Tman6571. Laneway has been working with full cooperation through land use agreements with the Ewamian People and the Ewamian Aboriginal Corporation for over 10 years. The Ewamian People raised no objections to the Mining Lease Application that was lodged in February 2015. There is no "conflict" with the Ewamian People. Given that, I reckon that there must be very good reasons why we have this delay, but, not concerned about the TOs attitude.
I reckon that Management knows how VITAL reaching this agreement is and to obtain the Mining Licence. I am content to leave all of these negotiations in the hands of management and as frustrating that it is, especially with no progress reports, the granting of that Mining Licence will certainly be a transformative outcome for this company. Been waiting this long and prepared to wait for that outcome.
In saying that, anybody who can get to the AGM in Brisbane in late November should most certainly grab that opportunity. Hopefully, we will hear "something" before then. But that would be a bonus.
I also take comfort in seeing those large blocks of shares @ .004 as I see the glass half full picture there that "someone" wants the SP to not fluctuate too much and create a "speculative" market while negotiations are still taking place and may, in fact, represent an indicator to timing?? Just a guess.
LNY Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held