Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Let's face it, this is a long term play.

I am afraid that nobody is capable of providing you with that information, as the answer is dependent on the true bottom to this market. It appears that LGDI is holding their press releases, future statements and public reassurances until the market proves to have stabilized and turns positive.

This could be weeks, months or years. To put out this information now, is to squander the opportunity for it to have a lasting positive affect on the SP.

Yet, at the right time, these three or four statements positioned a few days apart from each other can have a building affect on the SP and propel the company to a full recovery from these lows.

Lets' hope that the New Year brings the market recovery closer to reality, and we could be looking at a multi dollar stock price again in 2009.

Otherwise, we are looking at late Q3 2009 for them to start shipping phosphate to port by train, which will establish the true value of the company.

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