i go out for 5 mins and up she goes!! i wish

The Australian posted this afternoon:

http://www.theaustralian.com.au/business/latest/carnegie-pockets-gold-royalty/story-e6frg90f-1226883955021

Carnegie pockets gold royalty
STAFF REPORTER APRIL 14, 2014 3:45PM

Carnegie Wave Energy has pocketed $950,000 in royalties from its tenements in the Higginsville Gold Operations being operated by Metals X Ltd.

The royalty interests stem from Carnegie's previous life as a minerals exploration company in the 1990s, prior to its switch to the renewable wave energy business.

The payments, which remain "uncertain" and depend on a "number of variables", are earned with no expenditure by the company, Carnegie said.

Under the royalty, Carnegie receives a cash payment for every ounce of gold extracted.

Carnegie shares were up 0.5 per cent, or 2c, to 52c, at 11.37 AEST.