And then further on in that paper, back in March of last year, Minister Shaw went on—there was a piece that was redacted, but after the redacted piece it says in the very next paragraph, "Minister Shaw explained that a technical reserve …" before going on to say that the auctioning would start without one. So he's made it clear that his view amongst his Cabinet colleagues was that no reserve was required. But then in a further paragraph, and this shows how fluid and how mixed up the Minister's thinking was back in March of last year—he then went on to say, "However, I recommend the proposed regulations be set without providing for a technical reserve price at this time." He acknowledged that there was a risk without the technical reserve price, but he said officials, and this is a quote from the Cabinet paper, "Officials advised me that this risk is low and that the options are likely to still clear in line with recent secondary market prices." He says, "Officials will be monitoring the first auction in March 2021 in order to develop advice for how to fix the technical reserve price in the next amendment bill to the Act."