First of all, I won't comment on the mining sector as a whole, but I will comment specifically on the rare earths.
The issue on the particular rare earth situation is that when you have a country like China controlling so much of the world's supply, they can move that commodity price up and down, as they did in 2011. They have the ability to move it from what in essence is a profitable entity into a losing entity. That's why you need the government to step in to go alongside investment and say they understand what's going on, but they are saying to the marketplace that this is going to happen. We are going to be a producer of these particular rare earth oxides, which are needed to make the permanent magnets for electric motors. Once the government steps in alongside the private investor to get this done, the marketplace will then step in.
What the marketplace is concerned about is the fact that when you have a state like China controlling so much of that market, they can move that commodity price up and down. That is the issue with the rare earths. That is not the issue, as I understand it, right across the mining spectrum.