Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Worldwide demand for Phosphates is growing - potential bidding war for Legend

Thanks for posting this article. What I found interesting that I didn't know was the part about China having 1/3 of the world's phosphate rock and they raised their export tariffs on it from less than 10% to over 110%. That tells you something. They want to hold onto their resource or ream whoever they sell it to. I'm hoping Joe G. has the same intentions.

I'm wondering if LGDI is not looking to sell some of our phosphate assets to Japan, especially the way this article read. The main thing I'm hoping is that they bid the price of our assets way up and don't sell themselves cheap.

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