Not exact matches
At today's prices, industry forecasts of three million barrels per day by 2020 are likely to underestimate production by a bit, but the real kicker will be on the value of that production to all concerned — governments, via taxes and
royalties, and shareholders will all suffer much lower
returns from this development
than they would have expected less
than a year ago if prices stay where they are today.
If you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 - year oil sands project is a lot of risk for less
than a 10 % rate of
return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a
royalty regime which lowers rates when prices are low.
If you're talking about a new project with no significant investment already deployed, building a new mine if you expect today's prices to hold in the long term is a tough call — a 50 year oil sands project is a lot of risk for less
than a 10 per cent rate of
return — but even there, you can see the impact of the lower Canadian dollar and the hedge provided by a
royalty regime which lowers rates when prices are low.
In
return, they receive
royalties or rights to a «stream,» an agreed - upon amount of gold, silver or other precious metal at a lower -
than - market price.
KU would maximize my
returns in the short - term with borrows that paid out more
than my
royalties would have (because I like to eat).
Since the financial
returns from self - publishing per book are so many times greater
than the
royalties paid by traditional publishers, I could easily cut the marketing firm in on the
returns.
What this means is that even though the author and narrator may split audiobook
royalties 50/50, the author gets a better
return for advertising
than the narrator ever could; because some people who are sold by an audiobook ad will buy the print or ebook instead.
And online producer - retailer like Amazon turns over a far better
royalty rate of
return to authors
than the traditional publishing houses have done — and is capable of displaying a writer's work before an almost incomprehensibly large audience of potential readers.
It also seems to me that one more possible advantage for authors is that they may be able to get their
royalty checks more frequently
than every quarter, since they won't have to wait for
returns to the publisher.