Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Ed Walker interview

Thanks for your informed post, Petrescu. I agree with your observations. There are situations that are ongoing as you say in the planning, permitting, and set up stages that are in my opinion most likely delaying our hearing results from Nomura's search for our potential equity partner. When I listened to Walker's interview yesterday and he said that LGDI is still waiting for Mt. Isa to give them clearance to build the plant it struck me that they couldn't announce an equity deal before that hurdle was cleared. Why announce an equity deal if Mt.Isa hasn't given you approval to even build the plant yet?

So, it's my hope that when the final pieces of the puzzle with all the local approvals take place that maybe in short order we get word on an equity deal.

What would you deem an approriate amount of time for that approval to be given?

thanks

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