Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Patience - this is the only way forward

Here are my/your options:

  • Sell now and regret it forever when the deal is done
  • Hold on to your shares until LGDI is either sold- lock, stock and barrel
  • Hold on to your shares until an investor that knows what to do with a fertilizer company buys a controlling interest.

In the mean time, have patience and hang tight. Nomura will broker a deal for the fertilizer, and the Gutnicks may go back to mining for Gold & Diamonds.

IMHO, the spin off will be announced once a deal for LGDI is finalized, and the spin off will be controlled by the Gutnicks. LGDI will earn us all a nice return on our shares before the end of 2011.

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