Hi Gassed I think that he is being sold SHORT . He is not in a position of enough power to bring the T Owners to agree at the Table. ( To talk on the political side The MABO Agreement meant to be for Islands Offshore Australia was ACCEPTED As LAW for the Whole Of Australia) As I see things the TO want guarantees re Employment houses and other Bonuses etc to make an Agreement . LNY can not agree to this as they Do Not Own The Georgetown Plant and have no say in its operation. A Question that crosses My Mind ( After a Few REDS ) is How will the Georgetown Plant and their company survive without LNYs Ore .Someone mentioned last year that The Plant MAY come up FOR SALE at A BARGAIN Price ( Maybe it was ME ) If this was to happen then S Bissells company would be in a position to float a separate company to BUY The PLANT. Yes I would try and find the funds to help do this. I am too deep to Abandon The Ship at the moment . Looking and HOPING for something good from the company Cheers Towie Time for another RED
LNY Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
