Quote:
Originally Posted by PepsiFree
Sorry, you're right, the royalty rate just isn't changing soon (until 2017, I misread it as the review not until 2017).
There's no need to be condescending. "Well if you're soooooo smart" isn't a good way to have a conversation. In my opinion though, yes, the finances look rough enough that a review of everything should be in order, including royalties. When you walk into a mess you have to take account of anything and everything to make sure it's of benefit to you, not of detriment.
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You could also ask yourself, what happened the last time we mucked about with royalies? It took about six months for Stelmach to apologize, turn everything back to the way it was and pray oil companies would come back. What in the world would make anyone think now is a better time to screw around?