primarily caused by our decision to construct port facilities capable of handling 100,000 ton vessels instead of the 70,000 ton vessels originally contemplated. Utah's share of this capital expenditure will be approximately $94 million and our preliminary estimate indicates that an additional $46 million will be required from Utah if we go forward with the optional tonnage. Obviously the optional tonnage would put added pressure on our cash resources and would necessitate supplemental financing, but opportunities of this caliber must be seized when they are available. AUSTRALIAN OWNERSHIP When the franchise negotiations were underway, we indicated to the Queensland Minister of Mines that we would give consideration to equity participation by Australian investors in this venture. This is something that I think that we should and must do. First, the feelings in Australia run very strong on this score. One can argue theoretically that Australia, a country short of capital, is not in fact benefited by diverting local capital to a use for which foreign capital can be attracted, but this conclusion would not be readily accepted by many Australians. Because they feel very strongly that they will be benefited and because we are convinced that we will be benefited, we believe that we should make equity participation available to them when the time is appropriate. That time may be near at hand. Second, with the United States restrictions on foreign investment Utah would find it necessary in any case to seek additional capital from