes on oil and gas.

All combined, seems I remember the percentages NVMG will be paying out are approx. 5% more than the norm, which though is nothing to smile about, is also nothing to be alarmed of.

L~



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