OXX 5.26% 3.6¢ octanex limited

palta as seen by whn, page-11

  1. 1,764 Posts.
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    No it doesn't work like that.

    An Over Riding Royalty means that you clip the ticket if they ever sell anything that is get into production. You pay nothing, no development costs nothing, that is why a 1% ORR is often equated to between a 7 and 10% working interest.
 
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