Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Questions

Questions

posted on Mar 24, 2010 02:58PM

1. I have seen it stated that native permits and environmental permits are yet to be completed What / when?

2. Is it a coincidence that Wengfu, Indian authorities, and IFFCO seem to be converging soon? Maybe a big pow wow and some signed agreements could be forthcoming soon? So much momentum in the search for phosphate sources, China's aggressive accumulation of product and producers, etc. What are the chances for a buyout since the expenses of startup is so high. Stock dilution to help defray costs

3. One big question is the verification of actual size of the LGDI product, it's quality, and the ability put together it's infrastructure

4. What is the status of LGDI access to the Queensland rail/port infrastructure? Will it be adequate in light of the Aussie coal industry attempts to have priority? What will be LGDI's financial share of cost putting together the rail and port connections. I have seen $ 70 million will be their contribution

5. Why is BMO quoted by Fidelity as saying LGDI will outperform and on another Fidelity page says it willlunderperform>

Any facts would surely be appreciated

I am a determined long and positive on LGDI but feel like the proverbial mushroom - kept in the dark and covered with doo doo

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