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riskanalyst

10/05/10 12:55 PM

#21347 RE: cl001 #21338

The issue of them being the agent is understood, but they don't seem to have a history of doing these type of deals. It could be a new business for them and their website states they have a natural resources group that has teamed up with a subsidiary of the Dubai Islamic Bank, so this could very well be the lender. Just some of the characters within Legend was a bit of a turnoff, so I will be waiting until I see the financing is in place. Of course the price may have very well run up by that time.