LNY 0.00% 0.6¢ laneway resources ltd

It's a buying time again for me at prices of 0.009c.I see...

  1. 210 Posts.
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    It's a buying time again for me at prices of 0.009c.
    I see nothing negative in the last company announcement to be concerned about. Yes I would have liked to know g/t for May but it's understandable this will come out in a couple of weeks time.
    I am glad drilling is ongoing around AC to build up the resource and extend mining past the planned 10-12 week window for the 100,000 tonnes.
    I expect grades to be over 10g/t when May processing report comes out in a couple of weeks.
    SP will jump when new investors come on board .... and I expect with high POG and election favouring investment (no difference to franking credits, CGT) that the market will be bullish over the next couple of weeks.

    As far as P Wright (Director) .... I note he increased his investment in BSM before selling LNY. BSM had negative cashflow so he was injecting funds into this at a low point. His holding in LNY is pretty insignificant. If SB was to change holdings that would be significant IMO.

    In the end DYOR. Happy trading. Pick your low points and hoping we all get rich from this stock.
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Mkt cap ! $22.32M
Open High Low Value Volume
0.6¢ 0.6¢ 0.5¢ $5.496K 947.1K

Buyers (Bids)

No. Vol. Price($)
23 10933391 0.5¢

Sellers (Offers)

Price($) Vol. No.
0.7¢ 4020000 6
View Market Depth
Last trade - 15.59pm 18/10/2019 (20 minute delay) ?
0.000 ( 16.7 %)
Open High Low Volume
0.5¢ 0.5¢ 0.5¢ 1677000
Last updated 13.07pm 18/10/2019 (live) ?
LNY (ASX) Chart
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