I am well aware of the negatives....only 12 shareholders can feel more disappointed.
I prefer to focus on the positives:
1. NZ assay results expected in the next few weeks....and the 2nd, deeper sample to follow.
2. 5 year consolidation of Agate Creek tenures.
3. Mining Licence "expected during FY 2018".
4. Wet season ass covering - see my previous post, re wet season data....make your own educated investment decision.
5. Laneway have received several offers for potential toll treatment of the Agate Creek ore which are currently being reviewed.
6. Ashford done & dusted - pay and the pain goes away (on the books this 1/4).
7. Additional Projects and Joint Ventures are also being reviewed.....ho-hum!
8. Utilising an existing processing plant will significantly reduce the capital expenditure and time to first gold production....just not sure which plant
9. "Several processing options are available and given the simple shallow open cut nature of the orebody, only minor mine planning and infrastructure is required prior to the start of mining ML Application."
10. NZ - a 5-year Extension of Duration (EoD) was recently granted by NZP&M over the Owharoa EP 54216.
11. NZ drilling - drilling, logging and selective sampling of the drill hole to 790.8m has now been completed with samples sent off in 2 assay batches.
12. NZ planned exploration - "all approvals are now in place for this drilling and it is expected to start in the coming months."
13. Lots of goodies re Ashford.....but not convinced about haul-road.....ho-hum!
14. Why is the participant of the recent placement, (deliberately) remaining just outside the 5% substantial holding threshold - 161,066,072 shares at $0.00333 per share raising $ 536,350.....transparency?
Just my first take, will review critically in detail tomorrow.....
LNY Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
