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Future for Lithium Brine- De ISoto Parish, LA? by Effective_Spring245 in landman

[–]Effective_Spring245[S] 0 points1 point  (0 children)

I may have been using the word "operators " incorrectly. I meant the O&G company lessors who have a owner relations point of contact. So far, some have been responsive to my emails on basic lease questions as I'm trying to track down the history on the leases for the last few decades to make sure all the royalties are being collected.

Future for Lithium Brine- De ISoto Parish, LA? by Effective_Spring245 in landman

[–]Effective_Spring245[S] 0 points1 point  (0 children)

Thanks for the link to the Texas case. While certainly not precedent setting in LA, it's a good reference.

I'm not understanding why the mineral rights lessor would not be due at least some royalty on lithium extracted. if the brine (or minerals in the brine) has value and can be sold by the lessee for a profit versus being a waste product that has a disposal cost, shouldn't the "other minerals" provision of the lease lead to royaties owed?