Thank you, Ms. Jones.
I just want to explain to the members of the committee what we're facing today. We have three more presentations. We have to shut down this part of the meeting 15 minutes early so we can discuss future business of the committee. Then we will hopefully have questions and comments from all members of the committee. So if you can keep your comments to the 10 minutes the clerk has indicated you have, that would be very much appreciated.
Mr. Bubar, from Avalon Rare Metals Inc., please go ahead with your presentation.