And the market reacted how YC? MET which is 20% vested in the project due to ownership of the ground had no action in the SP today nor did Legend last night prior to the ann. They may appear to be ticking boxes but their drilling program was crap and their applications to the QLD govt are not as progressed as MAK. Todays ann was the first to hint that the 2009 deadline for Legend will move out to 2010. There are more flies in the ointment with Legend IMHO.
MAK has progressed according to their timetable quite well and I think the proof will be in the BFS due in Sep 2010.
legend forging ahead with logistics planning, page-2
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