LNY 0.00% 0.6¢ laneway resources ltd

Why we should be excited, page-59

  1. 21 Posts.
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    I dont know about spilling the board, voting against the runmeration report is one thing, getting rid of Bizzell is quite another.


    There's some terrible managment around, better the devil you know than the devil you dont know. At this point I would bail if I thought management were out to screw us. Its in their best interest to ensure an appreciation in the share price and as little dilution as possible.


    Im hoping (or praying-there's no aethists in foxholes!) that we are already being led by Twiggy or Rheinhart material. They've apparently managed to raise capital in a difficult environment, secured us a $500,000 interest free credit line and negotiate a new processing arrangement. Lets all hope that over the next few years we are dazzled by their brillance because I dont think any of us are dazzled about anything they've done to date.


    Everyone is good at something, lets just hope that our management excel in managing the transition from explorer to producer and demonstrating that a viable business exists. Lets see them make statements, follow through and excute the statements and turn them into reality within the timelines they give.


    I unfortunately cant make the AGM but I would like to hear them articulate their plans for the future. They should really at the very least be making an audio recording of the AGM. 


    Three and a half years and counting since the mining lease was lodged. Lets hope we get something in the coming quarterly worth talking about.







 
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