Since implementation is always a wild card as China struggles to build nationwide uniformity in the legal system, there will always be concerns about inconsistent or selective application of the law.

These sales declines will result in significant markdowns, which will be booked in the third and fourth quarters,

All 15 towns in the watershed that are up for new permits will get their new permits sometime in the coming year, hopefully by the spring. It will be interesting to see how many then ask for administrative law review.

We will continue to explore ways to reduce both mining and processing costs through increased efficiencies. We are extremely excited by the results we are seeing to date.

I feel confident, but always, you can't take anything for granted. It will be tough, but definitely doable.

Some of the top teams in the state will be there. We're ready to run against some of those teams and assess where we're at as a team.