Regarding earlier comments you had in relation to equity and...

Regarding earlier comments you had in relation to equity and capital, can you comment on what you think is reasonable for total debt at this point. The impression I got was that a strict ratio was not required and it appears that the low MC has no impediment on recent funding commitments. What in your opinion is an achievable debt target given that in reality it appears QPM could service any debt level required based on current metrics. I ask as people seem fixated on a 60-40 split where the rational for the historical comment may not be most evident i.e the expectation of a higher MC.