7 Jul 2014 07:00
7 July 2014
Legendary Investments Plc ("Legendary" or the "Company")
Bosques Energeticos EBE S.A. de C.V. ("Bosques") successfully cultivates G4J jatropha on expanded plantation
On 6 November 2013, the Company announced that Bosques had developed early and high yielding G4J jatropha. The G4J jatropha commences yielding seeds in as early as six months and has high yields. In addition, unlike normal jatropha, G4J jatropha is non-toxic.
Since then, Bosques has secured an additional 7 ha of land in the State of Morelos, which neighbours Puebla to the West (the location of the initial 11 ha plantation). The land in Morelos is being used exclusively to grow G4J jatropha. There are currently 8,000 G4J jatropha plants growing on the land.
This development further demonstrates that Bosques is able to take plants developed in one area and conditions and successfully cultivate them elsewhere.
Bosques now has 18 ha under cultivation with 16,000 pongamia of which 300 are GP2 pongamia, 28,000 jatropha of which 14,000 are G4J jatropha and 3,000 castor.
- Ends-
For further information, please contact:
Legendary Investments Plc | Zafar Karim / Thomas Reuner
| 020 8201 3536 |
Grant Thornton UK LLP
| Colin Aaronson/ Melanie Frean / Jen Clarke | 020 7383 5100 |
Beaufort Securities Limited
| Saif Janjua | 020 7382 8300 |
SI Capital
| Nick Emerson/ Andrew Thacker | 01483 413500 |
About Legendary Investments Plc
Legendary Investments Plc is a proactive investment company that focuses on making investments in and assisting companies which exhibit the potential to generate returns of many multiples through capital appreciation. Typically, Legendary invests in small companies where there are clear catalysts for value appreciation and the companies are operating in sectors exhibiting long term growth. Examples of such sectors include technology, energy and natural resources.
For more information, visit www.leginvest.com
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