Mr. Bill Stanley:

The issue is probably best addressed by the proposed commercial statement. To add to Mr. Murphy's response on the issue of legal advice, Deputy Martin Kenny stated that Coillte had indicated that legal advice was given to the partners. That is not correct, and if we made such a statement, it was incorrect. Having gone through our records, they show that each partner had independent legal advice paid for by the partner. We did not give partners legal advice at any stage.

On the value of timber, the commercial statements we are producing for our partners will detail a number of matters. They will summarise the contract, set out payments that have been received to date and the basis on which they were calculated, and detail future payments based on forecasts. The basis for the calculated forecasts will include the volumes of timber we expect to extract and the years in which we expect to extract them.