Wether we like it or not, by investing in an Australian company, we're also playing with the FX market. Here's the fine print from the last LGDI shareholder presentation:

Notes: Where capital costs have been estimated in Australian dollarsan assumed foreign exchange rate of 1.00 AU$ = 0.85 US$ isused. Contingencies are included in the cost estimates.

Here is the news today after Bernanke's speech. The aussie dollar just broke parity with the US dollar!!!!

http://www.channelnewsasia.com/stories/afp_world_business/view/1087461/1/.html

So, much higher which is good for us. Since Legend is based in Aussie $, this means we got to add 15% to our stock value for free. Might (or should) explain part of the recent rally.

And on another note, looks like we're on our way to catching up with the huge recent rally in agriculture:

http://stockcharts.com/h-sc/ui?s=LGDI&p=D&yr=2&mn=0&dy=0&id=p94268373971