Steven Curtis
Management
Well, good morning, ladies and gentlemen, and thank you for joining the 2020 Results Presentation of Caledonia Mining. It's a pleasure to actually present these results, and you'll understand why as we run through the very successful financial results, operational results and just a general update for Caledonia. So let's proceed without any further ado. The disclaimer, most of you will be familiar with, and we have to put it up there. So there it is for you. Now moving on to the 2020 highlights. It really is encouraging and pleasing to be able to talk to highlights in a year that most of us look back and wish had never happened. 2020 was a tough year from a COVID perspective, affected every single one of us. Luckily, the -- COVID had a minimal effect on Blanket Mine. We had 1 case at the mine during 2020, but the structures that have been put in place, the discipline that is demonstrated by the staff saw us through the COVID pandemic, and it did not affect our overall operating results at Blanket Mine to the actual extent that we recorded a record production of 58,000 ounces. And Blanket, as it always does, had very well controlled costs. Obviously, there were some exceptional costs because of COVID, and Mark will talk about those just a little bit later when we get into the financial review. A very, very good strong set of financial results, high production, a higher gold price arena. I'm not going to elaborate too much on the financial results because Mark is going to talk about them, but there are 4 very, very important points. Turnover hit the $100 million level, 32% increase above previous years. Gross profit hit $46 million, 50% increase. And adjusted earnings per share hit…