Yeah, would no doubt need some hedging after the debt facility...

Yeah, would no doubt need some hedging after the debt facility is in place, but would then be on way to 5000bopd target and it would be justified. Puts with downside protection and full exposure to upside would be worthwhile insurance scheme. Hedging not for now, I meant. The Alcoa debt (which is by now a negligible amount easily paid off under new schedule) is not the same kettle of fish at all and no reason to be frightened of debt in general. Debt is good. Expanding companies take on debt. We aren’t exporting through Broome without it, period, so better get used to the idea.