Cudeco I didn’t mention anything about funding. What I’m saying...

Cudeco I didn’t mention anything about funding. What I’m saying is the MDA ensures that the bulk of any profits go to Malawi government because of the royalty being on the projects revenue rather than its profit. That is actually a shocking out come, because as commodity prices are cyclical, in a year where niobium prices are low, if the project generates no profit, GBE still has to pay the royalty on the revenues they generated, even if that produced little or no profit! After 8 years of waiting for an MDA this seems like a shocker. A good MDA would have had royalties payable only on PROFIT not REVENUE! This will be a massive red flag for potential financiers.