''Trying to reduce our capital cost or keep them in the range of 2008, we think we're going to be able to do that''

I stopped taking Elmer's word as fact after he was unable to meet any of his deadlines. The most recent example is when he told us 8 weeks ago that "we expect the Mira in 2 weeks". I don't think we can put a lot of weight on a quote from Elmer from a year ago.