Steel couchI would expect that the JV itself has its own bank...

Steel couch

I would expect that the JV itself has its own bank account go up by 3 million each shipment not half to GBG.

The JV will use cash to pay down debt and for equity contribution to expansion plans.

This why GBG will continue to go through own cash and either has to slow down cash burn or do a working capital raising.

At some point the JV will start to spin out dividends but it will depend on terms of existing borrowings and also expasnsion requirements.