Sinn Fein announce that Mary Lou McDonald will become the party's next president

The video discusses the closure of nominations for a position, highlighting that if one did not receive a nomination, they missed the opportunity. It concludes with the announcement of Luke Donald as the President elect of the party.

What was the purpose of the nominations mentioned in the text?

What does the speaker imply about their own nomination?

What feelings might the speaker have regarding the nominations?

What is the significance of the phrase 'So please welcome' in the context of the text?

Who is referred to as the President elect of the party?