I, I'm wondering how you think about it.

Yeah.

Well, this, this is a big... 'cause I, I track this quite closely with, 'cause I have large investments in coal and, um, in thermal coal in particular at the moment.

One of the things you can now see with...

So Qatar was the provider for most of the destination guaranteed contracts, and so when that 20% sort of got taken off, it wasn't only, wasn't only those contracts going, those contracts were some of the lower cost fixed contracts, in particular for Asia.

And so what's left with that being offline, a lot of that's destination flexible, and which just essentially means like a lot of these cargos can be rerouted mid-destination, so they can go to the highest bidder.

And yet here we have the fact that Asia's still short and Europe hasn't...

Do you factor that in?