Page 6 of the quarterly says the ML will be granted once final...

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20MillNoLess77

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12/02/18

18:13

Post #: 31002463
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Originally posted by gassed ↑

G'day Towie. That old adage has stood the test of time, but, our management seems to prefer a watched pot never boils!!

Seriously, this is a much better bet than when I first bought in and at a much cheaper price. They are far more advanced and I genuinely believe that all that's "wrong" is that management have been pretty slow to get the vital factors stitched up and, naturally, I suppose, haven't kept us shareholders RIGHT up to date with progress and any developments.
Those NZ results "shouldn't" be too far off, at least we know that they are all with the assayer and the TO Agreement is at least "on the go".
The processing is a worry though as there is genuine doubt all over it and is further complicated by management seeking alternatives (to the milling, but, what about the mining?).
Those concerns are keeping the SP down where it is as it is a genuine dilemma and no one is game to either buy or sell in any sizeable numbers, albeit that there seems to be reasonable thoughts that at least one person is possibly "playing games" with the market and DOES have a bundle that he can dump at any time, but, most likely @ .004, not, @ .003.
Am "happy" to wait as I still reckon that it's a "when" not an "if"!!

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Page 6 of the quarterly says the ML will be granted once final agreements with TO is reached regarding, quote.."compensation, employment, training opportunities".. Ok so we started late on that, but it is hardly a sticking point. Let's get that sorted this month!.
Processing plant, that's something I will ask about.
I hope we are closer to getting through this last TO hurdle, at least so the next quarterly has real action in it!

Last edited by 20MillNoLess77: 12/02/18

LNY Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
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Page 6 of the quarterly says the ML will be granted once final...

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Page 6 of the quarterly says the ML will be granted once final...

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