lgdi to raise between $150 million and $250 , page-12

Some time one day someone is going to say that's a lot of phoshpate I want it. Someone with the finances the vision and a plan. A company with the ability to properly develop this resource, but lets face it it's not MAK.
For eg given the chance to attempt to develop their phosphate in Nambibia by putting some dredges to work they purchased assets in Tasmania.
They can't meet time schedules because they don't really care that much. They hold the aces in the fertilizer pack so a good bluff will do.
I hopped to it and sold all my remaining shares in this under performing company yesterday. I may be wrong but to me management are just ineffectual wimps.
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