LNY 0.00% 0.6¢ laneway resources ltd

Ann: Quarterly Activities Report, page-134

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  1. 13,065 Posts.
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    Dugsab, I am not "getting geological" I'm just quoting directly from the 2016 Annual Report. They are not MY words.
    And, as for numbers, the ONLY numbers that people should consider are the JORC figures, also in that AR of 381,000 ounces from 8.2 million tonnes.
    Dugsab, you are becoming infamous for making statements and then just challenging the questioner without giving a reply.
    You have made TWO extremely important posts that could be grossly misconstrued and all I'm asking is for you to clarify and substantiate them for those readers who often rely on the validity of your posts.

    First, you stated that you have spoken to an important representative of the Ewamian Peope, even though you have not given her correct name of the only person who would have any serious understanding of the status of the TO agreement, in the context of the granting of the TO agreement and the ML. Now, the timing of that alleged discussion is critical, was it recent or back around November 2017, when the representative of the Ewamian People ceased speaking to anyone as she had referred the matter to her lawyer in the NQLC? Can't you see the obvious difference??

    And as for YOUR numbers, how can you possibly extrapolate very serious numbers from just 5,472 tonnes "from(quoting that 2016 AR) a high grade pod", into 200,000 tonnes.
    The company itself states quite categorically from their JORC assessment that those 381.000 ounces come from 8.2 million tonnes, surely telling all of us that the sample of 5,472 tonnes is an extremely exceptional "pod" and certainly not consistent with the rest of the property in question.
    At 300,000 tonnes p.a. that we have been told in what's on the public record, that's 27 years of processing at an average of 16,000 ounces of gold p.a.
    Your numbers and words are grossly misleading.
 
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