Financial discipline to match our entrepreneurial spirit. Ran gold still thinks of itself as a small company, cash constrained, and cares about every dollar it spends (our DNA) The flat management structure and hands on approach still allows for a high level of executive involvement in the day to day running of the business: Aligned with entrepreneurial and fast paced decision making High level of effective control but also a drive to reduce bureaucracy That has not stopped the company from evolving, leveraging technology and increasing the effectiveness of the business: This is particularly important given the remote locations of the operations and the lack of a physical ‘head office’ The flat, hands on structure can only be maintained if the business works smarter given the growth in operations A number of initiatives have been undertaken over the past year, including: SAP BPC for group reporting, budgeting and consolidation Fixed and Variable costing analysis across operating units Standardized group reporting.