During the past year at Toro, even through the difficult market conditions, we have continued to focus on delivering real value to you, our shareholders. During 2015/16 we continued our tight fiscal management, and with a healthy cash balance at June 2016 of $10.2 million and supportive major shareholders, we are well placed to weather the current market. Our flagship Wiluna Uranium Project is well recognised internationally as the next Australian project ready to deliver new production and establish Toro as an important supplier to the world nuclear industry. We continue to seek the best opportunities to grow your company and add value through the development of global uranium resources.
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