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: Back to basics

Posted by: bigphos on July 17, 2008 09:21AM

In response to: Re: Back to basics by goldigger

Don't forget goldigger I am onlu using a $250/ton price and a p/e of 5. At $500/ton and a p/e of 10(which is much more realistic) we are easily looking at upwards of $30/share.

What we really need is to get off the OTCBB and move onto the AMEX. Many funds cannot buy a security on the OTCBB but can buy it if it is listed on an "exchange". Also, brokers in the US and Canada cannot recommend the stock while it is listed on the OTCBB, but can recommend if it is listed on an exchange. There are many new buyers out there once they hear the story from there brokers!!

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