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22/03/23
18:23
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Originally posted by red-frog:
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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.
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Current management will no doubt come back to that not-insignificant nugget of potential, post Africa. Austsino has some significant interests - should they pay off.