Hi Haka, I thought it was going to be around August for the...

Hi Haka, I thought it was going to be around August for the announcement.

If they get $50m I assume they can still get access to the full $250m from Investec as the only condition I have read is the condition of the REDP govt grant being awarded, not the amount? Anyway, CNM has more or less said $300m is what they need for the 50 MW commercial demonstration so one would hopefully expect them to be able to stick to that budget. And if there was less available then I would assume that a smaller wave farm could be built for a lower cost, due to the modularity of the whole CETO thing, at least that's my take on it.