Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Less than 6 weeks to the next announcement

I thought that the "new revised expansion Wengfu feasability" study was due at the end of the 3rd quarter or end of September. This study will suggest the feasability of building bigger DAP plants,bigger phosphoric acid plants and bigger beneficiation plants. Also that news release stated:

Wengfu will finalize their level of equity involvement and facilitation of financing after completion of the Feasibility Expansion Study due by the end of quarter 3, 2010. Legend has also been approached by a number of other international fertilizer industry corporations to discuss equity investment and financing assistance for development of the project. These discussions will be progressed aggressively over the next few months to ensure that project planning and execution remains on schedule.

So shortly we will finally find out Wengfu's level of involvement and their recommendations to possibly expand the size of the plants.

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