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.

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Re: Spin-off- Ubenewbe

about 14 years ago

in response to Ubenewbe's message

I don't think mining the rock is a big deal. It's shipping the rock out at a profit. Don't they still have to get the railroad and seaport infrastructure set up? I know it was talked about all the money the Aussie gov. was going to sink into that. That's probably why IFFCO agreed to push back the time for them to ship rock to them until 2012.

Getting the infrastructure side along with the plants up and running is going to take some time.