Thank you, Mr. Chair.
I certainly appreciate the presentation here today.
I'm just going through this master agreement, and I noticed that under “Duties of the Board”, paragraphs (a) through (s) outline the things that it can do. If you take a look under “Cost Sharing”, for all of the items listed under (a) through (s) there's a $280,000 commitment to carry out all those responsibilities.
Do you think that at the time this agreement was struck, in 1997, it was struck with any realistic intentions of carrying out any of those objectives? What needs to happen now in order to carry it through or to improve upon it? It seems to be a great start to cover off some of the issues, especially when it comes to downstream monitoring, downstream effects on the various parties involved, and especially when it comes to the balance that's met with economic development and exploration.