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Frequitude · 01-11-2016, 05:54 PM

The Alberta budget is going to be paiiiiinful. Any oil sands project in post payout for royalty purposes pay 25%-40% of net profits (compared to 1%-9% of gross revenue pre payout). 25% of nothing is nothing.

01-11-2016, 05:54 PM	#44
Frequitude Franchise Player Join Date: Jul 2005 Location: 555 Saddledome Rise SE Exp:	The Alberta budget is going to be paiiiiinful. Any oil sands project in post payout for royalty purposes pay 25%-40% of *net* profits (compared to 1%-9% of gross revenue pre payout). 25% of nothing is nothing.