A few weeks?, page-81

First 81 Last

Share
Profile

Follow
towie

30,381 Posts.

122

11/04/18

16:57

Post #: 32384044
Share

Originally posted by gassed ↑

I've been up front with this forum and have posted everything that I have ascertained from my own (many) enquiries.
I want to go on record this time that I am only posting this strictly on the basis that I am just the messenger and none of these are my words. Everyone can interpret it whichever way they want. I'm just the messenger!!! I have not been able to substantiate it from any other source.

Yesterday I spoke directly with Denis Reinhardt and asked him those simple questions that we are all waiting to be answered by management. Is the plant ready NOW to start processing and doing the actual mining IF the ML was granted. Does he know anything about the TO agreement?

That's all. Denis replied immediately to my first question that he understood that management "was making progress" with the TO agreement but could not put a time line on it.

The plant is definitely ready to go and so would the commencement of mining.

But, he said that it was entirely up to Laneway to determine if the agreement with him would continue and if his mill would be chosen and that I should call Scott Hall at LNY to find out those answers.
I have not contacted Scott Hall, or anyone at Laneway as my numerous contacts have all ended the same way and I'm not going to waste any more time trying.

But, if people are interested in what Denis said, they should ring Scott Hall themselves and you just never know, you might get an answer this time.

Again, take whatever you want from that, but, please don't shoot the messenger.

I am continuing my enquiries through other sources with whom I have a good relationship and if they are able to ascertain anything they will let me know and I certainly will post immediately.

My take on this at the moment is that both the TO agreement and the ML are relatively VERY simple given the circumstances involved, so, surely, IF management are fair dinkum, these last two "hurdles" should not cause any undue delay.

Expand

Hi Thanks for your efforts Cheers Towie

LNY Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

There are more pages in this discussion • 19 more messages in this thread...

First 81 Last

Add LNY (ASX) to my watchlist

A few weeks?, page-81

Top Stories

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

Featured News