I listened to the call and liked most of what was said. A lot of good things are in the works and if Wengfu chooses to be an equity partner that would bode very well for the project going forward, as it would signify to me they are putting their money where their mouth is and not just being contracted to build the plants. They'll have a vested interest in what's going on. I think Joe G. said that they changed the Company rules recently to be able to invest in ventures outside of China. Anyway the way they talked it seemed positive they would come onboard.

It appears a no-brainer that the project would be a nice money-maker, especially with the aluminim floride addition and the other specialy items they intend to produce. That will be the gravy profits with DAP being the old stand-by profits. Another big advantage for the project is what was said about location. They save a hellava lot of money in just shipping costs to their customers. Money that can go in the LGDI coffers.

The biggest question I have is the relationship a potential larger fertilizer Company would have in an LGDI - Wengfu partnered world? Would Wengfu want another player involved in the mix? I suppose it would depend on how big a stake in the project Wengfu is willing to take. Anyway this is going to be a long haul deal, but the rewards should be big when the time comes. Finish the feasibility study and get the ball rolling on the plants asap is what I say.