Ann: Annual Report to shareholders-LNY.AX, page-4

Hi all,

Take the time to digest the full annual report as it is filled with lots of positives to take out for the future.

From what I have read and scanned through I am not disappointed in fact I am more secure in the knowledge that in my view we have a future - a possible good and very exciting future.

The LNJV Gold Project requires the MLA - yes that is a point that is being dealt with - that is a fact so all we can do is sit patiently and wait along with the final resolution of the outstanding agreement of the estate or lands title council decision on the level of payment.

We are moving forward which is important.

We defiantly have a lot of substance within the AR to work with.

I realise their will be negatives that can be found in any report and this will hold no exception with investors reading into it from their point of view - remember other will have their ulterior motives.

DYOR and make your own decisions on your investment future.

As for myself I am a LTH

Note: Dugsab any thoughts that you can share with the forum

Regards

Red Adair