The price ranges in Resource-Net’s reports are developed through regular dialogue with industry participants and other sources. The ranges represent transactions over the entire month. We neither seek nor receive information about individual transactions. Our prices are not subject to regulatory supervision, so they should not be interpreted as being equivalent to market indices as produced by “price reporting agencies”. As reports are typically published at the end of each month, the pricing indications are effectively historical. If any subscribers consider using our prices in sales agreements, they should take note of these comments.