GM, I don't think we will need to wait till 3rd Qu

GM, I don't think we will need to wait till 3rd Quater for HIMR's first logging contract.  I would expect the study to be done in May and the concession should come soon after.  I would also expect other concessions to follow after the first one is approved.  The first AR120 is a question that would tell us how quickly the company and stock price will develop.