Legend International Holdings, Inc

The company currently holds an initial Australian JORC code compliant Inferred Mineral Resource Estimate for a partial area of Paradise South which has been completed and reports a total of 72 million tonnes @ 17% P2O5 at a minimum cut off grade of 12% P2O5.

over 14 years ago

in response to Investor360's message

That target is short term and the first of many. The target price gets moved up accordingly as prices are met.

Your calculations are very good at $10 per ton profit based on a very low Phosphate rock price. One billion tons does relate to $44-$88 per share.

When the Phosphate Rock prices increase from the lows, what does that do to the share price?

Welcome aboard. I hope you pick up some of the few remaining float shares before the insiders beat you to it. It appears the insiders own over 80% as of to-day..........