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Yeah, how are you going to see? Good afternoon. It's my pleasure to be talking to you this afternoon about Dundee Precious Metals. Just wait a moment for the presentation to come up if we can. There we go. It goes without saying that health and safety is a fundamental part of what we do as DPM, but also as mining organizations in general, I'm not going to touch on that this afternoon, but happy to answer any questions that anybody might have. After the presentation, I am going to be making some forward looking statements. I would just caution you to make sure that you do any homework in order to make sure that you understand the proposition for D PM. What I would do though is talking about our organization is really talk about how we are basing our future on four different deliverables. So the one is that we continue to have a high margin as a direct consequence of our first quartile all in sustaining costs that with our stable production. And we have 10 years of delivery meeting, guidance from our mines has allowed us to build a cash position at the end of the last quarter of $707 million with no debt. We have an attractive organic growth portfolio which we've been adding to particularly with with Serbia and I'll be coming to that momentarily and as a consequence of our delivery against our targets at this high margin, we've been able to re to return $215 million of capital as a result of both dividends and buy backs in the last just over three years. I'll just comment on the portfolio mainly from the view of a recent change. So, if I would have shown you this six months ago, we would have included a smelter in Namibia. However, at the end of August, we've exited that position. So what I am going to be referring to this afternoon, our assets primarily in Bulgaria and Serbia. So we have our two existing operations and five hours away from our core asset in Chepe across the border into Serbia. We have Choco requiter and in addition to that, we have some project activity and late stage development projects in Ecuador. We're on track to meet our guidance. We've had a very good performance o over a number of years at our assets and we have a reputation for delivery on our commitments. We certainly look set to do that again, coming to the cornerstone of our assets and we just celebrated at the end of last year, our 20th anniversary with Chape in Bulgaria. This is an asset that we've taken from 600,000 tons a year to 2.2 million tons a year. And along the way, we've managed to continue the outlook in terms of life of mine and we've managed to increase the number of ounces, both in terms of efficiency. So specifically, with recoveries, we've managed to continue at low all in sustaining costs. So for the last quarter, all in sustaining costs for chape were $500 an ounce. And we've also managed to sort of extend. Despite the fact that we've increased our production rate by more than threefold, we've managed to increase the life of mine that has more than offset that so excellent facility, really, really good people and with a incredible reputation from innovation. That's not luck. This is a group of people that really deserve all the credit they can in terms of the way they offset some of the challenges that we have, whether that's in terms of inflationary pressures or performance. So if we think back to the time when I started with the company, we've really increased the recovery. We were achieving 54 per cent in a refractory concentrate. Back in 2012 the last quarter, we were 83 per cent. If we have a look at the potential outlook for Chela, as I mentioned, we've managed to extend the life of mine, the concession continues to provide opportunity and we're actually doing work in what's called Charlotte Dearie within that concession. But more importantly, outside of that, we've also been looking to increase the amount of opportunity through our licenses. And that more recently was looking at what we used to call Svea, which is this license immediately to the north where we've now progressed that through a commercial discovery to the point where now we're basically doing an e to move to a concession and we anticipate having that concession by the end of next year. And also just outside of that, there is the breve license, which we've also just recently converted to a geological discovery. So in addition to what we have the potential to find within the concession at Chepe, we're also adding these other license areas which I would anticipate, allow us to continue to develop and extend the life of mine at Chepe. So moving on, let me just flip past this. If we look at our development opportunities, then I mentioned what's going on in Serbia, but let's stand back and have a look at what's going on with our operations at the moment. So yes, we've had good performance, but we also have one of our assets is a relatively short life of mine. And the end result of that is that ape 20 kilometers from the Greek border, a small open pit facility operating at very low all in sustaining costs. It's coming to the end of its life of mine in 2026 and this is drilled to 5 m spacings. There's gonna be no surprises in terms of the life of this asset. We do continue to do exploration in and around ape. However, even if we were to find something today, it would result in something being a potential candidate for production. Well outside of this current operating window and probably 7 to 10 years in the future, at least. So the consequence of that is that we see a decreasing profile and what we've been looking at is by what means do we take advantage of the opportunities that we have in company? I'm going to come back to Loma Lager in Ecuador. But more recently, our success has been focused on Serbia and I'm going to be talking about Choa Rita, which is an asset in Serbia that we would anticipate bringing into production that will more than offset the decreased in gold ounces at similar all in sustaining costs from Ape. So that's anticipated to be in production in 2028. Just looking at that timeline in a little bit more detail here at the bottom. As you'll see in 2024 we transitioned from a pe which we reported in May and we are currently in the process of developing our pre feasibility study. As part of that, we've done 31 kilometers of drilling and completed the infill drilling to a minimum 30 by 30 in areas of high grade 20 by 20 m spacing for the whole of that asset. We're now moving early next year to reporting on the PFS and starting the feasibility study which we anticipate completing in the year and allowing us to apply for our EI A which we would anticipate moving to a construction decision early in 2026 which leads to a 2028 production. If we have a look at this asset over the years, we've been in Serbia since 2004. And we identified surface sediment hosted opportunities which gave the potential to do 80 to 90,000 ounces per year over an eight year period met some of our criteria, but it was not the most exciting as it would require surface heap leaching with cyanide, which as you know, has always been a challenge within Europe. But in this particular instance, at this time would obviously be more challenge given recent occurrences. So when we changed view, in terms of what we should be approaching on exploration, we went back and reviewed some of the things that we'd found previously and identified things people had always wanted to go back and develop but had not had the chance to have that permission to do additional drilling. The first target that we identified was Choker Riitta in the middle of this package. And what we decided to do was to actually take the license and drop that out from the existing license and generate a new license. So from initial work done in 2020 we got the new license in September 2023. And that led us to the first reporting on the opportunity in January of 2023. And I think the thing that got everybody's attention was one of the drill holes which was 39 m at 63 g per ton. And this was the start of a process where we really focused on this opportunity, initially focused on the scone at 250 to 450 m below surface and subsequently going back to look at other opportunities in this area. So if we look more specifically at a smaller section, what we find here are the different surface targets that historically with Temo. And again, we've got Choker Riki as the core of our activity. And just recently, we've been reporting on some other things. So instead of just the scan, which is Choa Riki, what we'd identified at depth below Choker Rida but not a priority at that time, which was some copper occurrences with gold that we were finding. And we had an update last week in terms of exploration performance focused on Dimitri Potok and Frazen. Frazen is the southern tip of the previous to project. So our first activity, as I mentioned was to focus 31 kilometers of drilling this year, 80 kilometers of drilling last year on defining the Choker, Riki Dasan opportunity. And what we have here is we have something at 1.78 million and ounces at a grade of 5.6 g per ton in just under 10 million ounces. But more importantly, within that, there's actually a high grade zone which as we've drilled, we've found greater continuity and that contains 1 million ounces at a little over 10 g per ton. So there's an opportunity for us in the early years to be able to target that and produce some additional material and get a faster return on the project. I also mentioned though that when we did the initial drilling on Choker Rakita, we identified something that depth which wasn't initial a priority but certainly something that we now coming back to. So if I zoom in here and we assume that we were drilling from surface basically at roughly one kilometer below below surface, we identified some interesting copper interceptions but relatively small width. And what we've done subsequently while we've been looking at Choko Rakita is identified with some geophysics where our targets might be for this type of material. So just recently, last week, we reported on some of these intercepts are closer to surface than those first finds shown here, for instance, 63 m at 1.74 per cent copper, 2 g gold. And I'm not going to read these. You can see those for yourself, but certainly interesting. And now our focus is going to turn in the 35 kilometers of drilling that we have between now and the end of the year at defining some additional scar and targets, but also looking more specifically at some of these copper opportunities. So if we have a look, then we going to be looking, going forward here, we have Choa Riki and you can see the amount of drilling that we've done and what I just talked about with those copper showings, they are a combination of about 1 to 1.1 kilometers north of Choa Rakita. And also we have some additional scan targets also at roughly one kilometer distance away from Choker Ritta, but more more northerly. So lots of opportunity here and particularly our recent Geophysics information is allowing us to get a greater insight into what our targeting is going to be. We also have another opportunity in our organic growth portfolio and that's Loma Lager. This is a project in the Izu province in Ecuador here from initial work commenced by us in 2021 and building on what was previously done by IV, in particular, we've been advancing work on what was then the feasibility study to get that to something more detailed. We've had to be a little patient while we've been going through some constitutional court requirements in order to be able to move forward with an E and we're getting to the point now where these are reaching completion So these are water studies and also environmental impact studies with the Ministry of Environment where that is coming to a conclusion between now and the end of the year. And then finally, we'll be looking at prior informed consultation with a particular community to the north of this project and that we're working with the Ministry of Mines on. It's quite possible that could get done by the end of the year. But also likely we have an election coming up in February next year that that may drift through that election before that work gets done. The bottom line is that Loma Lago has progressed quietly in the background over the last six months and we're very optimistic of our ability to bring this into our execution opportunity. With this, our first activity will be to do some additional drilling, condemnation and Geophysics, hydro geology to confirm some of the assumptions on the facilities. And there's also some opportunity with resource development at a depth below the main asset that we would like to do some additional work on. But this is expected to come into a potential to execute after Choker Rakita in 2028. Now I mentioned discipline capital allocation and what we've been doing in terms of both dividend and buy backs much like you heard a little early from Gerard. We've also been looking at increasing the amount of buybacks and executed on that in 2023. So what you see here is that we've returned $215 million over the last few years, this was a dividend commenced in 2020 doubled in 2021 now constitutes $30 million per year. And in addition to that, we increased the NC last year to allow us to acquire more of our shares and did so. So we acquired $66 million of shares last year for a total of $96 million which was 42 per cent of our free cash flow for last year this year, because we were basically completing the smelter sale. And also we had an aborted transaction with the CEO. We were really unable to do very much in Q one. And as a consequence, our buy back position is lower than what it was last year. But we are still intent on acquiring more of our shares because we believe it is diligent, let's say judicial to do so at this, at this particular point. So in terms of our track record of free cash flow generations, if you look at last year, $228 million slightly lower production this year as per goals, but obviously with higher prices, both for copper and for gold. And that's led to a first quarter, first half delivery of $142 million leading to $707 million cash position with no debt. And we have an unused revolving credit on top of that, of $150 million. So very, very well positioned both for organic growth opportunities, continuing to pay our dividend buy backs. And then we also look to see if there's opportunistic. So we don't have a burning bridge by which we have to do something, but we do keep an eye out for something where we can bring value, bring something into the company that's now recruited. If you look at our comparison to our peers, we believe we're still an attractive buying opportunity both in terms of our price to cash flow where we stand relative to our peers with dividend. And also NAV I've mentioned most of the value generating catalysts that we anticipate coming forward. But perhaps what I'll do is I'll just refresh a few items. So with Choker Rakita, we focus specifically on taking the scan through engineering to a construction decision in 2026 and production in 2028 we continue to advance the Lo Malaga project and in terms of exploration in Serbia, in addition to this gone, we're also going to be working on copper opportunities. So for us, this is exciting, we believe it's a good position on which to base our company coming forward. And now something that is slimmed down, absent the smelter, we're able to focus on our gold future. And with that, Mr Chairman, I don't know if there's any questions. We do have a couple of minutes for, some questions over here. If not, I do have one. I'll start off just,, when you've talked about, you know, meeting guidance for the last 10 years., what's your secret sauce to?, so,, during that it's very interesting. I've actually had a couple of instant conversations over the last couple of days which I think reinforced an opinion that there's, there's no alternative to making sure that you're disciplined or even regimented about what you do. So our chief operating officer is a former tank commander and he believes very strictly in the way things should get done and talking to people who have previously done deep precious metals. If you go back to the early 2000, that was not something that we had at that point. I think there's no replacement for planning, scheduling and execution and really making sure you have the right people with the right tools and support to make that happen. And what I would say to you is if you go to chopper, the most interesting thing for me is you don't see this chaos that you have in a lot of situations where you're controlling the mind of people on radio is asking for maintenance resources or we need to make this change. People are just watching the execution because things are planned to an activity level for a week ahead and all you're doing is watching the delivery against that. So things that are non let's say scheduled are unusual and actually compensating for that becomes something much easier in that type of environment. Ok. And, and just one last question you touched upon M MA,, that you are keeping an eye on,, opportunities,, any sort of jurisdictions or, you know, in, in any sort of color, in terms of the stage that you're looking at those jurisdictions that you're staying away from. Yeah. So starting with, we see ourselves as a gold copper, silver producer. So largely that would dictate the focus of what we're aiming for. We've historically been thinking about late stage development projects, but I think we have late stage development projects and more likely we're interested in buying something that's a producer and feel that with our success, say at chape, we have things to bring to that type of situation in terms of jurisdictions. We've been focused mostly in Europe and Africa. And I would say at the moment with particularly the emphasis in Europe on having more control on the source of its own materials, we're likely to be gravitating more to Europe than perhaps elsewhere. We also of course, have got Ecuador. But what I would say is that we're looking for quality and then potential for concentration. And when we look at that and we assess risk providing the asset is good, we'll look a little more broadly than just what I've described. So I say it's quality of the asset first and fit with our portfolio and last our ability to bring something makes it to share a ok, thank you very much. I appreciate it.