PYM pryme energy limited

royalty's are pretty much overriding royalties so they get 3% of...

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    royalty's are pretty much overriding royalties so they get 3% of the revenue pre tax and any other costs. So if you produce 10 bopd at $80 a barrel = $800 they get 3% of that so $24.

    A 3% orr is normally the equivilant to a 10 - 15% stake in the drill.
 
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