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LNY, LANEWAY RESOURCES LTD
rosskend
post Posted: Sep 13 2010, 04:25 PM
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There may be life in the old dog yet - or perhaps just trying to get the SP up before they have to pay the noteholders their semi-annual payment in Oct!!!?!??!?!? ;-)

If they hit something good they could pull it off yet - still have their coal interests with NEC - who knows what may transpire?!?!? ;-)

R/Ross

 
mongoose
post Posted: Sep 13 2010, 02:43 PM
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A little bit of interest today, up 100% on a little bit of drilling.
http://www.asx.com.au/asxpdf/20100913/pdf/31sggfc4bzy3wy.pdf

 
fraz2
post Posted: Apr 8 2010, 10:11 PM
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In Reply To: rosskend's post @ Apr 8 2010, 09:45 PM

Hi Ross,
hopefully they will find a way to extend the payments 12% is OK as long as they don't go broke - a couple more years and I will have my money back!
A snake oil salesman would do wonders - I could start a rumour about CBM in the gold mine LOL.
fraz



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Our greatest glory is not in never falling, but in getting up every time we do.

Great minds discuss ideas. Average minds discuss events. Small minds discuss people.
 
rosskend
post Posted: Apr 8 2010, 09:45 PM
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Hi Fraz - I didn't wait - took the .006 with small loss but real dollars in the bank. Don't know who would buy these now but some must still be hopeful. Nice little present every 6 months - wonder what their going to do when RSNG matures????

Perhaps they should come out with an announcement of a deal with the Chinese perhaps an offtake agreement for their gold - worked well for ICN?!!??! ;-)

R/Ross

 
fraz2
post Posted: Apr 8 2010, 09:23 PM
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In Reply To: mongoose's post @ Apr 8 2010, 09:19 PM

I've been exchanging them for real dollars when the rate is right and making more than if I had been paid interest in cash.



--------------------
Our greatest glory is not in never falling, but in getting up every time we do.

Great minds discuss ideas. Average minds discuss events. Small minds discuss people.
 
mongoose
post Posted: Apr 8 2010, 09:19 PM
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In Reply To: fraz2's post @ Mar 5 2010, 04:09 PM

gitting a few more Zim dollars myself, not sure about ever gettin to spend 'em though

 

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fraz2
post Posted: Mar 5 2010, 04:09 PM
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I would expext this have an effect on the SP another 3+ shares per note will be issued at current price.

RSNG MARCH 2012 CONVERTIBLE NOTE INTEREST PAYMENT
Renison Consolidated Mines NL advises that in relation to the Company’s Convertible Notes (ASX code RSNG) that the following dates are applicable to the six monthly interest payment for the period from 1 October 2009 to 31 March 2010.
Trading ex entitlement date – 23 March 2010
Record date – 29 March 2010
Interest payment date – 6 April 2010
Interest payment per note - $0.0198 (1.98 cents)
In accordance with the terms and conditions of the notes the company has the capacity to pay the interest owing by the issue of ordinary shares in Renison at a rate calculated as the 10 day volume weighted average price of the ordinary shares discounted by 10%.



--------------------
Our greatest glory is not in never falling, but in getting up every time we do.

Great minds discuss ideas. Average minds discuss events. Small minds discuss people.
 
fraz2
post Posted: Jan 15 2010, 12:49 PM
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In Reply To: Brendan's post @ Jan 15 2010, 08:54 AM

Also it is time for the next installment of the ill fated partly paid RSNCI - at 0.5cents and the current SP who is likely to pay up unless the heads are worth more?



--------------------
Our greatest glory is not in never falling, but in getting up every time we do.

Great minds discuss ideas. Average minds discuss events. Small minds discuss people.
 
Brendan
post Posted: Jan 15 2010, 08:54 AM
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Starting to make a break for it..... get the impression someone knows more about the results from the Agate Creek Drilling then the company has let on

Brendan



 
fraz2
post Posted: Nov 24 2009, 06:14 PM
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In Reply To: Marsupial's post @ Nov 24 2009, 04:30 PM

Yes slightly more value than Zim dollars, unfortunately my rsng interest is paid in rsn's. Increase in value has increased my interest payment value.
I agree a few holes are required to prove it up and there is still a long way to go before any value is extracted.



--------------------
Our greatest glory is not in never falling, but in getting up every time we do.

Great minds discuss ideas. Average minds discuss events. Small minds discuss people.
 
 


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