I don't know if they're closer to making it work than we are. You're talking about the Atlantic Sapphire project, which is currently developing a facility in Denmark capable of farming 1,000 metric tonnes of salmon on land at commercial scales, so we're told. We don't know that much about it. It's one that we've been following and will follow carefully. The project started in 2010, so it has not got a long production history. It hasn't proved itself out yet.
I will just make another point. There is private funding in that one. It is a commercial operation, but there is a significant amount of government grants, because I think there's again a sense that it's not economically viable. There is $2.2 million, I think, from governments.
We will correct this information, if we're wrong, but we understand that the cost of production is $4.90 a pound, which is significantly higher than the current market price of salmon—certainly in Canada, and I believe over there as well.
So it is one of those demonstration projects that we're watching, but one that they're trying to make an actual commercial operation. You're absolutely right on that, and we'll watch carefully to see if it's going to provide breakthroughs.
One of these things can well provide a breakthrough, which is what often happens, where they can say, folks, this works and you can do it economically.