I agree Dugsab. Rather it be washed through an issue of shares...

I agree Dugsab. Rather it be washed through an issue of shares than continuing to rack up debt to S.B.

Now 20MillNoLess77. Re your question about the drill test results.
Remember that we are dealing with LNY here. They hate spending money on ASX anns. Remember also that THEY said this on 30 November 2017.
• Diamond drilling commenced yesterday with the hole late yesterday at 5.5m - the hole is expected to reach its target depth of 800m before Christmas."EXPECTED".

They have NOT substantiated that the drilling HAS BEEN completed. We have assumed that the 42 million buy on 4 January "could" have been related to the core samples. But, just inferring (and probably hoping).

Now, we all have experience with LNY's policy that they do not make INTERIM announcements. So, it is wrong to conclude or infer anything with this company. So, what's changed??
Let's just go on what we understand, but, not substantiated, that drilling had commenced and that core samples have been delivered to the analyst, but, we don't know how much of that 800M is involved.
We will find out sooner than later, with probably "something" in the 31 December QR around 31 January.
Meanwhile, we are just guessing, so, until we get LNY's ann, we can only keep reading any smoke signals from the market.

Sure it's frustrating, but it won't go away, they must tell us something, but, sadly, in their own time!!!"