Alistair Baker - Vice President, Investor Relations & Business Development Bill Heissenbuttel - President & Chief Executive Officer Martin Raffield - Senior Vice President of Operations Paul Libner - Chief Financial Officer & Treasurer Randy Shefman - Senior Vice President and General Counsel Dan Breeze - Senior Vice President, Corporate Development of RG AG Hello, and welcome to the Royal Gold 2024 First Quarter Conference. My name is Chad, and I'll be your moderator today. All lines will be muted during the presentation of the call with the opportunity to questions and answers at the end.