LNY 0.00% 0.6¢ laneway resources ltd

Welcome back Paul.  Yes, much progress with the key at the...

  1. 13,065 Posts.
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    Welcome back Paul.  Yes, much progress with the key at the moment, the Mining Licence, IS being processed by the Dept of Natural Resources and Mining.  IMO, just a formality, but, WHEN will management tell us when it's granted?  Thanks to Kcof, some of us are following it on this link and will post any developments.


    https://myminesonlineservices.business.qld.gov.au/Web/PublicEnquiryReport.htm?permitType=ML&permitNumber=100030


     Now, none of us should go to Christmas not knowing what MIK stands for and losing sleep over it, more likely from too  many reds, so here it is, I'm sure that it will make everyone's day.

    MIK means   multiple indicator kriging  and kriging means   In statistics, originally in geostatistics, kriging or Gaussian process regression is a method of interpolation for which the interpolated values are modeled by a Gaussian process governed by prior covariances!!!!!.


    Now, doesn't that explain why management has been so quiet with information? THEY'VE been trying to work out what that all means, if it's considered by some (one) to be so important and didn't want to show their ignorance.  Yep, it's made my day, those reds are going to start much earlier today Towie!!!


    Happy Christmas to all of you loyal (??) and extraordinarily patient co-holders and posters.  

    Roll on 2019!!!!!    GOODBYE Market Cap $10 mil!!!!!!

                     
 
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