re: Ann: Quarterly Report for Period Ended 31... Corporate and EL. You are both wrong. I know it is 20%. I have been quite equivocably told it is 20% by someone who knows.
Ask anyone in the O&G field in NZ and they will also tell you it is 20%.
Time will show that I am correct, but it will take a while because there will be no royalties paid or accrued for several quarters to come yet.
What a waste of energy......
Ann: Quarterly Report for Period Ended 31 Decembe, page-35
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