Ann: Quarterly Activities Report, page-13

G'day greenback25.  I hope many who are teetering about their existing holding, or are considering buying, take a good read of what you have just posted.  Good on you for doing that. I hope others will make comments on what you have raised.
I recall you once posting that you were a patient holder and happy to wait but not die of boredom in the meantime.  I'm confident in saying that that concern will not eventuate and that there will be much on the plate this year to prevent any boredom setting in.
I reckon that Dugsab can tell us a lot about Georgetown!!!  But, I agree with Towie, that it "should" still be on LNY's radar, because Charters Towers is certainly a great immediate solution for a very quick cash flow to set the company up, but, it does drain into the share that has to be given to Maroon to cover what will be their high transport costs.  LNY doesn't directly have to pay for anything, apart from the legal processes, with that agreement, but, Maroon does and they won't be doing that as a kind gesture to LNY.

In all honesty, I feel that I must say something about "some of us even sitting on a profit".  IMO, that will NEVER happen to those who only hold Renison, pre-consolidation, shares.

The ONLY way that they and others will make profits will be if they have been buying LNY shares at these low rates.  A million shares in Renison that would have cost on average at that time around $6,000, converted to 3,333 LNY shares, which, at today's price of .005 are worth $16.65.  
I, honestly, hope that people who are still interested in LNY's future and are still only sitting on pre-consolidation shares, consider buying at these prices to at least give them a chance of making some return on your LNY shares, but, forget about ever getting anything more than a few% back from those others.  But please DYOR , I'm not in any way giving an opinion about the future prospects of LNY's SP, I just think that they have a very interesting and active year ahead of them that could impact positively on their SP.