Thank you very much, Mr. Chair. Well, first of all, I would have to say that I'm legislatively required to have diamonds valuated in the territory. And the perks of diamonds or the revenue from diamonds is certainly greater than what it is seen here under the revenue summary. So, you know, example, we have hundreds -- well, over -- we've got thousands of Northerners working at our diamond mines, and Diavik alone for example, is 1200. And in addition to the people that are working at the mine and the benefits of that, or working for the mine, there's also all of the contract opportunities that exist as well.

The way that our royalty system works in the territory is it is a revenue-based royalty system which means that if mines are investing in the territory, that is deducted from their royalties so that they're able to apply that to the royalties that they're paying to the Northwest Territories. Diamond markets right now are certainly not where we'd like to see them be. They continue to go down, they continue to struggle, and that is for geopolitical reasons around the world. We're not the only jurisdiction that is struggling as far as diamond mining. But ultimately I am -- I'm legislated to ensure that our diamonds are valuated, and that is something that is done consistently through all of our diamond mines.