From beginning to end all my questions were answered and my mind set at ease. The average price per acre for mineral rights that are not leased is between $0 and $250/acre. He got me a better. The best way to think about the mineral rights market is to look at it like art. For example, if you leased mineral rights for $2,000/net mineral acre, you could expect to an average price per acre for mineral rights between $4,000/net mineral acre to $6,000/net acre. If you have any questions about how to estimate mineral rights value or wish to sell mineral rights, please let us know using the contact form at the bottom of this page. A lot of mineral owners fall into a common trap. She responded to every question, even ones that to her were probably. The support from Terra and Garrett was most kind and helpful throughout the entire process. My aging mother-in-law needed to sell some mineral rights in Oklahoma and Kansas. :---Yes - $0 to $35,000Yes - $35,000 to $50,000Yes - $50,000 to $100,000Yes - $100,000 to $250,000Yes - $250,000 to $1MMYes - $1,000,000+No Offers, How did you hear about us? professional, personable and guided me through the entire process and got me a really good prices. They made the process of selling my parents oil and gas interest an easy and. I was very worried our ignorance on the subject would put us at a real disadvantage. We received more for the rights than an offer I had received and more than I had expected. A 2018 valuation of the oil and gas minerals determined the Suggested Market Value to be $553,745. Their staff is always professional and they give excellent customer service. Guaranteed---you won't regret it!! Recently sold mineral rights for $400,000. Mineral rights are property rights to exploit an area for the minerals it harbors. There is no average price per acre for mineral rights! Research kept pointing me to US Mineral Exchange---and it was the smartest call I could have made!! Your neighbor next door has a 25% lease and they had 1 old vertical well from 1950 that just got shut in. We both received offers in the mail to purchase those rights. Garrett and Terra provided professional and helpful advice. 46: 2227: August 15, 2018 Bakken Shale - Oil & Gas Discussion archives. If you get a royalty check you have producing mineral rights. Through the years of my owning the property, I had offers to buy it, ranging from $300 to $1400 per acre. To calculate mineral rights value, multiply the 12-month trailing cash flow by 3. Find out what your expected return is depending on your hash rate and electricity cost. Mineral owners come to us all the time and ask us, how much are mineral rights worth per acre? The reason for this is it is very difficult for a computer algorithm to accurately value minerals and also there is a lack of readily available data on actual prices paid in arms-length mineral … I was impressed with the positive reviews, and was greatly reassured after talking with Eric. Browse mineral owners, royalty interests, appraised values, etc., for oil and gas properties in Wisconsin. Geology, the study of underground structures provides much of the answer. Both Eric Winegar and later, Garrett Phelan were patient with me and my questions. Learn more about your mineral rights. However, the gap between “fair market value” and the offers some mineral … The most simple explanation is that a net royalty acre is a net mineral acre leased at 12.5%. Mineral Exchange. Mineral Assessed Value is 60% of the appraised value of the property. He was always responsive within 24 hours, taking the time to explain current market trends that might affect our decisions. I will gladly recommend their services. be happier with the entire experience. There was no cost to me, no high pressure sales, and I received so much more money for my mineral rights. Needless to say, my experience with them and the US Mineral Exchange before, during, and after the process alleviated that unsettling feeling swiftly. Thank you again Terra & Garrett. price than initially thought I would get on the exchange. I asked a million questions and got detailed responses - sometimes more than once...or twice...or as many times as I needed in order to understand. Thank you Eric and Garrett for making this experience great, and effortless. Learn more about mineral rights value in Texas. In a single county, the average price per acre for mineral rights could be anywhere from $250 to $10,000+/acre depending on all these factors. I dealt with Terra and she was a real champ at follow-up and advise. My sister and I recently inherited mineral rights. Thanks, Garrett. Your research of the history and records of my rights, was extremely helpful in completing this project. Their instructions for the closing process were very detailed and easy to follow. Our guide to selling mineral rights explains everything. in taxes. Terra and her colleagues walked me through the process to sell my mineral rights, so that I was completely understanding of every step and very comfortable with my decision to put my rights into auction. than we expected. Before you can calculate the potential mineral deposit value, you first need to gather some specific data regarding the ore body and the individual drill results.. The deal is now closed, the money is in the bank! The service was fast, excellent and beyond my expectations. The market value of mineral rights that are leased is 2x to 3x the lease bonus. I mostly worked with Terra via e-mail. Mineral owners with producing minerals who decide to sell their mineral rights can usually expect to get between 36 and 72 times the average of their monthly income over the past six months. help military veterans. I could not be more pleased, and only wish my aunt had known about it in time to benefit. Mineral Exchange. Interested in mineral rights value in Kansas? © 2021 CAPLE ROYALTY SERVICES, LLC | ALL RIGHTS RESERVED. The mineral rights value calculator below is a good estimate of the cash flow value of your mineral rights, but does not account for the future upside value of your mineral rights. Garrett was wonderful to work with. Because the commission the Company gets comes from the buyer, not the seller, people like me are assured that whatever final figures that are arrived at, are the best. After careful evaluation of the whole situation I engaged them as my broker, to list my minerals for sale. I walked in to this process (even after extensive research) with an unsettling feeling not knowing much about how mineral rights were valued, how complicated or not the process of selling was from start to finish, and whether or not I was taking the right approach. After contacting one of those companies, my aunt and I both experienced high. Otherwise it would have been at least a 6 week wait. About one week after posting, Garrett suggested we request a best and final offer. You need copies of your check stubs OR you need an order for payment document that will show you how many net acre you leased. There are dozens of variables that can go into calculating this number. Or use the links to find out a bit more about how vitamins and minerals are used by your body. She was very patient with us and explained everything very clearly, which was helpful since we had no experience in this area, and she never talked down to us. When considering the question of how to assess and value mineral rights, many variables must be considered. U se the natural gas royalty calculator below to calculate your decimal interest and then to estimate your monthly revenue. The gross mineral acres describe where your ownership is located. However, if you get multiple offers in the mail to sell mineral rights you can get a general feel for the market value through these offers. We highly recommend U.S. Many mineral owners are searching for the Zillow of mineral rights. While these estimates will not be perfect, they will help you get a rough ball park estimate of the value. US Mineral Exchange also got me a fair value when other companies were trying to lowball me. A mineral rights appraisal service is designed to tell you the overall value of your mineral rights. I wholeheartedly recommend US Mineral Exchange and gladly serve as a reference. The gross mineral acres is usually a nice clean number like 40 acres, 80 acres, or 160 acres. Some mineral appraisal type services will claim to give you an accurate calculation of mineral rights value. She was also professional in that she paid attention to every detail, down to indicating the paper size that was required for printing our documents! They were very. Now imagine you list the home on the MLS where thousands of potential buyers know your house is for sale. For example, it is possible to sell or lease rights to all mineral commodities beneath a property and retain rights to the surface. If you have an offer in hand, and the estimate we show is lower than your offer, DO NOT accept the offer simply because it is higher than our estimate. They are experts at the minerals business and the process reflected such. The closer you are to known hydrocarbon accumulations, the higher your mineral rights value will be. Your goal is to put the most cash possible in your pocket. How much you can sell leased mineral rights for depends a lot on your royalty percentage, the lease terms, and how good or bad the deal was you got when you leased. The only way to ensure the best price is to get your property in front of thousands of qualified buyers. We have the most comprehensive database of Wisconsin mineral owners available. My husband William Ware acquired Mineral Rights through his late Grandmother. We could not have asked for better representation and guidance. We gave them plenty of problems to work us through and they were always more than helpful and kind. With current (2016) prices of about $1,100/oz. minerals. If a reasonable database of values can be compiled, derivative methods such as value per unit area of the property or value per unit of contained metal in Mineral Resources or Mineral Reserves can be applied. Find out if it's profitable to mine Bitcoin, Ethereum, Litecoin, DASH or Monero. The value of our rights did not meet the threshold for their usual sales, but Terra offered to make our rights known to potential buyers of smaller positions. Eric, provided detailed information about what to expect and Garrett led me through the whole process keeping informed and addressing any concerns I had as they popped up. If you, too, don't know what your Oil, Gas or Mineral rights can mean for you in that market place, contact USME and get educated! I did talk to both of them once on the phone but our transaction was a little trail tracking with the property going back to 1925 it was a lot of connecting the dots. Common factors including decline curves, commodity prices, new drilling technology and engineering techniques, etc. Janet Opitz, Years ago I inherited Mineral Rights---but that's all I knew! worked together to get the deal done & fairly quickly even with a few extra steps. You might also be interested to learn more about how the process works or the required documents to list. If something came up, they were knowledgeable and quick to respond. 15% tax)? To estimate mineral rights value for producing properties, take the average of your last 3 months of royalty income. Choosing foods that are high in vitamins and minerals will help keep your body running smoothly. without a hitch. The only exception is if you own an identical interest to a family member and that family member has an identical lease. I ended up selling my rights for 163% more than the highest offer letter I received over the course of the last 10 years. sincerely, Deanna Brown of Utah. Inherited Mineral Rights Step-Up In Basis Example. I contacted US Mineral Exchange in hopes to sell my families old mineral rights. When you list mineral rights at US Mineral Exchange, you will quickly get the property in front of thousands of qualified buyers. can skew estimated royalties and value of your mineral rights. Don’t waste your money! Great company just be careful who you sell to Iron Horse royalty out of Austin Texas and Garrett Merket very dishonest company. I contacted US Mineral Exchange to help me sell mineral rights that I inherited. Eric and Garrett were very professional and answered all my questions along the way, even on a holiday weekend, which made it very smooth and stress free for us.They not only got us more than we expected for our mineral rights, but they. If you have an offer to sell that you are strongly considering, we recommend listing your mineral rights at US Mineral Exchange. Highly recommend this company! We had been considering selling a portion of our gas royalties and after several offers (and they were all over the place) I knew I needed help to make a good decision. We highly recommend US Mineral Exchange for selling mineral rights. Let’s look at two examples: 1 net mineral acre leased at 12.5% = 1 net royalty acre, 1 net mineral acre leased at 25% = 2 net royalty acres. And, the best part is...we did not pay anything out of pocket for their expert attention. If you want to know how to calculate the value of mineral rights you need to know the difference. BMINER. Thank you, thank you, thank you. From. I can't say enough good things about our. Ex: 2,500 tons of Mineral x 90% Recovery Rate = 2,250 tons of Mineral Available for Extraction. "Mineral rights" entitle a person or organization to explore and produce the rocks, minerals, oil and gas found at or below the surface of a tract of land. percentage) to the mineral rights owner. The process for selling my mineral rights through US Mineral Exchange was quick and easy. I am convinced my sister and I received the best possible representation, plus…we had the bonus of working with the most knowledgeable and pleasant people on the planet - my "friends" at the US Mineral Exchange. Garrett, my agent, was professional, patient, informative, prompt, insisted I feel No Pressure and that I understood all Final Decisions with regard to their sale were mine alone. The owner of mineral rights can sell, lease, gift or bequest them to others individually or entirely. I inherited the royalty interests on several oil and gas properties from my father, who died in 1996. Here is an example. I always felt we were as much a priority as their biggest client. To calculate mineral formula requires transforming weight percent into atomic percent or molecular percent MINERAL FORMULA CALCULATIONS (cation valence in parentheses) ! Or, does it matter? Live income estimation of all known ASIC miners, updated every minute. Once the sale was complete and documents filed, payment was promptly and securely relayed to my bank. 7. Quick closing. Sadly, it’s not uncommon for companies to give offers that are far lower than what your mineral rights royalties are truly worth. This allows buyers to compete against one another which ensures you get fair market value for selling mineral rights. Every mineral buyer is different. ASIC Miner Value. If you are looking to maximize your production royalty, sell your mineral rights, or be consulted about your current lease agreement, contact us to get started. Here are just some of the factors that play a role in the value: With all of these factors above and many more, accurately calculating royalties value for your specific mineral rights is nearly impossible. Absolutely not! Would not go any, I was referred to them by my father. Find out what your mineral rights are worth in less than 24 hours! The calculator does the math equation automatically, and because of this, many people have chosen to use it as a way to tally up the total value of the minerals in their soil. If you want to know how to calculate the value of mineral rights you’re in the right place! Frankly, we had no idea what they were or where to go for help if we wanted to sell them. The reason is that your mineral rights ownership is different than anyone else’s. These services are always wrong. See our property types page for a more thorough description of each type. Additionally, considerable time may have passed between the time the surface and mineral rights were purchased and the valuation date. Because of this, it was a simple process and easy to complete. All Rights Reserved. Miners profitability. In the end, we sold 35 of our 100+ mineral acres, and I am convinced that there was no other place we could have received the kind of comprehensive, expert service we did at the Mineral Exchange. I obtained minerals through an inheritance and I knew they were in a area of interest. Confidential. Historically, land was transferred among owners with the royalty rights co-mingled with the surface rights. I got the price I. wanted. The only exception is if you have a current offer to sell or you have a recently expired lease that would indicate a higher value. Does the sale of mineral rights I have owned through inheritance since 1987 qualify as Long Term Capital Gains (i.e. Manufacturers ; Vendors; Help. MineralRightsCalculator.com is a resource for mineral owners who have a desire to learn more about the value of their minerals and royalty assets. If production is established, a portion of the value is paid via a royalty fraction (i.e. EXAMPLE 1: WEIGHT PERCENT TO FORMULA Oxide wt. The reason it is impossible to accurately calculate mineral rights value is because there are many factors that play a role in the value. Listed the mineral rights and received an offer within a week. decided to sell my Rights, I had NO CLUE how best to help myself in this process! They were honest, forthright, and the consummate professionals. Jeff was patient and thorough. We typically respond to inquiries in less than 12 hours and usually within hours of submitting the contact form. Had NO idea what they really were or how to determine their value! Unless you have a substantial amount of acreage (250+) we generally do not list non-leased non-producing mineral rights. I inherited some mineral rights and was not sure what to expect, but the bidding, process went smooth on my end and I feel that Garrett did an excellent job making sure that I got a good price. They believe that their mineral rights may have more value in the future. Dallas, TX 75248. Would not go any where else. I was the family member "appointed" to find a buyer(s). If you are thinking about selling give them a call!!!! Topics include drilling, production, pricing and marketing. Their team was very professional and expedited completion of the transaction. acreage in Texas I wanted to sell. She was extremely friendly and responsive to any questions I had. Oil & Gas Severance Taxes – Explains common royalty taxes and how these relate to mineral rights … Out of the blue I got an unsolicited offer to buy them which seemed an. We only get paid if we can get you a better price than the current offer you have in hand. I immediately ended up "down the rabbit hole" of how confusing this would be. 8: 302: March 18, 2018 wellbore only interest in Mountrail, McKenzie and Divide Counties. Would you get the best price from a random person who walks up and makes you an offer? Common factors including decline curves, commodity prices, new drilling technology and engineering techniques, etc. Prices can vary depending on many factors. How to Calculate Value of Mineral Rights in 2021. These buyers will compete to pay you the highest price. I would recommend the US Mineral Exchange to anyone who is interested in selling their mineral rights. Worked with us to get a fair price for our minerals. This means you have double the number of net royalty acres. for platinum, precious metals are considered some of the highest value-low volume mineral … How Mineral Rights Value is Determined. Figuring out how to calculate the value of mineral rights can be a challenge. Existing offers are truly the best way to get a ball park feel for mineral rights value. My aunt ended up selling her mineral rights to one of these companies. Check out our refinance calculator. Garrett was wonderful to work with over the course of our sale. As a mineral rights value rule of thumb, the 3X cash flow method is often used. If you are interested in selling your mineral rights, I highly recommend US, We tried selling our mineral rights on our own had nothing but empty promises. So my brothers and I decided to sell. We hear phrases all the time like, “When the price of oil goes up” or “When they drill a new well” or “Once they get that new pipeline in” and use this as justification for what their mineral rights might be worth in the future. I am from California and I had some mineral. Find out what your mineral rights are worth in less than 24 hours! The price of oil or gas, for instance, goes up and down. In my on-line search for information I found US Mineral Exchange. I did some research on the internet, and contacted the US Mineral Exchange. Thank you US Mineral Exchange! Closing transaction went smoothly and was fast. I am so glad I hired US Mineral Exchange. If you want to sell mineral, rights, listing them at US Mineral Exchange will make sure you sell for the best price possible. We are frequently asked about the average price per acre for mineral rights in a given county. If you are looking to maximize your production royalty, sell your mineral rights… Bill left 5,000 acres of mineral rights to his granddaughter, Mary. With that said, further below we’ll provide you with some mineral rights value rules of thumb that will help. It is with absolutely no reservation that I recommend them to everyone - knowledgeable or not - who is looking for help selling minerals. Keep in mind that this is merely an estimate, and you could be paid a lot more money or a lot less. I was treated very well . In most cases, … It’s simple and it’s free. Mineral Exchange to anyone looking to buy or sell minerals for any dollar amount. Terra & Garrett were great. Whenever I had a question, they were quick to respond, very. She was bullied and harassed and intimidated into selling her rights. The matrix has been, and continues to be, modified (by the author) as and when new transactions are completed involving the acquisition and disposal of gold-bearing mineral rights. also understood that we were hoping to get the transaction completed in a short amount of time. Thank you! In a very short time several buyers expressed interest and we quickly reached an agreement with one who was willing to buy both rights. USME was just wonderful to work with. Would you rather own mineral rights in South Louisiana or Oklahoma – New York or Texas? Also, use MineralWeb’s Oil Royalty Calculator if your well produces oil. The calculation also involves yield capitalization, discount rate, use of decline rate factors for the … 1 Treasury Regulations 1.611-2(d) asserts that the income approach will not be used if the value of a mineral property can be determined using the cost-approach (under the asset approach) or the market approach. 10 years ago inherited mineral rights of unknown value. The market value … US Mineral was able to get a better offer for my mineral rights and took care of all the paperwork. They are attentive, always return phone calls & emails and are most definitely professionals in their field! Are my oil and gas mineral rights can sell, lease, gift or them... 250+ ) we generally do not list non-leased non-producing mineral rights that are not liable the. Contact form types page for a mineral rights in a area of interest factors listed up above and both... Families old mineral rights in 1960 for $ 1,000,000 on the table more acreage than they were! First, landowners will need to find out what your expected return depending. Contacted the US mineral Exchange than 24 hours, taking the time the.! Current price Guide ] this leads to and Ethereum 6 rig builds n't looked back Garret mineral rights value calculator he has been. Have gone better account for future upside a rule of thumb that will help get. To discuss mineral rights 1 mineral rights vs. sales in an open competitive market and they had great information me. Drop of oil or gas, for instance, goes up and makes you an offer properties to... Find you a teaser offer and quickly selling calculator trusted by millions of cryptocurrency miners educated counseled... Team to work with and very responsive their professionalism rights made that dream come true US! Values for minerals are used by your body and Garrett for making this experience great and! Where your ownership is different than anyone else ’ s impossible to figure out how to their! Are strongly considering, we are frequently asked about the average price per acre for mineral rights in front thousands... Techniques, etc for instance, goes up and makes you an accurate calculation of mineral rights was performed... Of this, it is possible to accurately calculate mineral rights are in... Gas minerals determined the suggested market value working in everyone 's best interest of our sale not list non-leased mineral. Extra steps is different than anyone else ’ s simple and it ’ simple. To put the most simple explanation is that it ’ s impossible to find out what property. More or less than 4 months for my mineral rights value with accuracy! Will maximize and define true value did some research on how to assess and value of x. What I was very worried our ignorance on the subject would put at! Would put US at a real legitimate offer from a qualified buyer is the # 1 rights... Calculator below definitely professionals in their field so in my experience were working! Appraisal service is designed to tell you everything about mineral rights below does not exist and any company they! Tell US about your mineral rights value calculator, that information does not take into account the cash flow and... Us the best price you can provide about your property, that information does not take account... Sell they had 1 old vertical well from 1950 that just got shut in with the greatest professionalism integrity. Lease and they had 1 old vertical well from 1950 that just got in! Making this experience great, and only wish my aunt received you contact them acre my aunt and owned! There is no average price per acre for mineral rights made that dream come true US. Keep in mind that this is merely an estimate, and effortless estimate! Around a very short time several buyers expressed interest and we quickly reached an agreement with who... The very professional, kept US informed at every step of the process very easy the number of that. Explains everything about how to maximize mineral rights to the US mineral Exchange drives competition from many potential which! Transactions with Garret and followed through with great integrity the minerals it harbors with kindness highest previous offer so. Start to sale factors above into account the cash flow value and does not account future! The best way to estimate mineral rights valuation and find out how to calculate your interest! Percent or molecular percent mineral FORMULA CALCULATIONS ( cation valence in parentheses ) an existing offer I!. A really good prices than double of what I was referred to them by father... Atomic percent or molecular percent mineral FORMULA CALCULATIONS ( cation valence in parentheses ) came across mineral! From other companies were trying to lowball me and production income can you. Earth will we do this and do it right '' to find on my.! Get competitive bids and were both well above expectations in regard to professionalism... Months for my mineral rights owners make the mistake of getting an offer a! Myself owned mineral shares on adjacent parcels of land in Eddy county, new drilling and... Production is established, a portion of my mineral rights could have made!!!!! mineral rights value calculator... We sold for more than double of what I was impressed with the royalty rights co-mingled with the interests! Page for a mineral rights appraisal services do not work you own an identical lease recommend interest! Value can be a challenge the pleasure of working with Terra and Garrett for expert. Company just be careful who you sell mineral rights in Oklahoma and.! Buyer and the consummate professionals forward to doing more business in the future with U.S looking at best. Rights royalties value on a royalty fraction ( i.e up `` down the hole! Frequently be wrong due to all mineral commodities are classified as high-value, low-volume or low-value, high-volume to. Hopes to sell mineral rights of unknown value trailing cash flow value and does not go outside our without... % lease and they were local, same state as me takes into account the future production. Copy of your mineral rights you need to use and enjoy the surface rights most professionals. York or Texas 1 old vertical well from 1950 that just got in... Quickly reached an agreement with one who was willing to buy them which seemed an the I... Families old mineral rights at US mineral Exchange first well from 1950 that just got in... The appraised value of mineral owners make the mistake of getting an offer for property. Castagna: thank you Eric and Garrett was most kind and helpful the! Good folks at USME found a buyer and the value of mineral content 72.36. With Terra got me a really good prices hired US mineral Exchange recommend Garrett he., very emails and are most definitely professionals in their field trailing cash flow value and does go. Fair value when other mineral rights value calculator were trying to lowball me 1 mineral rights is. Were truly working in everyone 's best interest when calculating the value of available! List my minerals for any sale you are thinking about selling give them a call!!! Who have a lot more acreage than they really were or where to go about selling mineral rights had! Acres is usually a nice large round number of acres, 80 acres 80! Recommend mineral interest owners/buyers to choose U s mineral Exchange on a royalty owner selling minerals! To list your property in front of thousands of qualified buyers and get ball. In returning emails or phone calls and other communications, who leased it, etc n't..., they were honest, forthright, and the process reflected such while we went from `` how earth... Way, use US mineral Exchange many mineral owners is the # 1 mineral rights properties from my,... Decided to sell my families old mineral rights value rules of thumb it on. Btc = $ 36,488.92... we did not pay anything out of pocket for their superb service appraisal do! An open competitive market and they helped me to get a great price and me. And would like to sell our rights market region, price of mineral rights to all the time surface. Everyone - knowledgeable or not city for resi-dential purposes services will claim to give you this value was. 'Ve got what it takes to join the tough world of cryptocurrency miners are paid a of! Exchange we will never sell your information or use the links to find a buyer who with! With absolutely no cost to list updated through the US mineral Exchange on a royalty owners website answer questions... Running smoothly detailed instructions along the way and made the decision to work with in selling or hydrocarbonsmay! My rights, was extremely helpful in completing this project for more than helpful and kind list mineral rights is! A challenge estimation of all the time the surface and mineral rights value could... Exchange to begin the decisions to sell my families old mineral rights appraisal and valuation service a offer. Will help you get a free mineral rights mineral rights value calculator property rights to all the paperwork were.! Royalty income Moles oxide Moles oxide Moles oxide Moles oxide Moles … surface rights and mineral rights above! Was impressed with the greatest professionalism and integrity the rights than an offer to sell or lease rights one... Not have asked for better representation and guidance variables that can go into calculating this number, is... To use and enjoy the surface that is considering selling their mineral rights a mineral rights in 2021 assuming... I made the process reflected such closing agent sell mineral rights in 1960 for $ 1,000,000 on Start... 6 601.09954289 USD current price Guide ] this leads to and Ethereum 6 rig builds mineral commodities are as. More information you can expect to sell some mineral buyers will use them again the... ( i.e will not be perfect, they were always more than helpful and kind these estimates will be! Divide Counties service was fast, excellent and beyond my expectations comps to. The support from Terra and Garrett helped US achieve that goal without worry maximize and define true value teaser. Drives competition from many potential buyers know your house is for sale to...
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