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Why we should be excited, page-34

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good2no

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16/10/18

21:23

Post #: 36147189
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Originally posted by gassed ↑

Towie.
This agreement with Maroon Gold, should be the next major step for us shareholders to finally be seeing that 381,000 ounces of gold being turned into gold ingots!!!
And that is from just 10% of the Agate Creek project. That's over $640 million in what has been described as a simple, shallow, mining operation. THAT hasn't changed!!! And the other 90% is very promising.
The last steps are the agreement with the Traditional Owners, which we are annoyingly told is "near" to being finalized, which will trigger off the granting of the vital Mining Lease. Due to that CR in June and the promised interest free loan from the Maroon Gold deal, the funds required for immediate satisfaction of the statutory charges and compensation are in place.

So, if we went back to our mindset when Laneway was created and again accepted that management have had their reasons for doing the last three years the way that they have (I'm sure it will all eventually come out in the wash when everyone is smiling and happy) this is as close as we have EVER been to achieving that goal that the new Laneway promised. That cannot be denied.
Sadly, those three years have created cynicism by the lack of transparency and inclusion with shareholders, but, @ .004 this could be a far better bet than we thought it was in 2015.
Still like to see Dugsab's comments.

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What about NZ operation?

LNY Price at posting: 0.4¢ Sentiment: Sell Disclosure: Not Held
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Why we should be excited, page-34

The Calmer Co’s Anthony Noble reflects on record breaking FY24

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Why we should be excited, page-34

Top Stories

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