Thank you, Mr. Allen, and thank you, Mr. Mallet.
Committee members, I'm going to allow a second round of questions, but I'm going to have to reduce the time to four minutes apiece because we have to prepare for our next witnesses. That includes your questions and your answers. And I will be strict on the time because I need to be ready for our next set of witnesses.
My understanding is that Mr. Simms will start this round. Mr. Simms, you have four minutes.