Mr. Brian Purcell:

In terms of timing, it can be advantageous to commence a project at the tail end of one year and operate on the basis of spending 20% in the first year, 60% in the second and the balance in the third year. That can enable one to be as flexible as possible with a diminishing capital budget. A significant level of planning goes into it and the bigger projects, of their nature, must be completed using a multi-annual plan. The points made by the Deputy are very valid and we will certainly try to take them on board as far as we can.