You are missing something, my comment was referring to the fact that we have borrowed $300 million plus, just for Algar, the financing was arranged back in November. The $300 M, IMO, was borrowed to early, therefore we are paying about 10.75% on that portion. That portion is now supposedly sitting earning interest, that earned interest is not covering the amount we are paying. I'm only talking about that portion. Hope this clears that up for you 2violins.

Rebel you don't need to reply.