Legend: Developing Major New Phosphate Deposits
Scoping Study Calls for $1.7 Billion Profit based on $ 400 Phosphate Rock
Hub Controls
  • Demo Video
  • Upload Photo
  • Edit Company Profile
  • Add a Link
  • Update Fast Facts
  • Add Management Bios
  • Private Messages
  • Edit My Profile
  • View/Edit My Portfolio

Email Updates

AGORACOM News Flash

AGORACOM Survey On McCain's Choice For Vice-President:

What Do You Think Of John McCain's Choice for Vice-President?  Bold? Crazay?  Let Us Know Via Our Quick And Anonymous Survey.

Have A Safe And Happy Labor Day Holiday Weekend!

Regards,
George, Paul et al. 

Legend International Holdings, Inc > Message
250px-jdean1

Re: Legends' stock price & Company Status

Posted by: rink on July 16, 2008 02:22PM

In response to: Legends' stock price & Comp... by Phosphate King

"If you read through the various press releases and news that was released today we find that IFFCO has received 100.5M dollars worth of options that range in price from $2.50 to $4.00 per share over the next two years. (Translation: Legend has absolutely no financial concerns while building out their production capacity)"

Wasn't the build out of start up, pipe, and port facilities close to $1 billion? This transaction along with the last only appears to be about 25% of that without counting increases in energy costs.

How do you come up with "absolutley no financial concerns" in the present money climate?

However, I agree with most of the rest of your translation.

Rink

Post a Reply

Please login to reply to this message.