I used to be a holder of GPN/PDY around 2003 to 2014.
GPN used to hold the Riverina Gold Project and sold it but retained a royalty on any gold produced. Since then Riverina has been through a few hands and currently OBM has the ground.
It may be worth a current holder asking management whether the royalty still exists. They probably wouldn't even know about it, but it could be worth checking into as OBM may soon start mining Riverina.
I don't remember PDY extinguishing the royalty and maybe it had a time limit so doesn't still exist.
Back in the day GPN also had a royalty on a herpes treatment of all things! I don't think that ever made it to production.
ANS Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held
