 Thanks Tracey and firstly thank you very much for putting the conference on. But I'll talk about Brown's Range. This is after seven years I'm proud to say that those trucks are about to hit our site. We're going to start mining on the 1st of June. So after seven years of our initial discovery we're actually going to start mining at Brown's Range. In 2018 we're actually going to be supplying heavy rare earths to the market so it's been a great achievement. One thing I realised was that sometimes when you talk about heavy rare earths some people try to work out what have you got and this is just a simple pie chart and I know we've got a mandarin pole at the back representing Linus. What they have we don't and vice versa so they're very dominant in NDPR and in our deposit we're very dominant in dysbrosium and terbium so we've got a very rich and healthy heavy rare earth deposit. Again after seven years it's nice to have these pictures up, they're ugly pictures from a technical perspective but we've actually taken the top soil off two of our deposits that we'll be mining from the 1st of June so on the right hand side is Gambit West and on the bottom left hand side is Wolverine. In our large scale operation Wolverine will actually deliver about 75% of our full life of project ore but for the pilot plant and our definition of pilot plant is very different to what some people have been talking about. We're going to be building a pilot plant that's 10% the size of our full scale operation so the front end of the plant will be 60,000 tonnes per annum and we'll be producing 573 tonnes of contained TREO and a mixed rare earth carbonate. Why are we doing this? Well the full scale operation is a $329 million billed and probably somewhere between $400 to $500 million of financing and all the numbers I talk about are in Australian dollars. Our market cap in 2015 was about $30 to $40 million so it was almost impossible to consider how could we possibly finance that given the current prices of rare earths. So do we sit on our backsides, what do we do to take this project forward and again what's really critical is about convincing the market of a new supply source. Our ore is hosted in a Xenotime it's different to the ironic clays that currently deliver heavy rare earths into the market so we came up to the conclusion that we'd changed the way in which we'd go about, we'd go and develop this project. Just quickly I won't mention any words that some have done before us but more importantly I think we've got to look at what the Chinese are doing and how many vehicles and units they're putting out and I think that's significantly more than what we're talking about in some of the other countries around the world that produce EVs. There's the supply and demand dynamics again one of the challenges we face is what are the numbers so the supply of heavy rare earths all come from well significantly come from China and then we hear about this illegal mining and there's a number of definitions within that illegal mining. So you've got some companies who have got licences to extract the rare earths but they exceed their quotas and then you've also got a cottage market where you've got people that are taking wheelbarrow and grabbing a ton of rock and separating it at their homes if you like. So it's very difficult to really analyse the supply and the demand is defined with the drive forward of the EV demand and there's a gap. In the red is what we'll be delivering from our pilot plant in full scale operation so what you can see there will be a need to have more than one browns range in production. Price, price it's at the moment about 182 US dollars a kilo for dysprosium. Forecasts there have it sort of going anywhere up to 325 dollars. So in the magnet industry we've talked about back calculating what they can afford of dysprosium going into a permanent magnet and that's about 700 US a kilo. Now what we suffered in 2011 was this absolutely outrageous price that dysprosium went to 4,000 dollars a kilo and again today I hear about people talking about price in elasticity. I think we should add the terms price in elasticity within a relevant range because at 4,000 dollars a kilo it had a direct impact on the end price of a vehicle if you like. So there is a price that all participants in the supply chain can actually win and so we'd be very happy at somewhere anywhere up to 700 US a kilo. Definitely higher than what it is today. So we're positioned for success, what a beautiful picture. So we're located in the northern part of western Australia. Projects straddles at WA Northern Territory border and we also have two other projects. All of them are xenotime hosted heavy rare earth projects. So on the 18th of April this year the board approved the project to go ahead. It's 10% of the scale of the full operation. Now one thing when you go to a smaller scale operation is you lose economies of scale. We've offset that with two things. The ore at the top 30 to 50 metres of our ore body is actually 70% higher than the average run of mine grade for the full project. So that has a significant benefit to the project. And secondly we will benefit from getting cash back from the research and development grants that the Australian federal government gives. So 43.5 cents in the dollar comes back to us from our CAPEX and OPEX. And I heard I think in the early panel today what are people getting and receiving from governments if you like. Northern Minnows has received $23.6 million to date from our federal government's R&D scheme as part of the work we've done. I mean to date Northern Minnows has spent nearly $100 million on exploration and developing the project where it is today. You do get scared about what the size of these markets are and how much investment you've actually got to do to take these into production. Building our three year pilot plant will refine our DFS and then assuming all is well and prices are stronger we'll plan to build our full scale operation. I'll just explain why a continuous pilot plant, it's so critical in the industrial mineral space is to deliver product to market on spec. I mean you can do it in a lab or a small scale pilot plant and get the confidence of your off-takers but nothing beats actually putting relevant amounts of product into the market. And that's what we'll be doing as part of our pilot plant. Financing we've had to think seriously outside the box because as again one of the guys at the panels earlier talked about investment bankers going and the like we've had to really think outside the box to work out how we're going to fund this project. We're doing it through a number of elements, $29.5 million through traditional equity placements, $32 million via an R&D financing facility so when you put in your tax return in Australia we run a July to June tax year you get your cash back as part of that process we'll be putting in a debt factoring facility so that that helps our cash flow getting away from a lumpy once a year refund from the government. $10 million via a sales agreement prepayment, I've had people tell us that RERs are no longer required well we did have someone that's going to give us money before we start producing so they obviously need our product and also Sino Steel are our EPC contractor who are giving us a 20% deferred payment both those last two items can be converted into equity that didn't add up to 56 because we've got to overshoot and make sure we don't have any issues. Our sales agreement is secured with a group called JFMAG so we actually have a China strategy my job is actually not the MD of UNICEF or World Peace I've got to actually make sure we return money for shareholders and so our Japanese friends who we announced an MOU with earlier in the year just didn't come up to the mark about offering us the things we needed to get the project up so you know we've got to go and get the best value for shareholders. The offtake is for 100% of all the product we produce from our pilot plant and there is no there is no first right of refusal or anything like that for the full-scale operation so it's game on for the full scale operation. JFMAG is a subsidiary of Guangdong Rear Earths Group which is one of the five players in in the rare earth heavy rare earth space in China and they are owned by a company called Guangdong Rising Asset Management who have been very active in the Australian market and they recently acquired a project a company called Panos for $1.4 billion so well known to the Australian market. We'll be based off Asia Metals and the Rudo Bureau's pricing to determine what our price will be for our products sold. We'll be shipping it out either Darwin or Windham and it'll be going to Laiangong which is a port about 400 kilometres north of Shanghai. Our process plant crush grind magnetic separation float produces end-of-time concentrate, sulfation, bait, precipitate and then produce a 52% carbonate. It'll be open pit also the last one the pilot plant's $39 million and that has already started to be constructed fabricated in China as we speak. Open pit mining $6 million because of how remote we are we're going to mine the whole three years in one hit so the guys will roll up on the 1st of June and leave by 30 November and we'll be mining 180,000 tons $6 million contract. The camp is now nearly in complete construct. I presented in China on Friday and I had to tell people that the local community was as big as the amount of delegates at the conference and you imagine people in China can't actually comprehend how such a small community exists in that part of the world. They'd probably have about 3 million people there. Tailings Dam construct so final investment decisions being made the fabrication started bulk mining will happen about 14 days time installation will happen between September and April next year and commissioning research development for three months and we plan to start producing July 2018. Pretty pictures of all the great guys. One thing for us in terms of we've had continuity I've been there for seven years since discovery Robin Wilson's been there for 11 years. We've had a team that's been there through the journey which has helped us with native title discussions and many other facets of the business. Our dome is 60 kilometres by 30 kilometres. We've got a massive prospect area. We've only drilled 10 prospects. We converted six of those into dual compliant resource reserves. Our geologists have identified a further 170 new targets so whilst we've only got 11 in mine life we've got a further nine years that we've defined under the Jork code so that gives you 20 but we've got a massive upside here and we've got John Galt which has got higher grade which is about 150 kilometres further north and we've got Boulder Ridge to the south of us so we've really taken a position in this area. Over Christmas we raised money at a 91% premium it was probably the best capital raised on this Australian stock exchange. So not a bad effort a lot of brokers don't like us when you raise money at those premiums completing the balance of the 10 million placement we've gone through all those other items there and capital structure $86 million dominated by Chinese on our share register. Without the Chinese I'd be talking about rock chips and standing here and talking about a dream. They've helped us fund this project to get where it is today and I thank them greatly but whilst we're dominated by Chinese investors the board still dictates the business plan and the way forward and if you have a look at the business plans we've run over the last seven years they've never been impacted by major shareholders they believe in what we think is the right way to commercialise this project and it's a bit of a dream building an Australian Greenfield discovery so very rarely do you get an opportunity to be part of actually discovering a project seven years ago in terms of taking a rock chip to now mining it in two weeks and producing in July next year so thank you very much