Timber. Sorry, just realised i forgot to ask you something about...

Timber. Sorry, just realised i forgot to ask you something about your above post.

You mention you expect DRLs operating costs at 35%. Could you comment on how get that number?

My view that its 42% is based on comments by management that they will take 35% of fonda sales as ACL revenues assuming 60% profit share.

So if fonda sales are 100m ACL receive 35m, which is also equal to 60% of fonda operating profits. So 100% of fondas operating profit is Equal to about 58m. If 100% of the profit is 58m then costs are equal to 42m or 42%.

I know Pete has mentioned they might be able to improve the manufacturing process to improve yield and that will in turn reduce costs. Will that reduce costs to 35%? I dont know...