Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Re: Questions - I take issue with your PPS predictions

Mar 24, 2010 02:58PM
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Mar 25, 2010 05:43PM

Mar 25, 2010 07:50PM
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Mar 25, 2010 10:54PM

Mar 26, 2010 09:47AM

I totally agree with you PK! Once the feasiblity study is completed by Wengfu things should start moving pretty quickly. I highly doubt that Legend will wait for fertlizer factories to be built before they start shipping "some" phosphate rock to IFFCO, especially beacuse phosphate prices are expected to rise later this year. They also need to start production just to work out all of the various shipping logistics.

We all know that this a very complex process in getting a mining company to actually commence operations. But with support from the local government,cash in the bank, as well as IFFCO and hopefully Wengfu this will get done in a timely fashion.

Some of us who have been shareholders for years were just very early to the party. If you were a new shaeholder and just found out about this company, you would feel very lucky to be getting into this stock right now.

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