Good question:
The shipments are all FOB the port in Australia. As such the initial cash flow should be recorded as of Q1, 2010. Legend should be cash flow positive in Q1 and profitable for the full year 2010. We are not talking penny stocks any longer, and we don't have long to wait.
Other stock price boosters will be the development of actual fertilizer products, or news related to the company's acquisition of North Australian Diamonds, which no one is speaking about. Legend bought out NADL this past year and could easily do something exciting with that investment.
Legend also has proven Uranium holdings and potential gold deposits on their tenement properties.
This company is not yet being promoted at all!
When the analysts start tracking it, and the company hires a firm to promote the stock to institutional investors, let alone moving on to a real stock exchange, this stock has the fundamentals to soar.
The sky is the limit for LGDI. In the mean time it is a waiting game. Hang in there ...
