Day of the execution in this matter, meaning a pause of the enforcement pending the outcome of the appeal. We have a timeline here for you. That is the 5th of November for the hearing on this day, and the 2nd of February is the first appeal hearing. Past is way too much to get into now. Most of these are now closed or closing, but we would encourage anyone interested to read the 2020 yearly report along with the first half report from this year to get the most up-to-date updates for any of those. We talked about the criminal case of Milan. This is done. Why are we bringing it up now? It is because the future value of the company relies on, maybe not relies, but is tied to the case which can now be brought because this criminal court decision is over. A bit of a background. We received these power plants in 2014. Within a week, two of the directors were charged on the suspicion of fraud. After five courts over 11 years, two times to the Supreme Court of Italy, the case is now final as of June this year. What happened? One director was found liable for count B of the charge. Both directors were found liable for count D of the charge. The crime against EAM, which was added by the prosecutor and brought by the prosecution, was not proven. There was not sufficient evidence to prove that crime. What does that mean for the company? It is now a legal fact that the crimes took place in Italy and are proven and related to the same power plants that were later sold to EAM. The contracts that underlied the state subsidy are now proven to have been accessed via fraudulent documents, misstatements, false dates, etc. You can read the history of this in the company's reporting. What does that mean? We have been working for several months with the legal teams and they believe that a civil action can be brought with a reasonable chance of a favorable outcome for the company to seek the nullity and in the alternative, the annulment of this contract. What does that mean? You cannot sell criminal goods. If goods are found to be criminal, there is an opportunity to completely overturn the contract which sold those criminal goods. In our case, the goods have been found after 11 years to have been accessed illegally, and the contracts were obtained through fraudulent documentation and false statements. Because of this, we believe that we can overturn this contract, which would lead to an automatic right to the repayment of the price paid for the purchase of these power plants. That was at the first instance, €30 million for the transfer of the first batch of these power plants. Again, why we brought this up earlier, we had the second arbitration appoint an independent financial expert in which he assessed the direct losses to EAM Solar that would be compensatable as a direct loss to be in the range of €45 million to €60 million. This is what the company is hoping to pursue in the coming year. With that in mind, what are the key milestones for the company? Number one, we talked a bit at the start of my presentation here about the refinancing and the restoration of the feed-in tariff on MFIL 25. We expect both of these to be completed in the first quarter of the new year, which will give the company quite a bit of improved liquidity and financial flexibility. Obviously, if there's any delay on the refinancing, that's something we will have to address. Both of these are trending in a positive direction. The restoration of the feed-in tariff on MFIL 25 is just a matter of timing. It's not in question at the moment. We expect it to start paying again around the end of January, give or take a month. The second milestone of the company is summer 2026. This is when we expect the decision in the appeal brought by the counterparty of the second arbitration. That arbitration found in favor of EAM Solar, assessed all the outstanding claims between the parties up to that point, and the net in favor of EAM Solar at that point was around €2.3 million to €2.4 million, running at a 12.5% interest rate, which today is now over €3 million. We've been informed that with a success on the appeal procedure, with final hearing on March 11, the company will be able to begin the collection procedure as well as remove an outstanding pledge over the shares of the three power plants owned by ENS Solar One, a subsidiary of the company. This would enable, should it ever become necessary, a possible sale of any of those power plants to raise even more cash in the future. Upside, cash inflow from both of these pathways; downside, it is a court case, there is a chance to not succeed or have the amount lessened, reduced for any reason. Long term, what is the strategy we've talked about through the summer of next year? It is this new civil case. Our goal is to be completely operationally cash neutral or slightly cash positive by quarter one, by milestone two in the summer, have other pathways to raise cash internally should we need to, and then long term, use that cash and runway, if you will, to begin and end this new civil case. This is what we talked about before. For the voidance of the original share purchase agreement, the contract to purchase those power plants back in 2014. That is the long term, we'll call it legal strategy of the company. We threw in on the slide here one possibility for growth. Just to show the base for the company's assets, we have a power plant. We call it Brundanzini. This power plant has been producing at a reduced capacity due to degradation, old outdated components. It's missing panels. There were thefts some years ago that need to be replaced. We received a fixed price offer from the BFP Group to rebuild the plant to full capacity using modern test technology. The upgrade, if we can go through with it, is estimated to increase the annual revenues in NOK by between 3.3 and 3.5 million per year. Now, when looking at a fixed price offer of NOK 7.6 million, this is quite a lucrative opportunity for the company. However, the company will only pursue these type of rebuild investment type, we'll call it strategies, if we can secure going concern for the foreseeable future in relation to the operation and the funding of the legal battle. That is where the greatest potential outcome for investors and the company lies. I think that's about it from me. Let's see. Good. Nope, I think now is just one thing. You may answer. Statute of limitations for the damages for the new claim. You mean that I spoke about? Yes. There is, as we are informed by our legal counsel, no statute of limitations in relation to avoidance claim if the underlying good is illegal or a criminal act. There is no statute of limitations in Italy to overturning or bringing that claim. Statute of limitations? Yes. It might have triggered a question from some people seeing that these events took place in 2014. The plants were constructed in 2010, 2011. Has it been too long? The answer for that particular claim is no, it has not. As we are informed now, we are open to questions. Nope. Let's see. The other one, nicer, the one preceding the red one. Right. Now a technical difficulty. Switching from presentation to questions here. We do know there were some questions we had received in advance. Die. Okay, let's see. Let me just squint to see. I can read the question, and you can answer. Eric, thank you. Question number one. Given the current liquidity situation and the ongoing equity issue, how confident are you that this capital raise will be sufficient to secure operations until the next major legal milestone in 2026? Eric? Yes. The first major legal milestone, as we've described it, is taking place in the first quarter of the new year. That's coming up pretty quickly. At that point, we hope that operationally the company is cash neutral or slightly in the black. Of course, that doesn't cover the legal fees which the company incurs on a yearly basis. We're estimating around €250,000, €300,000 if it's a very busy year. We've been working to reduce these on a year-to-year basis, trying to end as many cases as we can. The larger the participation, the more runway we have. The question here is how will it be sufficient to secure operations until the next legal milestone? I would say the first legal milestone is receiving the decision from the hearing on the 11th of March, which we expect in the summer. I can't quite give a date for it, but usually within three months. It's not guaranteed. It could be April, May, June, perhaps. Can we guarantee the secure operations until that milestone? What we've done is we've asked for a range here, right? We have a minimum and a maximum. The minimum has been set in order to get to those points. The maximum takes us well beyond those first milestones. The minimum was set in order to get to that point. If the minimum is not reached, the board will have to consider a sale of assets or something in order to bridge to that point. I can read the second question here. How much do you need to raise to rebuild the plant in Italy, Brundanzini? That's a good question. Let me just consult here. We have a fixed price offer. It's between €650,000 and €680,000, subject of course to negotiation and whatnot. I believe the last we looked it was somewhere around NOK 7.6 million. Obviously, exchange rates change, so that's what we would need. NOK 7.6 million. We've put a floor at also around NOK 7.6 million. In order to rebuild Brundanzini, we'd probably need to start approaching the maximum of the NOK 20 million that we are asking for so that we can secure the going concern, have some for the runway to get to the next legal milestone, and then use any excess to rebuild Brundanzini. Can I just add one point? We have four power plants. One of those four power plants, we are able to sell that power plant now. We can have that as a backstop. That would yield more than sufficient funding to rebuild Brundanzini. What would you say the market value of that is today, somewhere? It's hard to estimate, but somewhere between €1 million and €2 million. Okay, great. That's an option as well. Obviously, anytime we sell a power plant, the revenue on a monthly basis changes. It's a balancing act. The one reason we highlighted Brundanzini in the report was because of the current state of the plant. It has the quickest payback time because the rebuild of any of the plants are fixed offers. It doesn't matter if the plant is producing at 100% capacity or 60%. The price is the same to rebuild it with the new technology. Obviously, the target would be the one producing the worst, so you'd get the most increase in benefit. Perhaps it might be worth mentioning that after this hearing on the 11th of March, again on the assumption of upholding of the original decision in favor of EAM, we can remove the pledge over these three power plants as well. They become open for sale. If there was a target at that point to sell a power plant, it might also be Brundanzini. This allows a bit of planning from the company and an option A, option B type strategy where if we have sufficient liquidity, we can rebuild it and improve the revenue and the cash flow. If we can't rebuild it, as long as we can get to the summer, it becomes a target for sale. That one, what market value in euros? Half a million, give or take. Half to one, half to one, even better. These are the considerations that the company is going in, but we have options for investment, we have options for sale, etc. I think that about covers it. Let's go to the next one here. Now that the criminal case in Milan has concluded, what are the next concrete legal steps for EAM and when do you expect the next major court decision that could impact the company's value? I believe we've just covered that, so maybe that was sent before the end of the presentation here. Just as a quick recap, next concrete legal steps are one milestone, what I would call two, get to the end of the summer of the coming year, get the decision in the appeal of the second arbitration and begin the process of collection from what we are owed, which is assessed currently, after interest, around €3 million and removing the pledge over the power plants. The next court decision we expect would be in summer of the coming year. Long term for the new case we spoke about earlier, we are looking at at least one year, more likely 18 months, to get to the conclusion of that one. Based on experience, I can do. Question number four. Question number four. If you get any money from winning the trial, what will the money be spent on? Dividends to shareholders or rebuilding more power plants? I'll answer this in Norwegian, if that's okay with you, Eric. Throughout the day, it's personal. Some also. The hardilog. Okay, that's the last of the questions I'm seeing. Yeah. I guess we will thank anyone for watching.