Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: North West Star - Council shares phosphate concerns

I'm learning more from these newspaper articles than I'm getting as an LGDI shareholder and to be quite honest I can see some of the points that the man on the city counsil is making. They live there and will have to deal with the implications of what the phosphate mine will bring to the community, so they want to get it right. Now, if there are 20 home owners (maybe less) that are complaining the plant is too close to them, then that seems workable in either buying them out or the government making some sort of call on the situation. IMO if there are indeed only 20 homes too close to the plant site some sort of government/LGDI pay-off to relocate them shouldn't be too big a deal in the grand scheme of things.

I don't believe for one minute that what's going on at Mt.Isa concerning whether the plant is going to move forward or not isn't VERY IMPORTANT for LGDI and we as shareholders.

My biggest question now is what is Plan B for Joe G. if the Mt.Isa city counsil doesn't approve the plant to be built? Does the Queensland gov. intervene? What alternative plans do the Company have in case of the Mt.Isa CC saying NO.

This is what I want to know.

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