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 13 years ago

Re: Patience - this is the only way forward

over 13 years ago

Re: Patience - this is the only way forward

Legend International Holdings, Inc

over 13 years ago

Re: Patience - this is the only way forward

Legend International Holdings, Inc

over 13 years ago

Joe got 8 companies ?

Legend International Holdings, Inc

over 13 years ago

Patience - this is the only way forward

Legend International Holdings, Inc

over 13 years ago

Here are my/your options:

Sell now and regret it forever when the deal is done
Hold on to your shares until LGDI is either sold- lock, stock and barrel
Hold on to your shares until an investor that knows what to do with a fertilizer company buys a controlling interest.

In the mean time, have patience and hang tight. Nomura will broker a deal for the fertilizer, and the Gutnicks may go back to mining for Gold & Diamonds.

IMHO, the spin off will be announced once a deal for LGDI is finalized, and the spin off will be controlled by the Gutnicks. LGDI will earn us all a nice return on our shares before the end of 2011.