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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: ogi who wrote (310614)	7/28/2025 10:51:52 AM
From: 31Floors	1 Recommendation Recommended By ogi Read Replies (1) \| Respond to of 312738

The farm in deal announced by VLE means there is no outlay to buy a property. The party that farmed out the 40% just acquired the rights a couple of years ago. It's an expansive increase in territory and foreshadows a significant addition to future revenues. But it won't be delivering the kind of FCF returns that they're getting now! There s a 10% royalty, profit sharing w the government and they even have to pay taxes, LOL.