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1] In the case, a landowner sued its mineral lessees for: (1) failure to provide a recordable act evidencing the expiration of a mineral lease under Mineral Code articles 206-209 and (2) failure to pay royalties under Mineral Code articles 137-140. [2] in unpaid royalties and an additional double damages penalty of $484,058.52
times net debt/funds flow, which is expected to continue to further strengthen to 0.8 Since forward-looking information addresses future events and conditions, by its very nature it involves inherent risks and uncertainties. on other countries and responses thereto could have a material adverse effect on the Canadian, U.S.
Once production financing is in place, it takes us to the 200,000 ounce a year production level200,000 low cost ounces a yearde-risked. Assuming the $11 million financing that was announced with the deal gets filled, Nexgold will have $18 million gross cash and $12 million gross debt on the balance sheet. Nebari also gets a small 0.6%
While Biden’s exact position on oil and gas production could still use some clarification (he has flip-flopped at least twice on whether he is opposed to fracking), he does not advocate for a complete ban on the use of fossil fuels.
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