time for reflection i think, page-60

mb20
Interesting developments;
have a look at the mak thread; legend looking to sell its phosphate mine $500m to $1b. Legend up 10% on friday and mak up 8%.
Both legend and the phosphate hill mine are both in nw queensland. From google earth marqua is further away, in the NT. But if Legend is sold this will leave marqua as the only other propective phosphate deposit in the region up for grabs but this is only from an hour or so of research. When I have time I will look into it more. I am not trying to suggest Marqua is anything but a long term investment for rxl which was picked up for nothing as we all know but it could turn out that it adds a good 10 to 20c to rxl sp within a surprisingly short time. If the phosphate sector does start to consolidate, at a time when is china again slapping export taxes on phosphate, then all those barking about as marqua being a distraction could be proved to be very wrong. The last week has seen thumps up given to all the negative posters wanting to pick on anything they can with this company. If the sp was 12c they would probably be saying how brilliant the marqua acquisition was and how visionary im is etc etc.