Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Re: Interesting Article on peak Phosphorous demand

As usual the "Phospho Boys" have delivered more intriguing insight. This price sag is probably a wonderful opportunity for Legend price optmmis but it does make one recount the cards in hand.

IMHO, natonalization by other countries only strengthens Austaralia's position - less efficient, productive, and more costly to those without subsidies. When it comes to shipping P to Asia, Australia also has a geographical advantage.



Our only real risk seems to be unfavorable fiscal management which would lead to bankruptcy and tkeover of assets.



Once again thanks for the heads-up from "Phospo"



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