Well the Feb. monthly 8-K royalty announcement is out and details nothing of why the scheduled first disbursement is $3 million short. Mike Ulrich needs to have a barrage of questions/complaints fired at him, so Balls,jetsfan, steady_t et al, please get with it, because unitholders are supposed to be informed of all "material events" under SEC rules.
But, at least they got the month's W. Delta royalty income close to right for a change after pxd took out their 10% as "Managing General Partner"(sic) of our Trust.
Posted by: GO MOSH Date: Friday, February 19, 2010 1:13:48 PM In reply to: jetsfan2009 who wrote msg# 26952 Post # of 26991
jetsfan, you know, when I calculated 15.8 cents following the late Jan. monthly 8-K, those numbers given to us pointed to that amount. I expect the February announcement early next week, and it SHOULD give us the numbers we don't have yet. I had said that every one penny deviation from 15.8 equaled $719,802.
Since the only unknowns in those calculations were the usual 40k per month ongoing average past trust expenses, and some other atypical wind-up expenses, it doesn't make sense to come up $3 million short.
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