Question: “Is there a chance the rate can come in higher than $3.22?”
I believe it’s going to come around $3.80. So, yeah, I think it’ll come out slightly above $3.22. I think it’ll be $3.22 plus cost of living increases in there. And one thing you have to look at too is historically Iraq has always been slightly above Kuwait…Where’s Kuwait today? $3.24…If Iraq has always been slightly above Kuwait for many, many, many years…it’s probably fair to assume when this happens, Iraq will come out above Kuwait again… : Jeff
