Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Re: LGDI is not currently mining.
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Apr 03, 2009 06:48AM

Dark Meat,

That article wasn't written by LGDI, so there is no reason to be offended. The company will be making money come Q4 when they begin shipping phosphate to IFFCO. Having a buyer that is anxious to receive the phosphate and has the money to pay for it, is all that I truly care about at this time.

Regarding Legends expenditures, I haven't taken the time to analyze the spreadsheets in the 10K document, but I am certain that the companies expenses are stated in detail. They appear to be above board in all of their actions to date.

If you find a specific case where money was misallocated please point it out to everyone on this blog ... Otherwise, don't make insuations that do not have any merit.

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