RE: Salman: Sell rating and $0.40 target for WPX The over supply and stock pile was created by the lack of sales from China and India because they wanted and succeeded to bring the price down. WPX and other potash sources are attractive to these buyers not for just supply but also leverage on Canpotex etc. to keep the price from rising. WPX is still attractive and viable at these prices and don't forget we have 40 years plus of supply even at $3.4 Billion. Asia has a rising population with developed tastes demanding more potash for their food production. WPX has always had off take offers but has stated they want to take it to production with either a JV or Buyout. UBS has been given the task of securing the best agreement. With the last hurdle EIS out of the way all offers should now be on the table. GLTA.