Hi Red Adair like yourself I have followed/ been a shareholder...

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31/07/20

06:10

Post #: 46200824
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Originally posted by Red Adair: ↑

Docmin24,

Good post.

Your correct most of the LTH if not all would have at some stage in their holdings would have been frustrated and annoyed at management.

We were completely left in the dark with very little communications - There was a complete lack of understanding and there was very little thought seemingly given to the investors.

Investors appeared to be held in contempt which was not the case.

I have considered your comment on a T/O. With last year in mind and where they were a T/O was never on the cards in my view. They clearly knew what potentially they had in hand but importantly it obviously needed further proofing up which they did in spades with more to follow.

I don't think that Covid 19 had anything to do with it - That's another story not for here

As for any future likely T/O as you mention well they are in a much better position now then any time in the past but it is only my view that wouldn't occur yet.

What is really interesting is that the Top 20 hold 61.53 percent of all shares which is an extremely strong position to hold. And we O/all the rest of the investors holding the remaining shares 38.47 now that is something that makes me happy.

I believe they do have a Master Plan or should I say Master Play which will unfold in time - I am intrigued by them and not in love with them.

No doubt it will benefit them and importantly us too.

Offers come along but many are only dime a dozen but when the right offer comes along it will appear and BODs will know - that's if it does come along and may I say what are the aspirations with the Board and SB who knows but I would love to be a fly on the wall in their boardroom.

I decided today after a number of years holding and waiting for the right time to leap in further - I felt it was the right time to invest in this Company further in doing this between the various Portfolios that we hold we brought an 8 figure amount of shares.

The most recent ANN was simply to good to resist and I realised owning more gave the ratbags and Companies that are out there playing games have less to play with.

I have studied this company and their directors and associates for years and in amongst the many negative comments and views I felt there was something within Laneway that just sat comfortable with in saying I hope that I am right which is all one can say.

We are possibly onto something quiet large - no spectacularly large that we don't no about yet.

One thing I do know is Gold is doing really well and is on a steep climb which will only help.

What I like about Laneway is they have diversification in their Portfolio - This could be a standout investment but it depends on what the BODs have cooking up.

One thing I know their not going to be left out to dry and considering this I like where we are.

Good luck with doing your own research and investment choices.

Regards

Red Adair

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Hi Red Adair like yourself I have followed/ been a shareholder for 5+ years, it has been interesting to watch the company evolve from explorer with potential 0.1 - 0.6 cents, negotiate a mining license receive the license test mine up till this time.
During the above period communication has been famously sparse. Their and our patience appears to be coming to fruition for myself I was significantly invested and free carried last year. For any newcomers (or like yourself ) being able to enter the company at these prices bypassing five years of waiting is a great opportunity.

LNY Price at posting: 1.0¢ Sentiment: Hold Disclosure: Held
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Hi Red Adair like yourself I have followed/ been a shareholder...

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Hi Red Adair like yourself I have followed/ been a shareholder...

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