GBG does have the Shine royalties from MGX which at current IO prices if MGX where shipping shine right now(they arent)would be pretty decent.
Once MGX have the shine organised and shipping it will be a good little money spinner for a little while presuming the IOP price stays here or better.
From memory i think it was 20 cents per dollar over $115 Aus per ton(currently about $145ton aus). so every $5 per ton over $115 MGX makes from shine is $1 for GBG. that would be about $360K per ship and GBG would of done nothing.
for royalties that would/is pretty good. now just have to wait for MGX to start it moving.
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