Offtakes are a good guide, though not binding. But as noted, you...

Offtakes are a good guide, though not binding.

But as noted, you never thought this thing was getting past a 40mill mc. They have a small level of cash flow already with a couple more niche clients already. Couldn't see them struggling for more customers in this environment. I would be concerned about execution but management is A grade an issue which has definitely plagued past asx fertiliser plays and still does.