Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: How is it possible for this stock not to be moving upwards yet?

How is it possible for this stock not to be moving upwards yet?

posted on Feb 25, 2009 06:32AM

The facts about Legend speak for themselves, yet the announcements and presentation given by Legend at the BMO conference this morning appear to have fallen on deaf ears.

There are so many well funded investors sitting on the sidelines, how can they ignore the balance sheets and projections for this company. Legend has proven that they have an abundance of high quality phosphate that will begin shipping this year, and they have also laid out a shipping plan for this resource selling to a well heeled/established client that can afford to pay its bills.

The entire company is valued at 125M and they have nearly that much cash on hand with no debt.

What is stopping LGDI from growing its' valuation to 5 X earnings (250M) for 2009. Even that small number places Legends valuation at 1.25 B.

How can we as dedicated investors help spread the word to the investment community at large?

There must be something that we can all do to help promote this company. Please share your thoughts.







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