Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: MINING LEASE GRANTED for PARADISE NORTH

From the article: "While the float plans are still at an early stage, a US source said Gutnick's Legend International Holdings had put out feelers to brokers in Australia to raise between $150 million and $250 million to dual list on the Australian Securities Exchange and the US AMEX market."

Does this mean dilution?

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