Thank you, Mr. Chairman. The Member has raised this issue on a number of occasions now and probably won't be satisfied with the responses he gets today that I have tried to supply information about where we are and the process used. There are a few key things that have impacted where we can go as a Financial Management Board and our involvement. One is the original agreements that were put in place and who would be parties to those discussions. The process, as laid out, is the government was involved on the front end to see if a

producer or a company could be looked at satisfactorily and grant them a northern manufacturer status. Once that's done the process then allows for that company to then begin negotiations with the diamond mining companies. There were no provisions for us to become involved with that; number one, on the original side of the agreements that were put in place; two, and further complicating where things were is because we ended up moving to a court for a court appointed receiver, that process has to be respected, as well, and the involvement of the government and the departments. We are aware, as the Minister of Resources, Wildlife and Economic Development stated, through his shop and keeping track of where things were flowing, from our shop of FMB working with the receiver, trying to see where things were going and trying to encourage a speedy resolution to things that were happening. But ultimately it comes down to the fact that we did not have the ability to enter the room to say let's sit down and make this happen.

Of course, since this has happened, there have been suggestions made about sitting down with the mining companies initially and discussing who would be satisfactory to them. There are things that have come out after the fact. But as I had committed to from a government perspective, we are going to have to review where we are with the processes and see where we can strengthen our positions, so that we don't end up in this situation in the future. Thank you.