Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Q3 09 release on Monday

Q3 09 release on Monday

posted on Dec 11, 2009 02:31AM

Estimate is set for -0.02. Although it probably won't be matter much either way. Last quarter's announcement of -0.05 was significantly lower than the estimated $-0.034 and the stock nearly doubled within a month from other announcements. I'm curious to see how much they spent directly towards production prep.

I was looking over the stats again and (although we all know it by now) its striking to see Legend's total debt/total capital ratio of 0.55% compared to the non-metallic mining industry average of 41.71%.

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