Oh this is most amusing. I’ll humour you some more. So you think...

Oh this is most amusing. I’ll humour you some more. So you think average realised sales price for Tap for 2016 will be USD30 based on requirements to hedge 30-50% by 1Q. Let’s make that a sensationalised 50%. So with market consensus for oil to average at least USD50 for 2016, does that mean you are of the view that Tap will be forced to hedge at USD10?? Did I get that right? I am referencing UBS reports by the way, I heard they are very reliable?

And your answer to question no. 2 please? It is not a question of whether there will be another CR or not, it is a question of how you come up with AUD20M as you delivered it with such conviction. Again based on an average oil price of USD30 for 2016 (see note above). As I have noted previously Tap will have excess of USD5-8M for admin costs and other incidentals even at USD30 (working with your assumptions). So where is this need for AUD20M come from?