Denial,Can I ask where you are getting those numbers? By way of...

Denial,

Can I ask where you are getting those numbers? By way of an example the broker report I attached has an assumption in 2014 HCC $192 and AUD 0.99.

My reading of the company's estimates are Grovenor West has OPEX FOB $93 or $110 on contractor model. Are these the numbers you are inserting internal your IRR calculation? Based on those numbers is it really that a marginal project?

Hopefully we get positive news on Bluff over the next couple of months.

I am the Iceman!