Operator
Good morning, and welcome to the Tharisa plc Investor Presentation. [Operator Instructions]
Before we begin, I’d like to set the following poll. I’d now like to hand you to CEO, Phoevos Pouroulis.
Phoevos Pouroulis
CEO & Director
Good morning, and welcome, everyone, to this very exciting presentation that we would like to share with you this morning, and it’s the phased transition to underground mining.
As you all know, we’ve been an open cast miner for last 15 years of our existence. And as we deplete our open pit resources, we transition from the open pit and the west mine to start with to underground mining. And what’s very exciting about this is that we’ve been studying and contemplating this for a number of years. We’ve always planned to go underground, but it gives us the opportunity to redefine our resources to innovate again with purpose and to empower futures.
And so this really is an introduction from my side, but I’m joined by my colleagues to my left, Michael Jones, our CFO, whom you know well, to my right, Vulela Makuni, our Managing Director of Tharisa Minerals, the Tharisa Mine; and Roy Murley, our Executive of Operations.
So when we look at the next slide here, unlocking multigenerational value through integrated mining. So we have a vision, which sees a fully integrated complex where we unlock value beyond the world-class open pit that has proven its resilience through the coproduction Platinum Group Metals and chrome concentrate through very, very volatile commodity markets geopolitical storms and many headwinds.
And through this, over the last 11 years, we’ve remained profitable. We’ve been able
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