[Iraq boots-on-the-ground report] FIREFLY:
Sudani comes out and he mentions that we are in the completion phase of the HCL. We know the HCL needs a rate. Sudani said the payments would be through the electronic cards, not cash. We think that’s because cash would give us 1310 but through the cards we think it’s going to be with a new rate. FRANK: I do not know this for a fact but I agree with you totally that your cards they are based on a new exchange rate. It makes no sense for them to be based on a restricted program rate…
