LNY 0.00% 0.6¢ laneway resources ltd

Ann: Final Mine Design & Grade Control Drilling at Agate Creek, page-9

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  1. 13,065 Posts.
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    Tomato69.  The TO agreement IS a big deal.  It has SO FAR already taken 12 full months and it still hasn't been formalized.  The signing of the TO agreement is definitely "material".

    As I posted, sharehgolders still have to absorb several other issues before they can even start thinking about income and costs.  I;m sure that most shareholders who have held for so long have long lost their "wishful hope point of view" and now just want to survive the whole waiting process and be there to see the first clod lifted.  I have no doubt that they all have a "logical view" after some having waited over 10 years.

    My point still stands, this is the closest we have been to seeing that long awaited day, BUT, we still have no idea when that will occur and knowing management, we will be last to know. 

    The results of those 51 holes is, frankly, of more interest to me to see what they add to the resource, especially, being very shallow and hopefully as rich as the others. The economics and investment value will come later as I don't think after all of this time that they will be selling around .004!!!

 
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