Developing phosphate interests in the Georgina Basin, Queensland, Australia

Free
Message: One question for all readers of this LGDI forum. Please respond ...

One question for all readers of this LGDI forum. Please respond ...

posted on Aug 11, 2009 10:52AM

I have a question for all those that participate or read this forum, and I would appreciate all of you sharing your thoughts and opinions on this topic.

As investors in LGDI we are all excited to see news releases like the one that came out this morning that validates the Phosphate business that Legend is involved in.

Legend has:

Has proven their phosphate assets

Has a valid contract with a buyer

Has Government clearances to fast track their production

Has worked out the logistics for transporting the phosphate to market

Has a savy and trustworthy management team

Has no debt to speak of

Has a strong cash position

Has a prospective diamond business with their investment in Nort Australia Diamonds that will probably spin out from Legend at some point

Has a prospective Uranuim business that may spin out from Legend at some point

Now for my multi part question. Why is the stock still trading at 65 cents per share?

Why aren't the analysts jumping on this yet? Why is this not being hailed as one of the best investment opportunities in the market today?

I just can't understand when this stock will gain the coverage and attention from the institutional investors that it so rightly deserves.

Please someone clue me in.

Thanks!

Share
New Message
Please login to post a reply