I jumped into RPT yesterday not because of all the ramping on this site, but because I went back to the old announcements (people should do this often)..
Not much has been reported on the royalties from Palladins mine in Namibia... Something that is worth a few hundred thousand a year for the life of the mine for RPT.
Also the reserves at Maitland are estimated in situ at $400 mill (if my calculations are correct). Hopefully one day they will be allowed to mine. And who knows what they will find in S.A..
One of the very few U players that have proven reserves and not just an explorer looking for good luck....
That is why I bought....
Cheers to those who hold...
RPT
redport limited
I jumped into RPT yesterday not because of all the ramping on...
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