But Mihal, they are also saying that the last 4 months EBITDA,...

But Mihal, they are also saying that the last 4 months EBITDA, which obviously a lot higher than a net profit number, is only ZAR8.4m.

That net profit number is equal to zar3.7m a month I think so four months should be zar15m net. We have half that in EBITDA so things appear to be deteriorating and the most recent month April by far the worst.

The period that must have been better was the half year to Dec. We've seen the consolidated account for that and profitability was minimal at any level. And boosted by $3.7m other income which I'm guess was a revaluation of EDF loans. That number is probably in this net as well. In which case, they shouldn't really be talking about it being above budge.