Share 'Ball park for mineral value regarding selling MR's'
Hello all, trying to confirm a ball park formula for mineral valuation. Im attempting to sell 50% of leased MR's in what some call "one of the sweet spots" in Harrison county Ohio.
: 2 X current bonus amount on 12.5% royalty lease. Example : bonus amount $3K x 2= 6K to sell
is this a good starting point when considering mineral value regarding selling? I know there are many other consider…
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