Louis Borgmann: Yes. I’ll take the — I’ll start us off here and see if Bruce wants to jump in. But yes, it’s been our intention to split out Montana Renewables when we reach steady state, and like we said, we expect that to be Q3. As far as all untreated feed, I don’t think we’re at 100% untreated feed. We’re certainly ramping up. Very comfortable with where we’ve been. The guidance that we’ve given of about $25 to about $45 per gallon, obviously, is on untreated feed. So as we ramp up and work through the safety stock that we bought in prior periods of treated feed, the blended average EBITDA won’t quite be that high. But we’re focused on long term about $25 to about $45, and we’re seeing that pretty much now when we look at it on an untreated basis. Right, Bruce?
Bruce Fleming: Yes. We remain comfortable with our guidance. Remember that these California indicators that everybody likes to focus on are not that good a capture of our better position. So between Amit’s question a second ago and yours, we’re committed to proving this in the third quarter. And whether or not we’re ready to carve out the audited financials, that’s up to Vince. But we’ll absolutely be doing a special look, so you’ll get a clear, transparent sense of how that works for us.
Operator: [Operator Instructions]. Our next question will come from Gregg Brody with Bank of America.
Gregg Brody: Congrats on getting the facility — the renewable facility running as you have. My question is more about your optionality here with — in terms of potential limitations, which are MLP status. So is there some limitations to how — how does — does this impact the way you’re thinking about monetizing MRL because you’re an MLP? And is there some limit to how much cash you can take in? And maybe you could give us a little sense of that. And then also, is there any update on timing, specifically around IPO, that we should be thinking about?
Louis Borgmann: Yes. I think the limitation you may be thinking about is around qualifying income. So sale of Montana Renewables through an IPO or otherwise could be qualifying income. I think there are different points of views on that. So if that’s where you’re going, that’s a possibility. Certainly, the plan always has been to make Montana Renewables a at a certain point in time, at the right point in time. So if that’s a step in the process, then so be it. Like I said earlier, I think we have a number of options there as far as sequencing and how we go about that. But we don’t see any major, major road stops in monetizing Montana Renewables from our current position.
Gregg Brody: [Technical Difficulty] too much, because there’s tax consequences for your credit unitholders.
Louis Borgmann: Great.
Gregg Brody: And then maybe just timing on the IPO, it is part of that question?
Louis Borgmann: Yes, I think that’s what we’re trying to hit on earlier. We’ve said around Q1, we’d like to be ready. We could probably be ready late this year, but unlikely that the best market is going to be over the holiday season. So our plan right now is to get ready and see what opportunity the market provides us, and if it’s early in the year, then we’d be available to take advantage of that opportunity.
Gregg Brody: And then just moving on to the MaxSAF. I know you said you’re going to make a decision by the end of the year. Can you help us think about the capital requirements for that? How you fund it? How does the DOE funding potentially fit into that? And maybe provide an update there as to what’s happening with that?
