You know having wrote that about off-take agreements, I'm...

You know having wrote that about off-take agreements, I'm probably now of the opinion that having no off-takes is actually a very good thing. What would be the point of having offtakes ready to go and for all that MRF can produce, just to make say spherical graphite, at i dunno around 2k/tonne? We aren't even producing, why not hold out, if we get a partnership for a product i.e. a graphene reinforced resin/concrete/carbon fibre or a wearable tech or an application - i.e. water purification/energy storage(battery)/energy production(fuel cells) the difference is huge, so not locking in supply to an offtake for "low" value graphite and being patient and well positioned, i think this is a masterstroke.