Legendary Inv. Share Chat (LEG)

Bid up

Legendary Investments in Creon Resources:

New Yangzi Shipbuilding Wins Kamsarmax Bulkers

Yangzijiang Shipbuilding’s subsidiary Jiangsu New Yangzi Shpbuiding Co., Ltd has recently conclued a newbuilding contract for the construction of five 82,000dwt Kamsarmax bulkers with Global Maritime Investments.
It if formerly rumored that GMS ordered four 82,000dwt units at Yangzijiang Shipbuilding and one same unit at Chengxi Shipyard. Howevera, according to Greek Callimanopulos group that the company has only ordered five 82,000dwt Kamsarmax bulkers at a cost of $27.0m apiece with a total value of $130.0m. The delivery schecule has not been disclosed.

GMI is one of biggest traders globally and boast a fleet of 60-80 vessesls, including 7 Capesize bulkers and more than 20 Panamax bulkers.

http://en.eshiptrading.com/news/d/221/4969/

In July 2012, Creon made its first investment of US$15.3 million investment for 46.5% of a joint venture (“JV”) with the multi-billion dollar China based shipbuilder, Yangzijiang Shipbuilding (Holdings) Pte Ltd, which is listed on the Singapore Stock Exchange (SP:YZJ) (“YZJ Holdings”) in the offshore oil and gas infrastructure sector. The JV has a 40% stake in Jiangsu Yangzijiang Offshore Engineering Co. Ltd. (“YZJOE”).

In December 2012, YZJOE entered into a US$170 million contract to construct and deliver one unit of a Le Tourneau Super 116E Class design self-elevating Mobile Offshore Jack up Drilling Rig.

http://www.creonresources.com/uploads/13/Creon%20MGR%20Investment%20Final%2010.4.pdf

I am dissatisfied with leg regency mines shoots up we shoot down

CORRECTION
Manas coal in the article below doesn't refer to Manas Minerals, it is a different company.

But the article below does concern Leeds Resources who hold a 17.5% stake in Manas coal

30 April 2013
In Kyrgyzstan, the two companies are arguing for the right to mine coal in the context of the Kok-Kiya:
http://www.google.com/translate?hl=en&ie=UTF8&sl=auto&tl=en&u=http%3A%2F%2Fwww.kabar.kg%2Frus%2Fsociety%2Ffull%2F54360

that article is almost certainly manas coal......LDPs manas(coal) investment and not LEGs manas(minerals) investment....

30 April 2013

In Kyrgyzstan, the two companies are arguing for the right to mine coal in the context of the Kok-Kiya:

http://www.google.com/translate?hl=en&ie=UTF8&sl=auto&tl=en&u=http%3A%2F%2Fwww.kabar.kg%2Frus%2Fsociety%2Ffull%2F54360

The context in the link has been translated using google translate, 'manas coal' in the article refers to manas minerals.

Legendary Investment in Regency Mines

Regency Mines up again today currenntly 32%

lol..............the clown's still posting strong buy over there..??????........on a very slippery slope that one....may take a position when it bottoms out......16-17p....?????.....maybe lower.....
been a while since we had a bosques update so agree we're due one.......I really do think that bosques could be the gamechanger here......let's hope so..!!!!!
GLA

update due soon. This will be one to watch.

Good to see someone still fighting the corner here...lol. Not great overall GEM down also...lol lol