LNY 0.00% 0.6¢ laneway resources ltd

Morning 20Mill, All we know is: "The Mining Lease Application...

  1. 1,991 Posts.
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    Morning 20Mill,

    All we know is:

    "The Mining Lease Application (MLA 100030), which covers the high grade near surface Sherwood and Sherwood West Prospects, is still awaiting grant. This is expected during FY 2018." 01 Feb 2018

    However, also advised on 01 Feb 2018:

    "Assay results expected in the next few weeks." 01 Feb 2018

    Then we get this on 15 Mar 2018:

    "Assay results are expected in the next few weeks." 15 Mar 2018

    I repeat - It is as if they (BOD), are goading us!

    Stephen Bizzell is an Executive Chairman, the only/sole/exclusive executive director in LNY.

    Accordingly, he has the sole executive responsibility for running the company’s business. I trust he is hands on 38hr per week.

    All other officers of the company are non-executive directors (NED), and we have three (3) of those, all earning their director's fee.....for doing what, I'm not sure.

    It's only a rort if you're not in it !!!
 
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Currently unlisted public company.

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