Miguel Garcia | 00:03
Sorry for the delay.
Mariela Quinones | 00:04
Hi, everyone. Another
Miguel Garcia | 00:07
Meeting. We're just waiting for, for Osbaldo to start. Let's give him a couple of minutes, okay?
Mariela Quinones | 00:26
Fabian.
Miguel Garcia | 00:55
Eddie, That's a nice view, man. I can't hear you. You're on mute.
Eddie PowerX | 01:07
I said I'm finally home. I haven't been home in six months. I've been in Puerto Rico. I just got back like three days ago. I refused to leave and they finally said, you got to get off the island.
Miguel Garcia | 01:21
Okay,
Eddie PowerX | 01:23
Hopefully I, I, hopefully I have to come back soon. Yeah,
Miguel Garcia | 01:31
Hopefully. Let me give one second. I'm, Give me one second. I'm. We're waiting for, for Osbaldo in one second. He's having trouble joining.
Eddie PowerX | 02:09
Hello, Thomas. Hello, Landon. Abraham, like always. Your hair looks amazing, Abraham. Right?
Miguel Garcia | 02:25
Very sharp,
Thomas McAndrew | 02:26
Very
Miguel Garcia | 02:26
Sharp. And like
Eddie PowerX | 02:46
That's
Miguel Garcia | 02:47
What I was saying.
Eddie PowerX | 02:48
Nice
Miguel Garcia | 02:48
Background, right?
Eddie PowerX | 02:50
That's 
All
Miguel Garcia | 02:52
In the office. Tanto, Tanto gylocomo, pal.
Mariela Quinones | 04:13
Okay. Yes. Welcome. Osvalo. Hi. He
Recoms Group | 04:17
Solved
Mariela Quinones | 04:17
His technical
Recoms Group | 04:18
Issues,
Mariela Quinones | 04:18
Difficulties.
Recoms Group | 04:24
How are you? We're
Eddie PowerX | 04:27
Fine. Good to have you. Thank.
Recoms Group | 04:33
I know that, that you held, you had a meeting last. Yesterday. Yeah. And that some of the issues that I'm going to address were probably already discussed. But what we're here for, basically, basically clarification.
Eddie PowerX | 04:54
Let
Recoms Group | 04:55
Me begin with the model contract that was sent. There's a clause. What was the clause, Marina, that you have an issue with?
Mariela Quinones | 05:11
Yes. There was a clause provided on the model contract that established that you could be able to assign the contract to any, any person that was financing or a third person without consent, without the agreement of the government of Puerto Rico. And, and that was a thing that we have to bring to the table because obviously that's, that's something that we know that the, the stakeholder is not going to agree to. Usually
Recoms Group | 05:40
The clause would say something to the effect that it will require the consent of the government in this case and that the consent will not be withheld. Not
Thomas McAndrew | 06:02
Be reasonably withheld.
Recoms Group | 06:04
Yeah, exactly. Yeah.
Eddie PowerX | 06:08
And that's fine. That's something that, it's not a deal breaker for us, I'm pretty sure, right, Thomas? I mean, we want,
Thomas McAndrew | 06:16
As long as it has that clause following it.
Eddie PowerX | 06:19
Yeah, yeah.
Recoms Group | 06:21
Yes.
Eddie PowerX | 06:22
Another
Recoms Group | 06:23
Issue that we wanted to discuss has to do with the initial use of the diesel that is contemplated. So there we will have to establish some sort of deadline because right now it is like an open proposition, the use of diesel. So what we're asking is that, that you propose a reasonable time. Yes.
Thomas McAndrew | 07:01
The time to transition to LNG is what you're saying,
Recoms Group | 07:06
Right?
Eddie PowerX | 07:07
Okay.
Thomas McAndrew | 07:07
Yeah.
Eddie PowerX | 07:07
And the only reason that we. Because we understand the importance and the situation in Puerto Rico. So we wanted to get as much as much power up and running quickly. Right. It wasn't going to be yet, so. But yes, we can define that in our contract. We can give you guys dates. That's no problem.
Recoms Group | 07:32
And we don't have a problem with that. The only thing that is we want to know what's going to be one month, six months, a year. What are you
Eddie PowerX | 07:39
Proposing? Yeah.
Recoms Group | 07:40
Okay. Okay.
Eddie PowerX | 07:43
That's
Recoms Group | 07:43
Obviously because there are cost considerations involved, right?
Eddie PowerX | 07:47
Absolutely. That's
Thomas McAndrew | 07:49
Fair.
Recoms Group | 07:54
You informed that you were involved in negotiations for the purchase of the diesel. So
Eddie PowerX | 08:08
We
Recoms Group | 08:08
Want to know if those are negotiations that are ongoing, something that there's a preliminary agreement whether this is something that could happen or not within the next month. What is your timeframe there?
Eddie PowerX | 08:29
Well, right now we have several providers. Right. We send two of our providers with you guys and then we have two other providers in Puerto Rico before our equipment is. As a matter of fact, this week we were only waiting was to get awarded to have a contract solidified contract, a binding contract with our supplier. So acquiring the diesel or the LNG is no problem. We already have the providers, you know, agreements and other eyes. We're just waiting to get an award so we can go ahead and move forward with them. But that would be immediately.
Recoms Group | 09:17
Okay, so that's something that should be happening soon.
Eddie PowerX | 09:22
Yes, sir, right away. As soon as we get the intent to award, we can get everything finalized with our procurement people. Can finalize everything. Yes, sir.
Recoms Group | 09:35
Okay.
Thomas McAndrew | 09:36
As
Recoms Group | 09:37
To the gas, there's no issue.
Eddie PowerX | 09:39
No issue
Recoms Group | 09:40
Whatsoever.
Eddie PowerX | 09:41
No issue
Recoms Group | 09:42
Whatsoever.
Mariela Quinones | 09:43
And when you say no issue, Eddie, you're talking about the barge in Ponce and taking it with isotons to. To the site. We're discussing particularly Agatha. Okay.
Eddie PowerX | 09:55
Yes. Yes.
Mariela Quinones | 09:57
In parallel, you are thinking of building a gasification system.
Eddie PowerX | 10:03
Yes, that's exactly what we're. That. That is what we're proposing. Yes, 100%. Sapphire is coming in to build the gasification plant. Yes.
Mariela Quinones | 10:13
Okay. Fantastic. Okay, that's very helpful. Thank you.
Recoms Group | 10:21
We understand that as in the past, you're not going to be requiring a lot of credit nor advance,
Eddie PowerX | 10:31
But
Recoms Group | 10:32
You are going to be requesting an annual capacity payment.
Eddie PowerX | 10:37
Right.
Thomas McAndrew | 10:41
It will be a capacity payment that you know whether that's annual or monthly. Yes. If there is not a minimum number of run hours,
Recoms Group | 10:49
It's
Thomas McAndrew | 10:50
Consistent with what we proposed. Yes, that is correct.
Recoms Group | 10:57
Do you have the table that Only includes.
Miguel Garcia | 11:01
Yes, sir. Give me one second.
Thomas McAndrew | 11:06
So
Miguel Garcia | 11:07
We kind of talked yesterday about your numbers. I kind of ran them just to see. I just want to go through them with you just to say if this is correct. Of course, taking from your numbers, obviously, if we have. If we commit to 8,000 hours, there's no capacity payment. It's just a 23. Well, the 24 cents. 24,5 cents. If we do.
Thomas McAndrew | 11:38
If
Miguel Garcia | 11:39
You. I see this basically as a percentage. So let's say we commit to a 75 percentage. That'll give me an increase of 3, 3 cents per kilowatt hour and so on. It'll give me an increase of 9. And then 27 is basically a 54% increase if we only commit to 2000 hours a year. Is that. Well, I ran the numbers. I just want to corroborate with you. Yeah. If they're
Recoms Group | 12:12
Correct
Miguel Garcia | 12:13
Or
Recoms Group | 12:13
Does that looks okay to you? I
Thomas McAndrew | 12:17
Mean, it's, it's. You're doing it. You're running it in a way that's slightly different than I've seen before. I mean, it. I think I generally understand what you're doing. You're just amortizing it over a smaller number of hours.
Miguel Garcia | 12:31
I'm just.
Thomas McAndrew | 12:31
I'm
Miguel Garcia | 12:32
Just amortizing by the kilowatt hour.
Thomas McAndrew | 12:35
Right.
Miguel Garcia | 12:36
So I know, what is my adder basically? What am I adding to
Thomas McAndrew | 12:42
My price? I mean, the logic on this is that you take it down to 
Know, you 
It down to one hour, it's basically infinity. Right. But it's. It's a capacity payment. It's the option on energy. So I understand what you're doing, Miguel. I'm just. I'm not sure if that's the correct way to characterize it. The other thing is in your column, J.
Eddie PowerX | 13:04
Your
Thomas McAndrew | 13:04
Total cost is going down too. Right? So you're right. You're going from.
Miguel Garcia | 13:09
It is going down, but my hours are going down.
Thomas McAndrew | 13:12
I understand, but it's in its capacity. So again, take it to its logical extreme. You go to. You go to one hour, it's going to be infinity. Right. So I understand exactly what you're doing, but at the same time, we're installing an asset. And again, what we proposed was 8,000 hours, which is the lowest. And again, if you want to bring those hours down, we still have to get capital recovery. You're not. The reason the total dollars are going down is because you're not paying for the variable cost, the fuel and non fuel variable costs. You're just paying for the capital recovery.
Miguel Garcia | 13:49
I
Thomas McAndrew | 13:49
Don't think that's.
Miguel Garcia | 13:50
I understand. Thomas. I. All
Thomas McAndrew | 13:51
Right,
Miguel Garcia | 13:52
I understand. Okay. I understand the numbers. I just want to know if they are in your ballpark or if I am incorrect. And we're
Thomas McAndrew | 14:03
Trying
Miguel Garcia | 14:03
To.
Eddie PowerX | 14:04
Right,
Thomas McAndrew | 14:04
Remember.
Miguel Garcia | 14:05
I'm trying to compare. Okay, we have. Obviously, this price change is going to be 24 or 5, but this is the price that I'm. I'm gonna have to present. And I'm going to say, okay, this is the price the power expectations gave me. But it's only available if we commit to the 8,000 hours. If we don't, then we're going to have a capacity payment. And their logic is not going to go, then how much is that annually? They're going to go, how much is that going to increase me per kilowatt hour? So I'm gonna have to go, okay, so if you commit to only 75, that's gonna bring your price 26. And that if you commit to 50%, that's gonna bring your price to 32. And if you commit only to 2000 hours, that's gonna bring your price to 50 cents per kilowatt hour. But.
Thomas McAndrew | 15:05
But those are the minimum commitments. You always have
Miguel Garcia | 15:08
An option.
Thomas McAndrew | 15:08
I
Miguel Garcia | 15:09
Know.
Thomas McAndrew | 15:09
Run more than that. And so this doesn't capture that. In other words, if you commit to. To 2000 and you run 6000. Right. The dollars per kilowatt hour is going to go way down. So
Miguel Garcia | 15:22
I
Thomas McAndrew | 15:23
Understand what you're doing, Miguel. I just don't. In a. In this type of deal, I'm just not sure if that's the correct metric for apples to apples. Because again, you can. You can, you can easily run more.
Miguel Garcia | 15:36
I understand.
Thomas McAndrew | 15:37
I'm
Miguel Garcia | 15:38
Trying to present. I'm trying to present to the board.
Eddie PowerX | 15:42
Okay.
Miguel Garcia | 15:42
That if they run more, their price is going to be better.
Thomas McAndrew | 15:46
Yes,
Eddie PowerX | 15:47
Of
Miguel Garcia | 15:47
Course. Remember we had the problem last time that didn't want. Commit. That they do not want to commit to amount of hours. So I want to present to them, if you run more, you're going to get a better price. If you don't, you are not going to get a better price. And obviously, these are the prices they're going to have to pay annually if a. If they. If they don't commit to, let's say, 100%, let's take this as 150,
Eddie PowerX | 16:21
Obviously,
Miguel Garcia | 16:22
75, 50 and 25% to make it, well, a little easier. So
Eddie PowerX | 16:30
If
Miguel Garcia | 16:31
They commit to 100%, that's going to be zero additional hour, zero additional
Thomas McAndrew | 16:36
Dollars,
Miguel Garcia | 16:37
Plus from the 23 cents that you're already charging per kilowatt hour. Once you start deviating for that,
Eddie PowerX | 16:45
You're.
Miguel Garcia | 16:45
If you only commit to the 2000 hours, you're going to be paying $108 million a year. Additionally from the, from the,
Eddie PowerX | 16:55
From
Miguel Garcia | 16:56
The. 23 cents. The, the, the, from the. That you're gonna burn. Of course. So I, I, I wanted to present it in a way because I know you presented it in a monthly basis, but it's not, it doesn't seem clear, at least for me, since the project is, is. That's why we asked everybody to put it in a kilowatt hour rate so we can compare apples to apples. So if I say power is, you know, give me 24 cents. Well, it's 24 cents. Is that all inclusive? Yes, but it requires an $8,000 commit. 8,000 hour commitment. If it doesn't, that does. Price is not going to be 23 cents. It's going to be 26 if it's only at 6000 hours. So I just want to, that's why we asked everybody to put it in a kilowatt hour rate, so it would be clear. So that's what I tried to do here. I just wanted to run the numbers by you 
If you
Thomas McAndrew | 18:04
Can you
Miguel Garcia | 18:04
Seen, have
Thomas McAndrew | 18:05
You seen
Miguel Garcia | 18:05
That this is. I'm presenting this unfairly or I'm presenting this in an incorrect way. You are more than welcome to present your own, but please try to
Thomas McAndrew | 18:19
Present
Miguel Garcia | 18:19
It.
Thomas McAndrew | 18:20
Sure.
Eddie PowerX | 18:21
Miguel,
Thomas McAndrew | 18:21
Can you Double click on M4? I just want to see the formula. Sure. Just on M4. Yeah. You're taking total annual cost divided by total annual megawatt hours.
Miguel Garcia | 18:46
Yeah,
Thomas McAndrew | 18:49
Because
Miguel Garcia | 18:50
Total annual cost has already the, the annual energy.
Thomas McAndrew | 18:54
The
Miguel Garcia | 18:54
Annual energy cost and the annual capacity. So
Thomas McAndrew | 18:57
Yes,
Miguel Garcia | 19:05
Since this is a megawatt hours, that's why it's divided by a thousand.
Thomas McAndrew | 19:16
I mean, I agree with that, that methodology. Right. And the way you're displaying that. I don't again, I, it's, it's a minimum commitment. So I'm not sure if that's accurate. Accurately representing what
Recoms Group | 19:31
Prepa
Thomas McAndrew | 19:32
Will end up paying either though, right?
Recoms Group | 19:35
Yes. You're
Thomas McAndrew | 19:37
Saying if
Miguel Garcia | 19:37
You run
Thomas McAndrew | 19:37
At the minimum.
Miguel Garcia | 19:39
No, I know, I know. I don't want you to run at the minimum.
Thomas McAndrew | 19:44
I
Miguel Garcia | 19:45
Want,
Thomas McAndrew | 19:45
I
Miguel Garcia | 19:45
Want Prepa to understand that if
Eddie PowerX | 19:48
They
Miguel Garcia | 19:49
Run at a
Thomas McAndrew | 19:50
Minimum,
Miguel Garcia | 19:51
It's going to cost them more.
Thomas McAndrew | 19:54
Given what you're
Recoms Group | 19:56
Describing,
Thomas McAndrew | 19:57
This is an accurate way to communicate it. So.
Miguel Garcia | 20:03
Okay, again, you're more than welcome to submit anything additional you would like to, you know, to, to present if you want to present it in a different way.
Recoms Group | 20:14
And there's something very important to note. Once we finalize our negotiations and we have a contract and you're ready to provide the power, the electricity, there are going to be a group of people that are going to be in charge 
The need arises to determine who's coming online. And those people will have in front of them the cost, and they're instructed to choose the most economic alternative that they have in the moment. That could be true when deciding whether to use a local base unit or use you people. So technically, you could be running as a base unit as long as you're the best price. So that is something that you have to
Eddie PowerX | 21:33
Take
Recoms Group | 21:33
Into consideration. Because this is tricky because with all this information, those people that are going to be dealing with this, who are they going to turn on? Their default has to be the best price.
Thomas McAndrew | 21:52
Yes, it's the best price with,
Recoms Group | 21:55
With
Thomas McAndrew | 21:56
Dependable capacity. Yes,
Recoms Group | 21:58
Yes. But I don't know how that's going to work with them where you're saying, okay, we're going to use these people, but right now we could be paying 50 cents
Eddie PowerX | 22:08
Unless
Recoms Group | 22:09
We use X amount. How are they going to go about in handling that situation? That's one of our concerns. But
Thomas McAndrew | 22:21
My experience is they dispatch based on the actual cost they will pay when that unit runs, not based on some sum of fixed and variable costs. So most of the dispatch models that I'm used to anyways, and this could be completely different from what, as far as how Loom is managing this, again, it's based on the actual cost. They will pay what, you know, 24 and a half cents relative to wherever anybody else is, you know, where, where that sits in the stack. So that's what they're paying. They're not. They're not going to pay. They're not going to dispatch it based on $0.50 or $0.35 or $0.32. Right. It's
Recoms Group | 23:04
Based
Thomas McAndrew | 23:04
On the price they will
Recoms Group | 23:05
Pay.
Thomas McAndrew | 23:06
If it's different than that, I'd like to understand it. But
Recoms Group | 23:16
The thing is that, that we're right now basically negotiating preliminarity with three different proponents. And we do have fixed prices under 24.
Eddie PowerX | 23:40
And that's understandably. And we spoke yesterday on this. If you're comparing apples to apples. Right. We proposed 800 megawatts. Okay. So the infrastructure alone, I mean, we're somewhere. The gasification plant is over a billion dollars. We're over 1.5 billion on just the power generation. So we're talking about over Two and a half billion dollars of infrastructure for Puerto Rico. I'm not, you know, this is not 150 megawatts we're designing. And I can tell you one thing, not to sound cocky or offend anybody, but there's probably nobody better than Enchanted Rock when it comes to efficiency, reliability. I mean, they're the best at what they do. I mean, they have companies behind them like Microsoft, Walmart, the biggest. I mean, so it's been an honor to see these guys, what they do. I mean, and I can, I can assure you no other company that's competing with us has the capability of Enchanted Rock.
Recoms Group | 24:54
And what would happen if you was, if you were awarded 400 instead of the.
Eddie PowerX | 25:02
I, you know, we're here to serve. Right. If we were awarded the 400, we would do the 400. I mean, it's, you know, I think Puerto Rico would make a mistake. I think they have somebody amazing what we have to bring to the table, you know, but we would, we would definitely take the 400. I mean, if that's what you guys are awarding us
Recoms Group | 25:29
And the prices that you're providing right now, they be altered in any way by the 400 instead of the 100.
Eddie PowerX | 25:38
I mean, we would have to. I can't give you a number right now. We would have to get to our technical team, move some things around. But yeah, it would definitely affect the price, whether it. It might go down or up. Right. Because their capital recovery would be less. Less fuel. Understand that in the time frame we're running, you know, we designed this whole project to run two sites simultaneously on build, even going as far as 24 hours of construction. Right. And so we wanted to make sure that we can meet the, the, you know, the deadlines without no excuses. So we were prepared to run 24 hours in construction, moving dirt, making sure that, that infrastructure that we can meet those timelines. But I'm pretty sure that the numbers would change if there's a lower number. So, so we would have to.
Recoms Group | 26:40
And obviously your capital investment would be less.
Eddie PowerX | 26:44
Our capital investment will be less, yes. Okay.
Recoms Group | 26:47
So I'm not trying to tell you that we're going X or Y route, but we do need to present all the options to the stakeholders. So that's, that's a consideration.
Eddie PowerX | 27:07
Remembering
Recoms Group | 27:08
That last time we negotiated, there were no guarantees, there were no other credits, and basically we didn't have the model that you're presenting now. It is another story that we have to see how we can sell because the prep. Basically
Eddie PowerX | 27:39
Issue
Recoms Group | 27:39
An order understanding that they will be getting, or the people of Puerto Rico will be getting a better price if we took the contract to 10 years. And that's what 
Expecting. 
See,
Eddie PowerX | 29:16
Are the, and, and can I just reiterate this? Are they building another gasification plant like we are? I don't think they are because
Recoms Group | 29:27
They're gonna. Yeah, they, they're gonna bring one, basically. They're
Eddie PowerX | 29:31
Gonna, they're gonna bring an fsru. Are they building. We're building, we're building a gasification plant that'll be there far. It'll outlive me. Okay, so it's those, those are the things that we have to keep in mind, that the equipment that we are, that we're providing, the infrastructure that we're providing is going to be there way longer than this contract. You're, you know, this is a game that's being played for the next 25 years. So it's something that benefits when you, if you can, if you can measure that equally, then. But take that in consideration, please.
Recoms Group | 30:17
No, we're taking that into consideration and everything you tell us is going to be part of the report. But obviously, Eddie, if you take into consideration what is the most important issue here in Puerto Rico is the price of electricity, when we are telling the people that you're going to have something that's going to be there for 100 years, Visa vis paying 18 cents or, or 19 cents per kilo hour, what do you think they're going to prefer?
Eddie PowerX | 30:52
I completely, I completely agree with you. I think the most important thing is reliable energy. Right. I want
Recoms Group | 30:59
To
Eddie PowerX | 31:00
Be able to have the light. That's, and then I think second would be price. So when, when they, 
The bureau picked that model that we had, right. I, I and I submitted a copy of that model, it was clear, it was very clear that it was 8,000 with mobilization. Okay. This, at that time, there was a lot of different variables. One of those variables being some of our equipment, right. Is now tariffs. So a lot of things had to be moved around because of the timeframe. This is very time sensitive. Right. And so when we procure equipment and have equipment on hold, if we don't close on equipment, equipment constantly gets moved around with all the data centers being built around the world. And so that's what happens. So our price, it went up. What are you looking from us to be able to close this deal, Eddie?
Recoms Group | 32:09
We don't,
Thomas McAndrew | 32:10
You
Recoms Group | 32:10
Know, the way that we work is that basically the, the stakeholders are the ones that provide us with the negotiating agenda. So, so they decide what is the price, what they're willing to do, what guarantees that they're willing to give it, if any. Right now, what you're presenting looks like a take or pay.
Eddie PowerX | 32:36
That
Recoms Group | 32:37
Is not one of our goals, or it's not one of the goals of the stakeholders. So we're not authorized to even negotiate with you what is equivalent to take or pay
Eddie PowerX | 32:56
Because
Recoms Group | 32:56
They're not contemplating that right now.
Eddie PowerX | 32:59
I'm
Recoms Group | 32:59
Not saying with this that eventually somebody may decide to consider that there may be a way to sell pay. It's not in the agenda right now. What I'm looking from you
Thomas McAndrew | 33:19
At
Recoms Group | 33:19
This point is to give me the best price possible. 
And 800, establish a difference there based on the, on the capital investment that's going to vary.
Eddie PowerX | 33:34
And,
Recoms Group | 33:35
And tell me what's the best thing you can do because I do have one of the companies that is coming forward with a number below yours and we're not going to have to deal with a take or pay.
Eddie PowerX | 33:56
Okay?
Recoms Group | 33:56
So that's something that we have there.
Thomas McAndrew | 34:01
Whether
Recoms Group | 34:02
That company is the best or it's not the best alternative. And there are considerations we have to analyze and determine whether they should be the best choice. That's part of the process that we're holding right now. But definitely you're coming from better prices and better alternatives in the past, and that's the standard that you're dealing with. So we need you to reconsider. And I think this is a very good opportunity for anyone. If you see what's happening right now, we have a deficiency and we have blackouts in Puerto Rico. So definitely somebody that's here and it has the capacity, they're going to be making the money. All the conversions that are going to be made from diesel to gas and, and all the maintenance that has to be done that has not been done for, for years are going to require that additional generation
Eddie PowerX | 35:19
That
Recoms Group | 35:19
Company such as yours can provide. So,
Eddie PowerX | 35:24
So let me, let me, let me get this straight, okay? If I go back, okay, and figure out how to get, how to drop this price, you guys can give me a bankable contract, Is that correct?
Recoms Group | 35:40
We have to choose you first and that all the terms that we can agree to are, can be approved, but we'll give you
Thomas McAndrew | 35:52
All
Recoms Group | 35:52
You need.
Eddie PowerX | 35:53
Okay? Okay. So
Recoms Group | 36:19
We're running against the clock, let's put it that way. And we would like to make a decision before fighting.
Eddie PowerX | 36:26
Okay, we can have
Recoms Group | 36:28
That information
Eddie PowerX | 36:29
For you today. Actually,
Recoms Group | 36:30
Our second deadline that was imposed is tomorrow,
Eddie PowerX | 36:34
Wednesday.
Recoms Group | 36:34
So even if we Miss that one. We don't want to miss Friday.
Mariela Quinones | 38:25
To address that question. On our previous RFP as a strategy, we had tried to not do an award because it is. The award is what starts the reconciliation period. So we tried to do the award the last 
We were trying to. For it to go, and I. I did have this discussion with you, Mr. Abraham. I remember having this discussion that
Recoms Group | 38:47
We could
Mariela Quinones | 38:47
The 
Because that would activate the reconsider. Reconsideration period. But sadly, when we went to Prepa, they required us the award in order to submit it to the board, even. And 
Push 
We said, we can give you the document that we sent and the strategy we have. And the answer was no. So we are going to. Unless they change their mind because of what happened last time. I'm assuming that the answer is going to be, I need the award letter. If that's the case, then the reconciliation. The reconciliation period would start immediately after we. We give the award. And we do not control the. What the other proponents do and the other proponents, you know, what happened last time. So let's see. Okay.
Recoms Group | 39:46
So, Eddie, don't go swimming, because I see a pool behind you. Get to the numbers and let me help
Eddie PowerX | 39:56
You. 
We. We will. As soon as we get off this call, we'll get on a zoom with the team back in Houston. Everyone's all over the place right now, but. Yes. And then we can have. We can have new numbers to you today before the end of business. Is that. Is that okay?
Recoms Group | 40:19
It is. Okay. And if we need to meet again, we'll do it. Yes,
Eddie PowerX | 40:24
We're available. This is priority.
Recoms Group | 40:27
Okay. Okay.
Eddie PowerX | 40:29
All 
Thank you. Thank
Recoms Group | 40:31
Care, guys.
Eddie PowerX | 40:32
Okay. Bye. Bye. 
Bye. Bye.