Agoracom: Legend International Holdings, Inc Discussion Forum Message

Legend: Developing Major New Phosphate Deposits

Scoping Study Calls for $1.7 Billion Profit based on $ 400 Phosphate Rock

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Legend International Holdings, Inc > Message

jordie

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Re: LGDI Announces Landmark Agreement With IFFCO, India’s Largest Fertilizer Enterprise

Posted by: jordie on July 16, 2008 02:19PM

In response to: LGDI Announces Landmark Agr... by AGORACOM-GT

It's nice to see that a large portion of the IFFCO compensation is option driven. The price of the rock will reflect the market price of long term International supply agreements to the Indian market. An alternate pricing mechanism would be the international phosphoric acid benchmark price.

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