Thank you. I thought you made a very powerful presentation, so thank you for that.
My next question is to either Mr. Nelson or Mr. Hickson.
I wish you all the best of luck, but this government has revealed a somewhat negative attitude towards science and research funding. I wouldn't be terribly hopeful. They tend to prefer populist initiatives, using instant gratification, whereas your kind of project provides the payoff in the medium term. I support it. We are on the record as strongly favouring more funding for innovation in research and science, because that's where the jobs of tomorrow are going to come from.
If we look at your project, specifically at the $160 million, is that justified on the grounds of some sort of public good argument for researchers, for universities, or is it a subsidy for a profit-making private sector company? The case for it, I think, depends a little bit on who actually gets the money and how it's justified from a public policy point of view. I wasn't quite clear on that from your presentation.