Mr. Brendan McKenna:

The process by which the actual harvesting rights would be for sale has not been determined yet, other than the evaluation that is under way. No one has indicated whether there will be an extension beyond the 80 years. We have received clear instructions relating to 50 to 80 years, which is two crop durations.

Irish Forestry Funds is an investment fund which invests in immature forest for development and sale. It is simply that. It is an investment vehicle which buys and then sells at the appropriate price. I do not believe it would have the financial capability to be a serious bidder on its own for the business as it stands, but it may merge with other groups if and when the outline of the request for tender is issued.