The expansion will allow customers to get what they need and also not force customers to finance junior explorers.

The fundamentals are very tight, and the producers are sold out. If they can produce more, they can easily sell it. And as a result they are very confident of prices rising.

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They can buy whatever brand they want. We will supply the finance.

The finance minister may announce a deficit target of about 4 per cent of GDP, but spending pressures will mean that achieving such a target will be quite a challenge in fiscal 06/07.

We are now working with the Federal Property Ministry, Finance Ministry, and the government apparatus. I think our proposals will be ready in April.