State Geologist estimates
16*10E12 cuft in State
@$4 per 10E3 cuft
= $4 billion value
Royalty typically -> 1/8
-> $500 million
State owns about 1% of land
-> $5 million
or about $500K per year
about what LSC estimates (HB133)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment