Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Re: Legend Said to Seek Buyers for Parts of Australian Phosphate Operations

I'm not poo-pooing your points, but my question is WHY DIDN'T HE DO THIS FROM THE BEGINNING? Is there any reason why J.G. didn't do this a year ago instead of waiting until now? It just seems to me that they have been taking a lot of precious time finally figuring this out. I'm all for no share dilution, if that's the end result. I have to think that Wengfu doens't want to come in as an equity partner as big as originally thought with LGDI doing this.

Mr.Market doesn't seem to overly excited about the news today.

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