Jerry Bialek: Thanks, Katy, that’s a very good question. In terms of the timing, obviously, just a couple of years ago now, we went through a restart of the continuously operating line and an additional 25% of those spots. And that took somewhere from 12 months to 18 months to do that. So that will give you a sense — but the time frame if we were to restart the remaining pods at Mt. Holly as well. From the cost side, we’re undertaking that work now. Obviously, it’s a bit hard to predict based on past experience, given the cost environment that we found ourselves in over the past couple of years. So, we’re actually undertaking that work, working through what the cost would be. And I think we should be in a better position to give you some better figures in Q4 or Q1.
Operator: Our next question is from Lucas Pipes with B. Riley Securities.
Lucas Pipes : One of my goals for this evening is to get continuing education credits on U.S. tax law. And I really appreciate your taking all these questions. I have one more. It is a credit, right? So, it’s not a deduction of U.S. federal income tax it’s a credit. So, whatever the amount is, this is a cash reduction of your operating costs, correct?
Jesse Gary : Well, Lucas, I think you know I used to be a lawyer. I wasn’t a tax lawyer. So, plenty of disclaimers around that, and I can’t give any continuing credits directly. That said, you might imagine I have read the law — and again, until we have that guidance, this is all very preliminary, and we can’t say for sure. But what the law does provide is that for the first five years that a credit would be realized, that credit would be a direct pay for the cash credit are you going to elect to have it via cash credit, if you’re not otherwise a U.S. taxpayer. — or you don’t otherwise have U.S. U.S. taxable income during the period. After the first five years, that direct pay per vision to phase out and the tax credits become tradable.
Operator: Our next question is from Timna Tanners.
Timna Tanners : Two quick follow-ups. One was that — my team and I were kind of confused, actually, we weren’t 100% clear on how to think about the impact from Jimocobeing closed — it sounds like most of October, so if part of September was $16.9 million equipment failure. Is it going to be an increased amount into the fourth quarter and then assuming that’s not going to be in your adjusted EBITDA, but just for our own calculations.
Jesse Gary : Thanks, Timna. Good question. It is in the guide what we expect for Q4 impact to be. So, it’s included in that guide.
Timna Tanners : Wait, but you excluded the Jamalco equipment failure from third quarter EBITDA guidance. So, we didn’t think that you would include it for the fourth quarter.
Jesse Gary : Yes, it is excluded, but the impact — sort of calculated as we run through those results, but it is adjusted out. That’s correct. As you might imagine, kind of we haven’t closed the books for October event. So, it’s a bit difficult to say exactly what that will be. But we do expect that at that point of view will it fully in through any deductibles, frankly, well before that. So, all of that should be recoverable dollars, which is why we decided to test it out. Does that makes sense?
Timna Tanners : Okay. But you aren’t going to — but for the fourth quarter, you’ll include it and not exclude it. Is that what you’re saying?
Jesse Gary : Sorry, no, no, we’ll adjust it out. What — I guess what I’m saying is dollar for dollar, it should be included under the insurance policies deductibles already have been well before that.
Timna Tanners : Okay. But the fourth quarter relative to the third quarter, would you expect at larger similar, smaller? Just not clear on the dynamics given us out for a longer period of time in October. Or do you not know?
