Colleagues, I'd ask you to take your seats at the table please, and we'll commence.
Thank you to our witnesses for being here with us. Mr. Mackrell and Mr. Bacon, I assume you've been watching some of the proceedings, and you probably know how this works. We'll ask both of you to give a brief opening statement, for no more than five minutes, and following that, we will have a round of questioning from our committee members.
With that brief introduction, Mr. Bacon, we have you first on our speakers list. You have five minutes. Please, the floor is yours.