Two 160 share sales @ .003?? Someone playing with the VWAP???...

Two 160 share sales @ .003?? Someone playing with the VWAP???  Thoughts.

We see the AUD continue to slide with the US increasing interest rates to dampen the potential inflation from those company tax reductions.

That IS good news for gold producers, while the AUD drops to .70, the AUD price of gold is again hitting AUD$1,700 per ounce.

That looks likely to continue for some time and will certainly be very timely for a commencement of mining from Agate Creek.

We’ve seen a, what in my mind, is a worst case scenario poston the potential return on that 100,000 tonnes, now, let’s have a ball parkcrack at what LNY believes (“aiming at”) they’ll get from that deal.

Using THEIR figure of 8g/t.100,000 tonnes @ 8g/t = 800,000 grams.

Maroon get’s all of up to 3.5 grams = 350,000 grams.Balance = 450,000 grams.

Laneway gets 60% of that = 270,000 grams.

31 grams per troy ounce of gold = 14,500 troy ounces.

@ AUD$1,700 per troy ounce = AUD$24,650,000.

There will be reductions for share of royalties etc, but, that’s areasonable ball park figure to simply explain what that Maroon deal wouldtranslate into in AUDs for Laneway.

And “could” be in the bank within 4-6 monthsof mining commencing.  A company maker!!

Current Market Cap $14 million.      Where is that ILUA?????