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0.6¢ laneway resources ltd

Hi Gassed I did ask this question of Vaughn before he left. His...

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towie

30,381 Posts.

122

05/12/17

14:46

Post #: 29387060
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Originally posted by gassed ↑

Laneway was formally advised during the June 2014 quarter that JKO Mining had been placed into voluntary administration. Laneway is in discussions with the administrators in relation to amounts owed by JKO to Laneway which total approximately $400,000 plus royalties owed to the Queensland Government. Laneway is also in discussions with parties interested in the assets of JKO with an intent to utilise Agate Creek ore in any possible re-start of the processing operations.

Schmoove. This was their share of the 5,000 tonne test sample from Agate Creek that they keep talking about.
Just makes me question what safeguards they have in place to ensure that they aren't dudded by EOPL when they start processing ???(who knows when?)

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Hi Gassed I did ask this question of Vaughn before he left. His comment was that Laneway will make sure that they have control of the funds and pay the government taxes. more sales at .003 cents today Cheers Towie

LNY Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
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