Thank you, Mr. Chairman. First off, coming from the side that I do on the financial side, if there wasn't support for the secondary industry from this government, the first and quickest way of cutting our losses would have been to liquidate the operations when this first came up. But as the government has chosen to continue to support the secondary industry, we've entered this and requested the courts to step in and have the receiver begin doing their work. The receiver entered into a process of basically going out to tender, putting out a package and having those that were interested submit their proposals. Based on the proposals that came forward, there was a review done of all of the parties, and it was recommended in discussions with the receiver that the best deal that was there was the one we went forward with.

As for discussions with the mines and going to them and asking if, in fact, they would be supportive of who we brought forward, there's nothing right now stopping the mines from developing the secondary industry in the Northwest Territories, or proceeding. We've seen somewhat of a partnership already with a couple of the organizations that are in business.

So we, as the GNWT, began this process in allowing guarantees to be put in place to help establish the industry, and there has been much discussion back and forth about support or non-support from the suppliers, being the mining companies.

Again, I go back to the fact that right now there is nothing to stop the mining operations from establishing their own cutting and polishing arms of their operations here in the Northwest Territories. In fact, if they wanted to do that, we would invite them to get directly involved. As this first came out, we were told that, in fact, there was no interest in that. So that's why we proceeded with, from a GNWT perspective, trying to develop the secondary industry.

Things obviously have changed from the first mining operation that came into reality here in the Northwest Territories, from not wanting to be involved in a secondary industry in the North to now companies becoming involved, to a certain degree, with arrangements with cutting and polishing plants here in the Northwest Territories. But again, is there a better way to do it? Well, maybe there was. As the first socioeconomic agreement was put in place, I think we've learned from that exercise and worked at strengthening the position we have as a government, and we'll continue to do that. Thank you.