It's a paradox for me Towie as, despite what I am saying about S.B., he was and still is the major reason why I bought into Renison and was prepared to take a 98% capital loss to stay in LNY. And have bought many more since.
He IS the company and could walk away and take it with him tomorrow if he likes and most certainly could have done that with Renison and we wouldn't be here now.
But, he's had MANY YEARS to get Agate Creek into production and granted, this is as close as we have been, we still have no idea how close!!!
Just for interest and this "should" have absolutely nothing to do with LNY as Agate Creek is completely non-disruptive re Native Title issues, no sacred sites etc. But, those other issues that you mention "could" be relevant, but, IMO, won't be. Let's see there.
But, the actual land owners, who conduct that tourist business waited FIFTEEN YEARS to get the Native Title Agreements with the Ewamian People.
I repeat, this is not apples and apples and people should not read too much into it, but, to many, it IS an issue and certainly would be keeping them away until LNY has that agreement AND the ML. Until then it's really got nothing and getting further diluted and deeper in debt.
LNY Price at posting:
0.4¢ Sentiment: None Disclosure: Held
