Thank you.
That's an interesting question, and it's interesting that you refer to that paper, because he talks about some trends for which other explanations have been offered by Mr. Picot this morning as well. I think that emphasizes that a lot of these matters are quite complicated.
Yes, Mr. Richards has just joined the council. We haven't had any decision-making meetings yet with our new board, so what he has published is under his own right, and it's fair to ask him those questions, I think. This isn't necessarily the council's view at this point, so I can't comment on his particular research, unfortunately.