So long, I mean, it’s a long question, but what in your opinion is creating that disconnect, you have some analyst coverage already that they were on the call today and they do a great job following you. What do you think is a disconnect on everything else being equal, Bitcoin pricing $30,000 and you are sitting at an 80% discount to that or 70% discount to that on your share price today?
James Manning: Thanks, Bert. I mean, yeah, it’s a long question and I think it’s a complex set of answers to which I don’t know all of them. Ultimately, I think, 2022 is tough for us. I think there was a lot of concern about our hosting part of being Celsius, but they continue to pay, they continue pay on time and we have got the food security, but I think a lot of people got very concerned about that. And I think everyone has seen that that’s less of a concern than everyone realizes it is and we continue to get paid and we continue to operate the facility with them. So we are pretty comfortable around that. Look, obviously, are miners had a tough year last year, but I think we just got — we got put into the unlocked section of the market, unfortunately.
And I don’t think it’s a fair price reflection. I think there’s a big disconnect between, ultimately, where we think value is and when the market takes value is and I think the discount to NTA is evident of it. I think pound-for-pound, we have put on more infrastructure with less capital than just about anyone else in the market. So I think we have been good stewards of capital and we have delivered on what we said we would deliver and I just don’t think we have been rewarded in share price actions for that accordingly. If we raise a similar amount of capital of the other group — peer group, I think, you sit between number one and number two today. So I think you call out a problem that is one that’s hard for us, but we don’t control capital markets ultimately.
But what we can do is focus on being a profitable business and getting a higher return on our capital and squeezing every last drop out of what we have on our balance sheet to get the most greatest return and great profitability that we had.
Unidentified Analyst: Sure. Understood. And obviously you guys have a high level of inside ownership as well. So certainly, you have skid in the game. But keep up to great work and it’s pretty exciting and what you have planned for 2023 and execution should take care of, hopefully, the share price and value for shareholders. Thank you. That’s all I have.
James Manning: Thanks, Bert.
Operator: Thank you.
James Manning: We have one more from Kevin Dede, I believe.
Operator: Kevin, you may proceed with your question.
Kevin Dede: Thank you. Thanks for taking me back, James. I appreciate it. I want to get back to your infrastructure-first strategy in your view of development and sale. And I think this came up in discussion a couple of times last year as you guys work through the discussion of the Georgia facility sale. And I am wondering how close you are keeping that to your strategic thinking at this juncture or whether or not maybe you are shifting back to maybe would I perceived as the original Mawson when it was Cosmos where you were building to take over the world. So maybe you could kind of reset our thinking there?
