Thanks for that. I think GBG is now cashed up at the company...

Thanks for that. I think GBG is now cashed up at the company level as the recent placement more than takes care of their contribution to the Ansteel JV. I am a bit confused on ROY's strategy. If they flog of Pilbara, and are in a weak position in terms of contributing to Warrieder and it turns out the best option is to sell their stake to GBG, it would seem like of waste of this Fliss guy's talents. Or perhaps having his involvement in the project might be attractive to GBG, maybe something ROY can get some leverage from? Has the guy got a decent stake in ROY, did you get a sense at the AGM that he's got a really strong commitment to the company and its future iron ore development? (that might be hard to answer)