Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Re: Maybe we will learn more on Monday

I agree. I thought for sure we would find out today where Wengfu stood financially with the project and LGDI. I hope this is brought up at the meeting on Monday, but I only assume that this very important aspect of the deal is still being negotiated. They could be planning announcing another bigger fertilizer equity partner at the time they finalize their finances with Wengfu at the end of Q3. Progress is being made but it is painstakingly slow.

There was also nothing mentioned about when they would start building any of the plants. No real time frames given on anything. I would have thought there would have been some times and dates given for some sort of start.

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