Unknown Executive

Well, good afternoon, and welcome to the KEFI investor webinar. Today's event is going to take the form of a question-and-answer session. And I'd first like to thank all of those who've taken the time and effort to submit questions ahead of the event. We've had a lot of questions through and done our best to try and group those into various sections, but apologies in advance if some of it's a bit disjointed, but we do want to answer all of your questions as far as we can this afternoon.

Well, with me, I have Harry Adams, Executive Chairman of KEFI, KEFI's Chief Operating Officer; Eddy Solbrandt; Head of Exploration; Jeff Rayner and one of KEFI's non-Executive directors Addis Alemayehouas. Each of them are going to be available to answer questions, and we'll try and put the appropriate questions to the appropriate people.

Unknown Executive

So without further ado, I'll kick off on the first set of questions, and we'll start with you, Harry. A lot of people have been asking questions about the share issuance in March. And I'll read a question that's been submitted. The question says, the share issuance in March was huge and seemed a knee-jerk reaction to the Middle East war. It's clearly affected the share price. Do you have any regrets in undertaking the placing?

Aristidis Anagnostaras-Adams
Founder, Executive Chairman & MD

No, none at all, really. And even with the benefit of hindsight, here we are, what, 3 and a bit months since the outbreak of the Middle