And now it’s my pleasure to turn the call over to L&L’s Chairman and CEO, Dickson Lee. Mr. Lee, please go ahead.Dickson Lee – Chairman and Chief Executive Officer Thank you and good morning to everyone. I’d like to welcome you to our fiscal year 2012 earnings call. We are pleased today to share with you our financial results for the year and discuss some of our recent development. We are pleased with our progress this far towards becoming a consolidator in Guizhou. Revenues from continuing operations surged 52% in the fourth quarter compared to the third quarter of 2012. We believe this shift is a representative of the steps that we have taken to capitalize the consolidation opportunities in Guizhou the potential to acquire mines that meet our standards for safety, scalability and operational efficiency such as the Union Energy mines would be a major driver for sales growth in the quarters ahead. In parallel, we’re making great strides in expanding our wholesaling capabilities. Late in the fourth quarter we secured a storage facility at the railroad terminal in Shin PingBa that is in Guizhou province in China. The storage place helps to streamline our wholesale platform and distribution network to enhance our ability to serve major customers such as Datang International. As you are aware of Datang International is one of the largest utility companies in China. More recently we established relationship with China Construction Bank and AVIC Sichuan Coal Logistics Company which further strengthening our capability in the wholesale market. Overall, I believe this wholesale segment is a very attractive area that poise for rapid expansion in 2013. Now, I like to thank our shareholders for their continued support. With that, I will turn the call over to our CFO, Mr. Ian Robinson, who will give details on our fiscal year financial results. Ian?
Ian Robinson – Chief Financial OfficerThank you, Dickson. Good morning everybody. Outperformance in the fourth quarter concerns prior expectations that we are turning the corner from the challenges that were present in earlier quarters of 2012. At 108,000 tons of production, our fourth quarter represents 32.8% of overall coal production volume for the year. Our total sales from continuing operations for the fiscal year were 143.6 million, which is broken up into the following: Mining contributed 37.9 million; washing contributed 69.6 million; wholesale contributed 20.6 million; and coking contributed 22 million. Gross profit for the year was 39.8 million. Net income was 19.2 million. And earnings per share for the continuing business is $0.51 of diluted shares. Net cash provided by operations for the fiscal year was 25.7 million. Our yearend cash and cash equivalents totaled approximately 4 million and our tangible book value increased to 5.72 cents per share. Net income attributable to -- sorry, that was $5.72 just to make it clear. Net income attributable to the company was approximately 14.2 million for the fiscal year. The difference between net income and net income attributable to L&L is due to the deduction of net income from non-controlling interest that L&L holds. The fourth quarter really improved over the third quarter. For continuing operations on the quarter-over-quarter basis, revenues increased 52% from 27 million in the third quarter to 41 million in the fourth quarter. Net income grew 128% from 3.2 million to 7.3 million and earnings per share from continuing operations increased 120% from $0.09 per share to $0.20 per share. Going forward, we are optimistic that the fiscal year 2013 will show significant overall improvement. Weishe recently completed its final safety inspections. We anticipate it will ramp up production quickly in the coming quarters. Also, Union Energy’s LuoZhou Mine recently began its trial production. Read the rest of this transcript for free on seekingalpha.com