Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Industry Rumors - Potential Buy Out

Forgot one thing....

Do we really want Legend to be bought out? The last phosphate company that was bought got a price that was 25%-30% above market valuation. Then the potential is dilluted in some other larger company that isn't public probably. 25% is a great return for one, heck even two years for any stock. But I see much bigger potential (and more 0's!!) if they stay on their own, with strategit partnerships of course. Legend doesn't need money, just to get things done.

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