I would now like to hand the conference over to Mr. David Di Pilla, DigiCo Non-Executive Director. Please go ahead. Good morning, and thank you for joining us for DigiCo's financial year 2026 full year results. Before turning to the result, I am pleased to be here today to provide an update on DigiCo's management structure and an update on why the group is so excited about the outlook for the entity. I am pleased to confirm the board's appointment of Simon Mitchell and Ralph Goninan as Co-Heads of DigiCo, effective today, while retaining their existing roles as Chief Financial Officer and Chief Development Officer respectively. I am also pleased to confirm the appointment of Damian Secen as Managing Director Infrastructure for the HMC Group. Damian brings more than 25 years of infrastructure investment and development experience, including senior leadership roles at Macquarie Asset Management and Equitix. He will provide senior oversight across HMC's infrastructure businesses, including DigiCo and Illuma Energy. These appointments formalize a structure that is operationally working well and provides continuity as we execute on the next phase of growth. On behalf of the board, I would like to thank Chris Maher for his leadership as Interim CEO of DigiCo and his support through the transition process. We wish Chris every success in the future. Now, turning to the result for Financial Year 2026 and a year of delivery by the team. We delivered on the commitments we made to security holders. We completed the first 20 MW stage of the SYD1 project. We commenced and are now well advanced on the recycling of capital from lower-yielding U.S. assets, and we have positioned the balance sheet to fully fund our highest conviction growth opportunities in Australia. These achievements underpin our confidence in the business and support our conviction in our digital platform. Three key messages from today's result I would like you to take away. Firstly, the remaining 52 MW expansion of the 88 MW SYD1 project is fully funded through existing liquidity and available debt facilities with no equity required. Second, we have secured LOIs with customers for the entire remaining 52 MW of capacity with high-quality counterparties. Documentation is in an advanced stage, and we expect execution in the near term. And third, the successful completion of the first 20 MW stage of the SYD1 development demonstrates our ability to execute and deliver complex projects at scale. These achievements reflect the deliberate investment we have made since IPO in our capabilities. With a team of over 100 dedicated professionals, DigiCo has genuine in-house technical expertise across data center operations, leasing, engineering, and delivery. It is one of DGT's most important competitive advantages as we look into the future. Now, with the combination of this capability, we move toward a clear pathway to generate an expected Australian platform stabilized EBITDA of AUD 250 million. With that, I will now hand over to Simon and Ralph to take you through today's presentation. Thanks, David, and let me add my welcome to those on the call. I am excited to be presenting this result to you today in my new role as Co-Head of DigiCo. Starting on slide five. DigiCo's first full year reflected strong outcomes across earnings momentum, leasing, development, and capital management. Underlying EBITDA was AUD 127 million, above the AUD 125 million guidance, driven by strong growth in the Australian platform as new leasing revenue commenced. Distributions for FY 2026 were AUD 0.12 per security, also in line with guidance and more than covered by FFO. We are seeing unprecedented demand for high-quality capacity in the Sydney market and have signed LOIs for the remaining 52 MW of capacity at SYD1. Final binding documentation is expected to be signed in the coming weeks. We have also agreed terms to extend our leases at our remaining U.S. assets in Kansas City and Dallas for 10 years to 2036. This significantly enhances value and optionality for both assets. During the period, we made significant progress on development, which Ralph will talk more about soon. After successful completion of the SYD1 20 MW project, we are in the final stages of construction contracting for the remaining 88 MW project. We have been able to accelerate this timeline, with the first tranche of capacity expected to be online in fourth quarter FY 2027 and the remainder to be completed in FY 2028. This revised schedule will result in most of the capacity being commissioned in calendar year 2027, which is highly sought after by customers. Our 15 MW expansion of the Adelaide 1 facility is also progressing, and we expect this to be online in FY 2028. The combination of this accelerated development plan at SYD1 and Adelaide 1, with tangible progress on customer contracting, means that we expect the Australian platform of DigiCo to generate stabilized EBITDA of around AUD 250 million following these capacity expansions. During the year, we also significantly improved the group's balance sheet, with our U.S. assets on track to be sold to reduce net debt from AUD 1.6 billion to around AUD 450 million. We also reached agreement with our lender syndicate to upsize our Australian senior facility by AUD 200 million to AUD 1.45 billion. Together, these initiatives give us AUD 1.2 billion of pro forma liquidity, which is more than enough to fund the SYD1 development. I will now hand over to Ralph to take you through our development and growth outlook. Thank you, Simon, and good morning, everyone. I want to start by reiterating Simon's words that it is a pleasure to be here today presenting in our new capacity as co-heads of DigiCo. DigiCo's strategy is clear. We will build on our existing momentum by doing three things. First, we will deliver, next, we will expand, and finally, we will scale. To achieve this strategy, I would like to outline some of our key priorities that will enable sustainable growth over the next three years and beyond. First is geographic focus. Following the sale of the U.S. assets, we will redeploy the capital back to the Australian market, which is both supply constrained and where our national in-house delivery and operational capability is focused. Second is focusing on delivering our current value-accretive projects. As mentioned, at SYD1, we have completed the 20 MW project, and we are accelerating the next 52 MW deployment. Third is capital management and funding. We will continue to develop SYD1 through existing balance sheet capacity and committed facilities with no further equity required. Finally, we will focus on expansion and growth. Initially, we will focus on our adaptive brownfield developments, where we will be making use of available power to expand our existing facilities. We are also actively evaluating strategic greenfield opportunities that have access to renewable power. By focusing on these priorities and building on our established capabilities, we are well-positioned to execute on our strategy, which is to deliver, expand, and then scale over the next three years and beyond. Turning now to page eight to talk about SYD1, we are very pleased to be able to announce this morning that the remaining SYD1 capacity is substantially committed with terms agreed under LOIs executed with high-quality customers to be delivered in 10 MW tranches, which accounts for the remaining capacity at SYD1. Over the past six months, several critical milestones have been achieved, which positions us to successfully accelerate the delivery of SYD1's remaining capacity to meet this customer demand. We have received planning approval, completed the design and ECI, early construction works have commenced, and Laing O'Rourke has been appointed as an integrated delivery partner. Delivery will be phased, with the first 10 MW tranche targeted to be energized and income producing by the end of FY 2027, and the remaining 42 MW targeted through FY 2028, with the ability to accelerate subject to customer requirements. Moving to slide nine, these photos show elements of the first 20 MW, which have been delivered on schedule and within budget, and importantly, within a live operating data center. Some of the 20 MW works also enable the next phase of the 52 MW project, which will result in a more accelerated program. This project has allowed us to further build our in-house engineering and delivery capability, while also developing key relationships with our contractors and across the broader supply chain. As a result, we are well-positioned to deliver the remaining 52 MW expansion. Turning now to slide 10, aligning with our strategy to expand and then scale, Adelaide 1 15 MW project is another adaptive reused development, which is underpinned by accelerating customer demand and is targeted for completion by the end of FY 2028. Beyond our existing assets, we are actively evaluating greenfield opportunities targeting large-scale AI campuses, which align with the federal government's proposed new data center framework. We are currently in the planning and due diligence phase and look forward to providing further updates as we progress. On slide 11, building on our development pipeline and to illustrate the implementation of our strategy, I would like to outline our pathway to an Australian platform stabilized EBITDA of around AUD 250 million. Starting with the FY 2025 billing capacity of 21 MW, we have achieved a 95% increase in FY 2026 to 41 MW. As mentioned, we have terms agreed under LOIs with high-quality counterparties on long data basis for the balance of the 52 MW at SYD1. We expect this to start converting to billing capacity from the end of FY 2027 and be fully online by the end of FY 2028. Next is the 15 MW brownfield expansion at Adelaide 1, which we have unlocked from within our existing footprint. This development opportunity is targeted to be online and billing by the end of FY 2028. Together, these developments would result in 108 MW of Australian billing capacity, which is 123% increase on our current FY 2026 billing capacity. Delivery of the additional 67 MW is expected to require approximately AUD 1.2 billion of incremental CapEx over the next two years. These developments underpin the pathway to a stabilized EBITDA of around AUD 250 million across the Australian platform. The strategy is clear. The demand is there and accelerating, the development is funded, and we have a clear pathway to around AUD 250 million of stabilized EBITDA across the Australian platform with meaningful upside beyond it. I will now hand back to Simon to run through the FY 2026 financial results. Thank you, Ralph. Turning now to slide 13, where we show earnings and FFO results for the 12-month period to 30 June 2026. The comparable period is for 1 November 2024 to 30 June 2025, which only includes 6.5 months of trading, meaning the numbers are not directly comparable. Revenue for the year was AUD 239 million, representing a 21% increase for the second half versus the first half. This growth largely came from increased billings in the Australian business and a full year, half-year contribution from the first two phases of the Chicago data center, partly offset by some foreign currency headwinds. Underlying EBITDA was AUD 127 million, slightly ahead of guidance. EBITDA showed strong progression through the year, growing by 21% second half on first half, which was in line with the revenue growth. Net interest for the year was AUD 58 million, which was higher in the second half, reflecting the phased delivery of Chicago and investment in the SYD1 20 MW project. Deducting this interest expense and after adjusting for the management fees settled in scrip, results in Adjusted FFO of AUD 71 million. Out of this, we declared a AUD 0.12 distribution for the year, which amounted to a 94% payout of FFO. Consistent with our treatment in the first half, pre-completion rent received of AUD 37 million relating to Chicago and SYD1 has been included in revenue and underlying EBITDA. Also consistent with the prior period, AUD 13 million of pre-completion interest expense attributable to this rental income has been included in Adjusted FFO. Moving to slide 14 and balance sheet. DigiCo ended the period with cash of AUD 206 million and net debt of AUD 1.6 billion. Net assets were AUD 2.3 billion, which equates to a net asset value per security of AUD 4.13. The 9% decline in NAV over the period largely reflects the adverse foreign currency impact on the U.S. dollar denominated assets and ongoing depreciation of the Australian asset base. The independently valued gross asset value was AUD 4.1 billion, reflecting an adjusted NAV per security of AUD 4.47, which was largely flat during the year. Pleasingly, the Australian portfolio valuation rose by 7% to AUD 2.5 billion, but this was largely offset by adverse foreign currency movements on the U.S. assets. Capital expenditure amounted to just under AUD 180 million, predominantly driven by the 20 MW project at SYD1 and early development work for the 88 MW project. After entering into contracts for sale in Chicago and Los Angeles, these assets have been moved to assets classified as held for sale at AUD 1.2 billion. The remaining AUD 386 million of investment properties represents the Kansas City and Dallas assets. Turning to slide 15, capital management and funding. We ended the period with a strong liquidity position of AUD 708 million, which includes the upsizing of our Australian senior facility by AUD 200 million. Post this upsize, we now have AUD 500 million of undrawn debt facilities. Based on our announced U.S. asset sales, we expect to receive AUD 470 million of net equity proceeds in the first half of FY 2027, which will result in AUD 1.2 billion of pro forma liquidity. This provides more than enough funding for the full expansion of SYD1. Gearing was 39%, close to the middle of the 35%-45% target range. All interest rate exposure remains hedged to maturity at an effective all-in cost of 6%. The weighted average debt tenor is 2.6 years, with no maturities before FY 2029. Overall, the balance sheet remains robust, liquid, and well-positioned to fund our development projects. Turning to an update on our U.S. assets on slide 16. We continue to make strong progress in releasing capital from our U.S. asset portfolio to redeploy into our higher return Australian development projects. Before the end of the financial year, the Chicago project reached a substantial completion with a tenant now occupying and paying rent on all phases of the project. Completion of this sale is expected by the end of the first quarter of FY 2027. The property sales in Los Angeles are undergoing final due diligence, and we expect completion to occur in the second quarter of FY 2027. After the end of the period, we reached agreement with the enterprise tenant of our Kansas City and Dallas data centers for a five-year lease extension. This extends the current lease term to a total of 10 years, expiring in 2036. These assets continue to provide high-quality cash flow for the group, and their role in the portfolio will continue to be assessed in the context of overall group capital needs. Moving now to outlook and guidance on Slide 19. FY 2027 underlying EBITDA is expected to be AUD 120 million-AUD 125 million, inclusive of two months of Chicago 1 EBITDA. Excluding Chicago, FY 2027 underlying EBITDA is expected to be between AUD 110 million and AUD 115 million, representing 15%-21% growth on an FY 2026 like-for-like basis. This guidance incorporates minimal contribution from the 52 MW expansion at SYD1, with the first 10 MW expected to be operational in late fourth quarter FY 2027. CapEx in FY 2027 is expected to be between AUD 300 million-AUD 500 million, largely driven by the SYD1 capacity expansion and expected to be second half weighted. This CapEx is expected to be funded from existing cash reserves and undrawn debt facilities. Distributions in FY 2027 are expected to total AUD 0.15 per security, representing 25% growth on FY 2026. Over the medium term, DigiCo expects to maintain its distribution policy of paying out 90%-100% of FFO. With that, I will now hand back the call to the operator for questions. Thank you. If you wish to ask a question, please press star one on your telephone and wait for your name to be announced. If you wish to cancel your request, please press star two. If you are on a speakerphone, please pick up the handset to ask your question. Your first question comes from Richard Jones with JP Morgan. Please go ahead. Good morning, Simon. Just wondering if you could provide what return on cost you are anticipating out of the Adelaide expansion. Richard, we have talked about an overall CapEx forecast or guidance for the full SYD1 development and Adelaide together, and that is the AUD 1.2 billion. We had previously talked about a yield on cost of around 15% on our development project at SYD1. Across the whole of SYD1 and Adelaide 1, we are expecting to get close to that 15%, but just given recent cost escalations for trades and also for equipment, we think we will be slightly below the 15%, but pretty close. Just to confirm, 15% you are still calling on SYD1, but combined with Adelaide, slightly below, is it? Pretty much, yes. Okay. Just on Dallas and Kansas, can you talk about how the lease extensions came about and whether you see those as core holdings moving forward? The lease extensions that we've negotiated on those two facilities were really just to give the tenant more certainty and visibility on the assets. It's a very good outcome for the group to be able to extend the full lease term to 10 years. I think that's a proactive measure by us to extend those and also to enhance the value of the assets. Have they been valued post that extension? No, they haven't. The valuation that you see, the AUD 4.1 billion gross asset valuation that we just talked about today is pre those lease extensions. Okay, good one. Just on the final question, the greenfield opportunities, there's nothing that you have your hands on from a land perspective at the moment, right? You're just investigating opportunities. Is that how we read that? Richard, I will take that question. It is David. DGT is working with HMC on a couple of opportunities, and we are not going to get into too much detail on the call today. But we have got a number of opportunities under evaluation and have got options in place over land. Okay. Thanks, guys. Thank you. Your next question comes from Tim Plumbe with UBS. Please go ahead. Hi, guys. Just two questions from me, if possible, please. Simon, just on the 52 MW LOIs, can you maybe give us a little bit of color in terms of how many counterparties that is with or maybe a bit of a broad mix of customers like two-thirds hyperscalers, one-third Neocloud? Presumably, there is no enterprise within that, but if you can give any color to that would be great. That is question one. And then just a second one around BNE3. Previously, you guys were talking about that as a potential opportunity. It is no longer in the pack. Should we assume that is no longer an opportunity? Yeah, thanks, Tim. Let me just cover off on the 52 MW LOIs. As we discussed, we are able to bring online, we think, quite a unique amount of capacity in calendar year 2027, which is highly sought after by customers at the moment. So that has enabled us to agree to LOIs with multiple parties that we are very happy with. These are high-quality counterparties. We believe they will be significantly accretive to average lease term for the asset. It is obviously very difficult for us to go into any more detail about who those parties might be, but we are very confident that we will reach buying documentation stage in the coming weeks. Thanks for the second question, Tim. It is Ralph here. Consistent with our strategy for growth, we are focusing on our existing assets in the short term, predominantly being Adelaide. We think this is the most accretive use of our capital. We are leveraging off an existing asset and expanding some available power. BNE continues to remain as an option, but we are focusing on Adelaide in the short term. Got it. Okay. Thanks, guys. Thank you. Your next question comes from David Pobucky with Macquarie Group. Please go ahead. Good morning, David, Simon, and Ralph. Thanks for taking my questions. Just following up on the last question around customer demand, if you can more broadly talk about how that has evolved over the past 12 months, and again, more broadly, what are you seeing in terms of pricing discussions and leasing negotiations? Thank you. Yeah, sure. Hi, David. As I mentioned, we see ourselves in quite a strong position because we are able to bring on capacity over the next 18 months, and we are seeing very tight conditions across the market for anything that is available over the next 18 months, especially in Sydney. In terms of the customers that we are talking to and the capacity requirements that they are looking for, we are seeing very favorable conditions in terms of pricing. Thank you. Just the second question from me on capital management. Just curious to know how you are thinking about weighing up capital returns to shareholders. Clearly, the distribution guidance for FY 2027 is strong versus investment in further developments, as well as how you are thinking about the balance sheet, post the CapEx that you need to spend on SYD1 and Adelaide. Thank you. Sure. In terms of balance sheet and capital management, we have talked about the strong pro forma liquidity position we will have post the U.S. asset sales of AUD 1.2 billion. And we have talked about the AUD 0.15 distribution for FY 2027. We are expecting that distribution to be mostly covered by FFO, but there was an intention by the board to return a little bit more to shareholders than the likely FFO generation. And we can see a pathway to that dividend obviously growing from the AUD 0.15. It is obvious with the AUD 250 million stabilized EBITDA number that we talked about today, that we have plenty of potential to raise that distribution over time. Thanks for taking my questions. Thank you. Your next question comes from Ben Brayshaw with Barrenjoey. Please go ahead. Hi, Simon. Could you break up the AUD 1.2 billion in CapEx for the two projects just into each of the two, if possible? Are you able to say, when you include the capital spent on SYD1 to date, what you are forecasting for the total project cost for SYD1? Hi, Ben. We are talking about the capital investment across both projects as effectively one package. We are not really going into detail around the split between the two sites. I think we previously indicated that the 20 MW project that we have completed at SYD1 was going to cost close to AUD 200 million, and that is the number that we have obviously spent within FY 2026. Okay, thank you. Just, sorry, apologies if you have already commented on this, but just any feedback on the payout ratio, whether your medium term target is applicable for FY 2027? This is in relation to the distribution policy? Yes, that's right. Yeah. I mentioned that the AUD 0.15 distribution that we've guided to for this current year, FY 2027, is mostly covered by FFO. It's quite close. At the same time, we've said that over the medium term, we intend to stick to the policy of paying out 90%-100% of FFO. So that's still the intention going forward. As you can see from the AUD 250 million number that we've spoken about today, there's plenty of growth that we're expecting to come through in FFO. Okay. Thanks, Simon. Thank you. Your next question comes from Liam Schofield with Morgans. Please go ahead. Morning, David, Simon and Ralph. Two quick questions. Simon, can you just link that AUD 180 million EBITDA run rate that you gave at the half year to the updated guidance? What are the constituent parts there? Then the second question, I think you just sort of alluded to greenfield opportunities around renewable energy. Can you just perhaps comment on the market for co-locating with energy generation versus metro deployment? Hi, Liam. Just in terms of the first question on the guidance. As you rightly pointed out, we had previously given guidance of AUD 180 million free EBITDA as the run rate as we exit FY 2026. To arrive at the guidance that we've given today, to reconcile to that, you have to remove the Chicago earnings, which are around AUD 65 million. That gets you back to AUD 115 million. Then there's an adverse foreign currency impact from when we gave that guidance to now. We're using AUD 0.71 As the basis for our current guidance. So that gets you within that AUD 110 million-AUD 115 million range, which is excluding Chicago, that we've just given you today. Okay, thank you. Liam, in relation to the greenfield opportunities being located with renewable energy opportunities, the market certainly, and the customers value that. I think it is critical for our social license. It is consistent with what the federal government is indicating as well as at the state level. The ability to co-locate with metro deployments, as you put it, somewhat depends on the site specifics. But obviously to be located next to some of this major renewable infrastructure, that is not possible within metro areas and is more on the fringes. Thanks, Ralph. Liam, it is David. Given the long-dated view we have taken in terms of renewables across the group and DigiCo, we think it will become a competitive advantage for the group as we move forward. Thank you. Your next question comes from Paul Mason with E&P. Please go ahead. Hey. Just the first one, I do not know if you guys can comment, but I was just interested if the LOIs you have got at SYD1, are they your preexisting customers or are they brand new? The second one, I was just hoping you guys could give a bit of detail on the maturity profile on your swap book, because obviously your net debt is going to fall a lot with some of the proceeds coming from the U.S. asset sales and then probably gradually go up again. Just interested to understand how the interest costs might actually move or not move as your debt balance moves down and then up again in the next couple of years. Hi, Paul. Just in terms of the question on the LOIs. We are obviously focused on making sure we have a high-quality customer base and also a diversified customer base at the asset. You should assume that the majority of the capacity that underpins the LOIs is for new customers. Moving to your second question, which I think was in relation to interest. Going forward, clearly you have to adjust for the Chicago debt being retired as that sale completes. Then we will effectively repatriate that capital back to Australia. That will be sitting on deposit, so you will need to adjust for interest income on that. Then we will be drawing that cash down to fund the developments that we have talked about. Then at the appropriate time, we will start to draw on the debt CapEx facilities. There is a lot of moving parts within that. Then obviously you will need to adjust for capitalized interest as well, as we are completing the development of SYD1. Yeah. Could I ask, because you guys have a pretty big swap book. I think it was like AUD 1.6 billion of swap at face value. Does a lot of that mature pretty soon? Do you still have effectively a fixed rate on the swaps that you are. Is your interest cost in a percentage effectively going to go up a bit because of the debt is falling but the swap is still there? Or the swaps sort of roll off sort of in line with the net debt falling this year as well? Yeah. So effectively the swaps will roll off. The swap that relates to the Chicago asset level debt will obviously be cashed out when that debt's retired. And we don't have any other swaps maturing this year. Okay, great. Thank you. Thank you. The next question comes from Roger Samuel with Jefferies. Please go ahead. Oh, hi. Morning, guys. Two questions from me. Firstly, just on your stabilized EBITDA target of AUD 250 million in FY 2028. Given the very strong environment for data centers we are in right now, do you view that AUD 250 million as a base case, or there's potentially upside to that? And also, just for the avoidance of doubt, do you include your management fee in that number? Second question is on future development. And yeah, you've mentioned about Adelaide, but what about BNE4, which you've got in your perspectives. Do you still see that there's a need to develop that asset? Hi, Roger. It's Simon. The AUD 250 million stabilized number that we've talked about today, it does include management fees. It's after the management fees. Yes, there are some factors that can contribute to that number being higher. We've obviously made a judgment on what we think is reasonable, as a set of assumptions to put that number out publicly. Roger, in regards to your second question for future development. Yes, we are focusing on our brownfield development in Adelaide. The reason being is because we can turn that capacity on quicker. That's an existing asset with built form, and we'll continue to fit that out to bring on that new capacity. BNE4, which I believe may be BNE3, yes, that remains our pipeline for greenfield developments, but we are looking beyond that also. Got it. Thank you. Thank you. Your next question comes from David Guarino with Green Street. Please go ahead. Hey, thanks guys. On the 52 MW of LOIs, it sounds like a few larger tenants. Warren, can you talk about the average lease duration and the average annual rent escalator you're targeting? The second question probably aimed over at David. As we think about that 1 gigawatt of future incremental greenfield capacity, I respect you don't want to talk about location, but it seems like by the time those projects start, Sydney and Melbourne might look like the rest of the world's top data center markets and have exhausted all the near-term power resources. Maybe at a high level, could you talk about what other Australian markets you think that demand might spill over into? Hi, David. Let me take the first question. We're expecting the lease terms under these LOIs to be materially longer than what we've seen previously at SYD1. So we're expecting it to result in a material uplift in the WALE for the asset, but it's difficult to go into any more detail than that. In terms of escalators, you should assume that we'll be looking to a standard escalation of around that 3% mark. David, on your comment, I think we've been pretty consistent now since we came out with strategy reset for the business in May. The view we put forward at the time was that we could see the world shifting very quickly in terms of data center developments globally. What we identified was in the U.S. that I think at the time 14 states had rolled out a blanket moratoria on the development of new data center capacity. That number's now gone to beyond 20 states in the United States. What we're now seeing is a lot of that overflow capacity and demand is materializing here in Australia. Increasingly, the debate is around access to power and water. That is becoming an increasing issue. That's why assets like Sydney and Adelaide that have brownfield adaptive reuse capacity are such premium assets in this market. The ability to deliver capacity in 2027 is challenging, and therefore the fact that we have it and we have ability to deliver that is an extremely strong story to tell our investor base. Coupled with that, the fact that we are looking now at a federal government backdrop here in Australia around the fact that new data center capacity needs to be linked to renewable capacity and needs to be obviously considering social license, are all critical overlay factors that we've been planning for some years and put us in a very good position to move forward as an organization. We feel like we've been planning, we're ready, and we think there's a big opportunity for our organization to capture. Fair enough. Thank you. Thank you. There are no further phone questions at this time. I will now hand back to Ralph for closing remarks. Thank you for joining us on the call today, and we look forward to catching up with many of you over the coming days. Thank you.