About 2 years ago - I think - i think it was based upon various...

About 2 years ago - I think - i think it was based upon various selling prices and volumes for yield. I also think they had at that stage not sold as many hectares. The view was that that was why they had purchased shares and they had done the numbers based upon a few growers who had looked at their expectations. Thats where the anecdotal comments about the plantations came from. I think they just tapped into the growers models and used a consensus they were happy with.

Its certainly not new or updated - when I spoke recently to them they said whats the use of updating it as there are too many moving parts - one issue is that their average is below a dollar per share and they are not putting in any more. Think they are happy to let it ride. so I have come to the party a lot later and have paid around $1.50 average and been happy with that.