Mr. Michael Cavanagh:

For those who really do not understand the industry, one might wonder why we catch our fish in Scottish waters rather than Irish waters. In terms of the quality of the fish, from October to this present day, the fat content is high. Japanese will stop buying fish in Killybegs tomorrow, and they are a big player in it. Once they stop buying the price of the fish drops. It is important that we are able to catch the fish when the quality is right, because after the third week of January, the roe content in the fish starts to increase and the value is less. That is the reason for the vessels catching their fish in Scottish waters. That is very important. We might lose out in percentages, but we will lose even more when considering the added value and the quality of the fish.