46 Joshua Wolfson: Then the second question is across all the various slides on optionality, one of the assets that was not discussed is Holt. I know the company doesn't talk about this much given the current circumstances. I was recalculating the royalty rate on that asset. I think it's about 50% at current gold prices which might not be realistic. But the operator there has outlined a plan to review the project, maybe consider spending some additional capital to restart the plant. What's Royal's thoughts there? And what's the potential pathway to seeing that royalty resume payments? William Heissenbuttel: Yes, Josh. I mean I think we probably agree with you. There probably is a different solution at Holt. It's just -- it's a little early to even talk about it. But certainly, at these prices, it's a very different gold price environment than it was when Holt closed a number of years ago. Operator: I'm not showing any further questions from the phone lines at this time. Alistair Baker: Okay. Thank you. We do have a few that have come in through the webcast. So, Kim, if you're okay reading those, please. Kim Bergen: Do you have an approximate target allocation for silver within the portfolio? Or are you largely agnostic between silver and gold? How do you view copper and other traditional base metals within the portfolio? William Heissenbuttel: Look, silver is in the box. We don't have a target allocation for silver. If we happen to increase silver relative to gold because we made a couple of investments that we really like, that's fine. I always say if you give us five projects, three of them are gold, one is silver, one is copper, we probably look at them in that priority because we're a gold company, and that's what we're sort of selling to shareholders. Copper, as we have said, those are one-off situations. Someone calls us up, say I've got this royalty, would you have an interest? And if we like the asset, we might bid for it. But when Dan and Jason and the business development team are out there marketing ideas, we're not out there marketing copper streams, copper royalties or any other base metal.
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