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Good afternoon everyone and welcome to the Bannerman Energy quarterly update for June 2025. Thank you all for joining us today. I'm Emma Culver, Investor Relations and Communications Manager at Bannerman and we thank you for joining in an afternoon webinar this quarter round. Our Executive Chairman Brandon Munro has just landed in Namibia and we are going to be joined by our CEO Gavin Chamberlain in Cape Town. uh just to make way for those time zones we are on an afternoon but we will go back to a morning uh quarterly update uh next quarter i as i said we are joined by gavin and brandon today so brandon will run us through the highlights from the quarter gavin will be with us to take us through all the progress on site we'll then go to q a if you do have questions please use the q a tab at the bottom of your screen and pop in your questions or in the chat box and we will get to them once we get to questions and answers. So, Brandon, for now, I'm going to hand over to you. Thank you all for joining us.

Thanks, Em, and thanks to everyone out there. It's an absolute pleasure joining you from Namibia. I got to Bintuk yesterday and I'll be heading down to Swakopmund this afternoon, on site tomorrow, in fact, to see firsthand all of the fabulous work that Gavin and his team have been undertaking over the last Nine months or so. So very excited to be here and Namibia is still absolutely beautiful and functioning well and people are friendly. So I'd really commend it to everyone out there as a tourist destination for amazing landscapes, world-class wildlife and really interesting cultures and people. So it's been a really strong quarter that we've had at Bannerman Energy. We've continued with our core strategy and it's been amplified by a few points that we'll talk to now. So as you would have seen from the quarterly, we are extremely proud as an entire company of our safety record. We walked the talk, Werner Evert, our managing director in country, is known very well in Namibia for having the most sophisticated and passionate outlook and approach to safety. For example, a couple of years ago, he was tasked by the Namibian Chamber of Mines with leading a national safety review. And it shows. And I think a highlight of that is this figure here, a million LTI-free man hours. Now, LTI means lost time injury. And that's a very standard industry way of measuring a safety record. And obviously, if you've got worse injuries, they count as an LTI. So it's really a strong indicator that for 15 years now, we've had such a strong safety culture. That's important as you go into construction because You don't want to start losing the confidence of financiers, the confidence of your team, of contractors, of government. A safety inspection on a mine site or an incident inspection by the local government authorities can really slow you down. So it's not just the right thing to do and the right way to operate, but from an investor point of view, you want to see that as a really strong indicator of the exemplary risk management that we have in the company across the whole construction and operational gambit. So as Gavin will talk to, the early works are going really well. Construction activities, they're tracking, they're on time, they're on budget. We haven't had any issues. We fully recovered from the little bit of time that we lost during the heavy rain event. We've really amplified the corporate strategy and our flexibility through a well-timed capital raising that raised a gross proceeds of $85 million. It complemented an already strong cash balance that we had but it just means we're going into this next period both on the ground and in our financing and marketing work streams in a strong negotiating position with a position of real confidence we've got 140 million in cash and cash equivalents and that enables gavin and the team to continue moving forward towards what we still are seeing as a strengthening uranium market whilst we can do what we need to do corporately from that position of strength. So Gavin will talk to what we've still got coming up, but our approach remains be prepared, continue judiciously moving the project forward with a stage gate approach, And be patient. And so in the context of that, you can see, despite having a big cash balance, our contractual commitments on site are still modest at $23 million. And we'll continue progressively moving forward in that way as we see the sector strengthen and as the uranium market conditions start to present themselves in a more favourable way. And as we highlighted, there has been really pleasing progress on financing and offtake discussions. And they've really started to pick up. Both the utility sector and other industry players are taking note of all of the things that investors have been aware of for quite some time. And we are finally starting to see more consistent contracting and greater levels of engagement, which have really fed those workstreams. So that's the quarterly highlights. The real action has been on the ground. I'm pleased to report that there hasn't been any excitement at a corporate level. We're just steady as she goes. We're pursuing and executing on our clearly defined corporate strategy of constructing a tango, but at a time and on conditions of our choosing to best maximise shareholder returns whilst minimising risk. And I think in the mining sector in particular, having that focus on risk, executional excellence, thinking about risk from both a corporate perspective and an operational construction perspective as well, is earning us a lot of respect. And that is the promise that we'll continue to deliver on over the next several years. I think we can move forward, Em.

Yeah, thank you, Brandon. And we will shift into all of the highlights from the project and we'll hand over to Gavin. Thank you so much, Gavin.