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Good afternoon, ladies and gentlemen, and welcome to Capstone Copper's Fourth Quarter 2024 Results Conference Call. [Operator Instructions] This call is being recorded on Wednesday, February 19, 2025.

We expect Lam to focus on generating strong cash flow while prioritizing its R&D investments. We also expect it to remain moderately leveraged. As of June, Lam held a net cash position, with $5.8 ...

Jacobs Solutions maintains a sound capital structure. As of September 2024, the firm owed approximately $2.2 billion in long-term debt, while holding roughly $1.1 billion in cash and cash equivalents.