now via skype from bergen in norway is peter holguin he's the program director at the institute of marine research and professor at the geophysical institute of the university of beg and very good to have you with us peter thank you for your time so why is there a rush to mind seabeds well i think there may be several reasons it's been coming back the last couple of years but i actually 3040 years ago there was also a rush of people realize that there were minerals on the sea but i think no there may be so reasons there is electrification of the economy. and the various suppliers but in this realization in general alone i would also thought so will the suppliers from from learn based mineral exploration there is some geo political hay. specs not all minerals are available on every market and people then look for other places to find these minerals and speaking of these other places many advocates of seabed mining say china has a monopoly on rare earth minerals so we must all find other reserves you agree with that well i understand their concern that when resource is located only one place and you