![](https://investorshub.advfn.com/uicon/69375.png?cb=1550313276)
Sunday, January 30, 2011 10:49:03 AM
Tax= 50%
Royalty= 5% (I think, not sure)
Now if they are talking of a blk 2 & 4 project, which is where I think they would start, we avg out at 20.75%, so that leaves 24.25% for those paying 100% of upfront cost.
Not so good for the operator when you really look at it.
John
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