My read of the analysts who follow the Australian domestic gas...

My read of the analysts who follow the Australian domestic gas market is that there is now a strong linkage between the international LNG market and Australian domestic wholesale market prices.

Both markets seem to be in very bad shape at the moment, like the oil market.

The issue with GLL is what are the risks in their projects, what will crystalise a de risking of the projects for the shareholders, when will that happen and how much more money do shareholders need to put in to those projects to get them to that point of de risking.