I believe the Indians will seek long term contracts for part of the production... maybe all of it. They will want to retain influence, a board seat, oversight...maybe even a controlling interest. Go to the IFFCO web site and read about their various businesses. It is interesting stuff. I find it very hard to see how the company could be bought. For one thing, how would you value it? Phosphate rock deposits...what about upstream products to come later? How do you factor in diamonds, base metals, uranium? Can't Legend mine whatever is in these leases? The only thing that seems clear is that it is worth a lot more than fifty cents.