RE:Ilmenite backlog Paul Vollant: Yes. So there’s no way to hedge ilmenite, such, as considered kind of electronically traded commodities. But the good news is that ilmenite, is a much more stable commodity in terms of price if you compare it to vanadium, right? The variations are much lower. We’re able to secure some contracts forward at a fixed price. But we cannot really say that we’re hedging, right? Well we can fix prices, two or three months ahead, maybe, as long as six months ahead, but not much more. And yes, so our strategy is also to follow the market. But again, I mean, this price is much more stable than what you’ve been used to in vanadium. In terms of price level, it’s still, somewhat, we’re still in a price discovery phase, because the price of ilmenite is not increasing linearly with quality.
Actually, you’ve got massive premium for higher quality product, which – is where we’re getting to now. So the prices that we achieved in our initial sales for the material that, we produced during the ramp up at lower quality, should be very different in a few quarters, when we have stable production at higher grades. So, we can probably give you more color on that in the next – either next quarter or the following month.