quarterly activities, page-30

Hi guys,

Here's my 2 cents:

Zmans, the diff between PTY LTD and Limited is that Limited denotes a public Co while the other a private Co.

Cobyau, I agree with Bugs. You got an answer to your question but that does not mean that that HAW does not owe LCY money because they DO.

The only reason why this matter has not been put to bed as yet is because I believe that the extra that HAW owes will be used in offsetting the purchase price of MB.
It's very clear that HAW's directors are trying to hold on to every cent pending the outcome of the negotiations.

And this brings me to another point.
I understand that a HAW director mentioned at their AGM that LCY has not been in touch with them for quite some time.
What a load of bull!!!
Funny how today's LCY's quarterly clearly states that negotiations with HAW are continuing.

Well someone is talking rubbish.
Let me guess who might it be.

The only possible explanation (a sneaky one at that) would be that HAW is not talking directly with LCY and all negotiations are going through a third party like Azure.

Another discrepancy is with regards to the DSO.
HAW says that there is very little there while LCY that there's heaps in there.

Again, someone is spinning crap and my guess is that it's not LCY as I have personally spoken with our geo at the last AGM.

That's just my 2 cents worth.

Good luck to all.