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
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Re: Legends' stock price & Company Status

Posted by: Phosphate King on July 16, 2008 03:07PM

In response to: Re: Legends' stock price & ... by rink

Rink, you are right. It will cost them a bundle to build out the slurry pipe, get the mining process started and work on the port.

IFFCO has said that they will help with this financing, and worst case scenario Legend takes out loans to cover it. With a signed Offtake agreement they should have no problem getting the money.



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