Paradise South is one of seven phosphate rock deposits controlled by Legend and is the first to have a current mineral reserve estimate reported. All seven deposits however have historically reported mineralised material of significant tonnage.

Paradise south by itself is big enough to build a good size fertilizer company.

600,000 TONS of DAP and MAP per YEAR for 60 YEARS!!! (at current pricing of $610/ton) is 360 Million/year in revenue (or $1.50/share in revenue)

And this doesn't even cover the entire Paradise South deposit!!!

The reserve area targeted by recent drilling within the Paradise South Mining Lease Application (MLA90197) equates to only approximately 70% of the area that contains historically defined mineralised material within this lease and only approximately 50% of the area that contains historically defined mineralised material within Legend's exploration licence EPM16942. The current reserve estimates correlate well to historical (1970's) estimates. This supports potential further increases in reserve tonnage upon successful future drilling results within areas that have not recently been tested with modern drilling techniques but have reported phosphate intersections in historical drilling information.

Mosaic or another biggie should be licking their chops to get in on this project!!!