Thank you, Mr. Speaker. It's not the intention to have any formal continuing subsidy on this mill. It's the belief of the NWT Development Corporation that we can run this thing and break even and perhaps even, heaven forbid, have a profitable situation. So it's not the intent to provide ongoing subsidies similar to some of the operations we currently have that are owned and operated by the NWT Development Corporation. There is however as I said, on the outset, a significant front end capital investment of $1.5 million. However, we are predicting that there's somewhere between 30 to 40 jobs and, based on the research that's been done by Renewable Resources and ourselves, we're projecting somewhere between 20 to 25 years of renewable resource there that we would be able to access. It's our hope that we can log, I believe,-- I'm not very familiar with logs coming from the east,-- I'm told that we can log somewhere around five million board feet, I think. If we do that, we'd be in a break even situation and we would provide the community of Fort Resolution with a significant number of jobs at this time.
This project has the full support of the local settlement council, the Metis group, the Dene band and, of course, yours truly, Thank you.