Ann: Increased Resource at Ashford Coking Coal Project, page-15

20MilNoLess77. I've heard that sort of story about 100 times over the years!!
Tell us, what's happened with that company since it "bought into lithium and gold"?
Those 100 that I've heard about ended up making huge dough for management with their fees and salaries for lavish lifestyles, but, nothing else. I hope your's is a fair dinkum one.

As Cudeco states, LNY will stay in gold or coal, until they either sell one of them (coal) and have someone like EOPL mine Agate Creek, eventually. If they suddenly went into lithium, I'd be out in a second.
Unlike those other 100, this management is on comparatively modest salaries and "consultancy fees" but, I reckon that after 15 years milking this thing, surely, IF they are fair dinkum, we should be seeing something in return for shareholders.
Frankly, they are not stimulating much enthusiasm at the moment.

What do we have that IS documented. Dugsab has produced the quotes from the June and September QRs from which he rightly concluded that at least as at 30 September 2017, the milling plant had not been completed but expected to do so "before the end of 2017".

I have spoken to a dozen people in the Georgetown, Forsayth areas and I now have 3 who DO know the plant who say that "they saw work being done on it a few weeks ago, but, nothing has happened since then". Very inconclusive, but, if you drew a very long bow, you "could" deduce that maybe that "few weeks ago" ties in with after 30 September??

We have also seen in the Newsletter of the Ewamian Aboriginal Corporation that manages all their Native Title matters, that at least up until the end of September, early October, there is no reference whatsoever of any negotiations with Laneway, while they do mention others where they are having and concluded some dealings and have named those companies involved.

So, what REALLY is happening? The only trades that we see are big dumps @ .003, but, granted, all have now been picked up. Very ambiguous, at best!!

Yes, for mine, they are only riding on trust, based only on S.B. no pulling the pin with Renison and keeping us in the game, albeit at over 90% losses on our original punts on Renison.

Going to the AGM might be the only chance anyone gets of at least shedding some light on all matters that are in doubt. Just hope that someone goes.

Just a thought, who thought that that announcement re the so called upgrade at Ashford was more worthy of an immediate announcement than when they settled with the Terrys?? Maybe our new Director might be prepared to have the company become a bit more open???