Ann: Georgetown Project Acquisition Financing and Ops Update, page-96

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Brady1

184 Posts.

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29/08/22

12:54

Post #: 63382201
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Originally posted by docmin24: ↑

How’s everyone’s options going!!! Will remain worthless and lapse in next 3 weeks. Great move LNY, NOT, this demonstrates how this company respects and rewards its LT retail holders imo. Just such a bad look which urgently needs to be improved if the company wants to increase a more positive supporter base.

While on the opposite side of the fence the lucky few earn 8% and now increasing to 12% with loans, longer option periods for directors etc, while LTH’s continue to be forgotten about and get not a lot apart from a rare CR opportunity and stagnated SP for past decade and unacceptable options time frame.

Apparently I read that this is the last time for cheap shares lol. Sorry Towie I think this record has been well and truly been played, must have so many scratches on it by now mate, lol. Good luck to you.

I honestly can’t see SP rallying over 1c in ST/MT even when a small amount of gold processed this year as the wet season will have an impact imo. Then the consolidation imo will see a concerning retrace of SP due to these factors. I must be one of a very small group who see this happening.

I just can’t understand the rush of this consolidation. It will have a negative impact due to company’s history. They have to change sentiment first with results prior to doing this.

I would have waited till Q2 in 2023 and when cash is injected and NZ on cusp of actually happening. The Georgetown area in my opinion will not be as lucrative as Agate area. Big area and requires an expensive drilling program to increase poor grades presently of 1-3G/T. Will not support consolidation imo.

Surely an aggressive drilling program of both Georgetown, NZ and production of Agate after the wet season would have been the right time to do this consolidation. I am so against this timing, as I have so many shares which makes it too difficult to sell prior for a profit. This is my biggest concern before consolidation destroys my investment imo. I would have to wait over a year to recover. Just wait and see as many of you supporters clearly don’t understand my concerns re this timing of consolidation.

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Hey mate 1-3 grams per ton with no transport would be just as good as 5-6 grams per ton ,in my opinion They should be focussing on drilling the leases closest to mill .maybe thats on the cards time will tell

LNY Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
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Ann: Georgetown Project Acquisition Financing and Ops Update, page-96

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Ann: Georgetown Project Acquisition Financing and Ops Update, page-96

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