Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: The Institutional Investors should line up in Q1

The Institutional Investors should line up in Q1

posted on Nov 23, 2009 05:52PM

With Institutional investment will come a substantial jump in the company valuation and stock price. Assuming that LGDI is filling out the paperwork to list on the ASX now, they can see the company list on the Australian Stock Exchange by the end of Q1.

Prior to the actual listing it would be common practice to organize a road show which would of course include participation by IFFCO and Wengfu in the presentations that would begin in January or February. The initial shipment of phosphate rock to Iffco should also have a scheduled date by the month of March.

Combine the three milestones:

1. Roadshow to promote the company stock in January or February.

2. Confirmed shipment date for the first delivery of phosphate rock to Iffco

3. Listing on the ASX

and I believe that we will see a stock price north of $2.00

If you are a believer in this stock please recommend this message, and our collective voices will be heard by Legends management.

Hang on for a wild uphill ride!

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