NGL to da moon (well, maybe to $10?)!! Message Board

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Gold/Mining/Energy : NGL to da moon (well, maybe to $10?)!!

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To: FIFO_kid2 who wrote (73)	4/19/2024 7:38:04 AM
From: Elroy	Read Replies (2) of 100

the current massive inflation rate involved zero costs to the owner and the current trend of rising rates well above inflation continuing to be very positive. I wonder what size land position the partnership holds or has rights to for water disposal. What do you mean? "Rising rates" of what? Interest rates? Rates per barrel to transport water? What rates? NGL just sold some land for $70 million. I don't really know what other land items they have on their balance sheet. What is the relationship to land and land rights to what you are discussing?

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