Euro Managanese Inc

Hello everyone who is joining us today. We're going to give it just a minute to allow people to hop on and to join and we'll get started in just a minute. Alrighty, Matt, if you would like to take it away, we will start with our presentation portion and then move into a Q&A. For those of you who would like to ask questions, please use the Q&A function along the bottom of your screen. And we will get to that once we get to that point in the call. Over to you, Matt.

Thank you, Louise. Good morning and good afternoon, everyone. Thank you for joining us to review our second fiscal quarter highlights. Please note the slides for today's call can be downloaded from our website. Before we begin, I must just remind you that this presentation involves forward-looking statements. Please refer to our cautionary statements here, as well as the risk factors set out in our annual information form. Our news release filed last week highlights our second fiscal quarter financial position. This should be read in conjunction with our management discussion and analysis and financial statements. both of which are available on our website, SIDA and ASX. Joining me today on the call are Martina Blahova, Chief Financial Officer, and Louise Burgess, Senior Director, Investor Relations and Corporate Communications. I'll pass over to Martina in a moment to go through financial highlights for the quarter and the company's financial position. Then I'll run through key developments during the quarter and how we're progressing against Catalyst for 2023. We'll wrap up with a Q&A session. Over to you, Martina.

Thank you, Matt. Just a reminder that we report to a year end of September 30th. So our Q2 reference is the period January through March 2023. We also report in Canadian dollars. I will briefly comment on our cash position and the intended use of these funds in the coming 12 months. We remain funded to complete 2023 commitments and corporate GNA. We started the quarter with 18.3 million in cash. 0.4 million was spent to advance the commissioning of the demonstration plant, which is now 95% complete. 3.5 million was spent on operating expenditures, which cover the advancement of permitting, including preparation of documentation for land planning and construction permits, scoping study and other due diligence costs for the Bekancourt site in Quebec, and other corporate costs. We made a payment of $0.6 million on an option for land planned for the residue storage facility at the tailing site. We closed the quarter with $13.8 million in the bank. Our cash position will allow us to deliver on our near-term project milestones, including the commissioning of the demonstration plant and its operation on a badge basis, the completion of permitting for construction of the Cholatica project, advancing certain land acquisitions for the commercial plant area, initiating feed engineering and corporate G&A costs for the next nine months. Additional funding will be required for the EPCM services for the project, future payments for land acquisitions, and future construction of infrastructure and facilities for the project. Funding will also be required to advance the company's North American strategy, including land payments and advancement of the Bekankur site to the feasibility study stage. Thank you, and I will now turn it back to Matt.