All,
One of the speakers at the BMO conference was Rakesh kapur a Managing Director at IFFCO.
You must take a look at his slide presentation in order to have a full appreciation of the growing demand and rising price of phosphate based fertilizers in India.They need all that they can get, and know that the prices are only headed up.
The IFFCO presentation may still be found on line (including audio) at http://www.bmocm.com/conferences/agricultureproteinfertilizer2010/webcast/default.aspx
This presentation alone should be enough to drive the price of LGDI through the roof. With the pending news from Wengfu as well, this is a once in a life time opportunity to still get in on the ground floor of a major fertilizer company.
Long & Strong LGDI