LNY 0.00% 0.6¢ laneway resources ltd

A few weeks?, page-24

  1. 13,065 Posts.
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    Good on you Dugsab. Those technicalities aren't too well understood and are still "issues" and possibly, THE issues that have delayed this entire process.
    While the commentary re EOPL seems to be centred around the mill, their proposed deal also includes the actual "mining" and transport to the mill, THE USE of the land.
    So, that ILUA, the operative word is "use" and LNY will be contracting all of that to "someone" else, at this stage, we still believe that to be EOPL. So, it's not unreasonable to think that the actual "user" would need to play some part in the granting of the ILUA.
    As of today, none of us know if EOPL are still involved and can the mining and the milling be separated?
    So, in fact, the granting of the ML is most certainly dependent on the signing off by both LNY and the TOs for the registration of the ILUA and that involves the mining and transport. Who is going to do that and what is their liability towards the ILUA?
    These are vital questions and without answers, we are all flying by the seats of our pants and how can we expect anyone to be investing in this company without all of those vital answers?
 
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