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 12 years ago

I have been pondering the target SP that we could see from this stock in the near term, and am interested to know what you think about my best case predictions.

The following predictions are predicated on Slager concluding the sale of shares from his funds, with no other major liquidations occurring. They also include a fair dose of my wishful thinking.

Next 3 months - Assuming a successful IPO on the ASX, but with no partnership deal for the construction of a MAP/DAP Plant - SP 50 cents to a Dollar.

Next 6 months - Company actually begins shipping rock and producing enough revenue to become self sustaining. One Dollar to $1.50 per share

Next 9 months - path to profitability has been proven, diamonds or uranium may come in to play. SP of $1.50 to $2.00

If an equity investor deal is consummated, this timeline could become accelerated.

Please share your own predictions for the SP as well.