I think ICL is waiting for the World development banks to provide low interest rate funding to this little Canadian company that will do so much for this Africian country and the overall region and once all the loans are signed and the money starts to flow.........ICL will make it's offer in a friendly takeover. I do not think ICL would have been able to secure this very low interest rate funding on it's own as it is viewed as a very large Israeli company.

IMHO