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Strategies & Market Trends : Aardvark Adventures

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Dec 5 3:59 PM EST

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From: ~digs	3/18/2008 10:25:59 PM
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Monday March 17, 1:41 am ET MELBOURNE, Australia--(BUSINESS WIRE)--Legend International Holdings, Inc (OTCBB:LGDI - News) (a Delaware Corporation) with phosphate projects in the State of Queensland, Australia, reports that the rock phosphate Moroccan export price has increased to US$350-400 per tonne FOB. Official sources have indicated that OCP Morocco is commencing to settle sales for the second quarter of 2008 at prices of US$350 to US$400 FOB. This is an increase of approximately 100% over the prices for the first quarter of 2008. Legend’s phosphate interests in the Georgina Basin in Queensland include Lady Annie, Lady Jane, D-Tree and Thorntonia, which have historical phosphate deposits 1463 million tonnes at a grade of 16.52% P2O5. Further details are contained on our website at www.lgdi.net. Legend is on track to develop these deposits and become a substantial exporter of phosphate. About Legend International Holdings Inc Legend International Holdings, Inc (OTCBB:LGDI - News) is a Delaware corporation principally engaged in exploration and resource development activities. The Company’s exploration licences include approximately 5.2 million acres in Queensland and the Northern Territory, Australia. For further information please visit our website at lgdi.net

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