Mr. David Duffy:

I do not have a strong view on that issue. I do not know enough about it because it is not something that is clear. What would be the governance structure? What would be the ownership structure and for how long? What conditions would be attached? Until we know all of these elements, it would be hard to have a positive or negative view of it. The most practical measure we have adopted, in recognition of the uncertainty in many areas, is focusing on delivering success within an environment we can control. Then, if there are further benefits to the ESM or some other model, we will, of course, address them at the time, but we do not have a strong view on it at this stage.