 The Vale of Towy was naturally playing off possible lessees against one another, and was looking for a hefty cash lease charge; cash which the Llanelly could not find.The consequence was that the LNWR shared the lease with the Llanelly Company, paid off some Llanelly debt, and accepted the offer of running powers, at a stroke getting LNWR access to Swansea and Carmarthen as well as Llanelly and Brynamman.The New Lines being in receivership, there arose criticisms that the solvent original line was funding the deficit of the New Lines, and a receiver, John Henry Koch, was appointed in 1870.