Guys, guys....don't beat yourselves up over PEL. It's still a...

Guys, guys....don't beat yourselves up over PEL. It's still a good investment. All you need is patience.

I imagine the company will need a little more cash to effect the transfer. My guess is that it will be managed by a placement. Then we do some infill drilling for which they already have the cash from last raising. Also, we need to nail down the offtake agreement which you may remember has lapsed from the previous arrangement. How long will all that take? Hard to say. The quarterly is due out soon so we have to hope that we get some more detail then.