Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Price agreement?

Price agreement?

posted on Oct 06, 2008 10:15AM

From the original agreement in May...

Financing and Joint Venture options for the capital cost of Legend's phosphate project are currently under discussion between the parties as is the price of the phosphate rock. The price of the rock will be negotiated on a fair and equitable basis for both companies based on international market prices applicable for the Indian market with an appropriate discount. Negotiations in regards to finance options should be concluded in coming months.

Has a price ever been agreed to?

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