$0.83 0.02 (+2.40%)
11/24/2009 3:29 PM

Legend International Holdings (LGDI.OB)

CAPS Rating: 1 out of 5

Results 1 - 4 of 4

Recs

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Member Avatar DanePymble (< 20) Submitted: 7/30/2008 3:50:58 AM : Outperform Start Price: $2.50 LGDI.OB Score: -56.90

on track to be producing 5MT of phosphate rock in late 2010 putting on 3x gross 2010 earning based on their base case phosphate rock price forecast of $300T. With current prices of $400+ they could well exceed that. Offtake agreement with IFFCO to suppl a minimum 3MT pa derisks the company significantly. Risks are increasing cost pressures for labour and construction material above that budgeted & of course the phosphate price.

Recs

2
Member Avatar DarthTater (41.48) Submitted: 6/10/2008 8:48:38 AM : Outperform Start Price: $4.09 LGDI.OB Score: -64.54

NIce breakout yesterday. Phosphate has been in a bit of a boom so this one may go along for the ride.

Recs

1
Member Avatar jag0401 (< 20) Submitted: 5/7/2008 1:56:09 PM : Outperform Start Price: $4.26 LGDI.OB Score: -62.35

They've just hit a big deal with an Indian company for the supply of phosphate for fertilizer. This company is no longer speculative its for real. Buy now before its too late.

Recs

1
Member Avatar sashanflo (45.36) Submitted: 5/6/2008 6:48:28 PM : Outperform Start Price: $4.30 LGDI.OB Score: -61.78

Just entered long term contract to supply phosphate to India's largest fertilizer cooperative.

Results 1 - 4 of 4

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