Thanks Gassed - much appreciated - I thought it may have been...

Thanks Gassed - much appreciated - I thought it may have been something like that though I do not know

how they are aware of the gpt of gold in the ore - what comes out from the processing is a matter of fact

and is what is sold which is what we are interested in with this initial 100K tons of ore.

A couple of comments about the Qtrly Report which I also think is a good one - they say that from the

Agate Creek processing "Laneway anticipates achieving material positive cash flow" and concerning

the Ashford coal project " Laneway sees considerable shareholder value creation potential" from it.

The words MATERIAL and CONSIDERABLE in those 2 statements makes the report a pleasure to

read.

On another point and not necessarily for yourself to answer, I am interested to make a rough assessment

of the cost of hauling the ore as part of the processing procedure and I am hoping that someone who

reads comments on this site may be able to assist.  Does anyone know the likely trucks which may be

used for this purpose and if so, the size in tons of the load they can carry.  I understand that the trip to

Charters Towers and back is about 1200 to 1300 km and takes about 8.5 hours each way.  If the truck information

is available a simple back of the envelope calculation can be made to assess how significant that cost is

in the total to be paid for processing.

I do not expect any significant upward movement in the LNY SP as a result of the granting of the ML as

I think all involved now expect that to happen but I think the GPT achieved from the first gold pour will, if

good or hopefully excellent, be the start of an significant upward movement which I hope to see.

A good or hopefully high GPT is important.   If it is good then at the end of the processing they can

negotiate an extension of the arrangement with Maroon (assuming they have more high yield ore readily

available) and give themselves time to hopefully progress towards doing the processing on site.

Comments from anyone who has any helpful knowledge are welcome.  tman