Keep in mind: We negotiated a 50/50 split with our investor. This applies to anything Wyoming related. So we will receive the initial 2MM, plus 0.75/ton (half of the $1.50) royalties. The other 2 Wyoming pants appear to be under the same negotiated contract. Why is this good?
It shows our 70% stakeholder isn't that concerned about kicking back an additional 20%. They apparently see Wyoming as just the tip of the iceberg, and aren't that concerned..
Or they're extremely kind. Either way, I'm good with it :)