 Today I have the pleasure of speaking with Don from Avalon Advanced Materials. How are you today Don? Great. Thanks. Good to see you again. Well the last time we spoke we're just following up You've just put out your announcement on the completed PEA for the Separation Rapids Lithium project. Talk to us about your results Don. Obviously, we're pretty pleased with the results and the market reaction to it and it's an important milestone for the project there. Ironically, we're sort of going back to the original thesis we had for that project 20 years ago, which was to focus on producing Lithium mineral product for applications in specialty glass and ceramic products and we're seeing that as a logical thing for us to do now at least to get started in the business and we see it as kind of phase one get into production at a relatively modest scale and build scalability into it to allow us to add in Lithium battery material product at a later date as a future scale-up of the operation. Well, and Don, you have an off-take agreement already with Lepidico. You want to talk about that and where you're going to take it next, how you plan on doing this say in the next couple of quarters? Yeah, because of Lepidico's interest in the Lepidilite product at Separation Rapids, which is a relatively minor byproduct and the fact that they were building a process plant in Ontario, it makes sense for us to recover that as a byproduct from the Separation Rapids or serve their needs as well and their initial needs fit with the amount of product looks like we can deliver at this early stage in the development. So it's a good fit for us, but the primary focus will be on the on the petalite for the for the glass industry. That's the main mineral in the resource and as the PEA shows, we can do that at a relatively modest capital expenditure compared to what's costing to bring new lithium battery material supply to the market and that's an attractive feature at 70 to 80 million dollars in capital to get started. And given how lithium has been repriced, it allows for a very attractive returns on investment there and with IRR is above 20 percent. I think I read, you mentioned 70 to 80 million, your news release, I think indicated 77 million, but then the revenue looks quite good. Do you want to talk, speak to us about that and what we're looking for as shareholders? Well, that's based on the model we have there now. We think you have to anticipate how much product you think you can sell in the marketplace. We've got lots of expressions of interest out there, some from some large players, some from some smaller players. So we think the scale we've conceived this at is reasonable given the demand in the marketplace and so that's what governs the size of the operation at the stage. And of course, thanks to all the battery demand for lithium, lithium has been repriced from what it used to be to make a more attractive return on investment. But we also see that once you get going in the business like this, you can always look at possibilities for growing your business over time as demand increases in the product. It's a matter of getting started out of a reasonable scale, get your product introduced into the market, get it accepted and then see where it goes from there. And of course, in addition to separation rapids, you have two other projects in speaking of demand with the latest U.S. Defense Act. Are you receiving a lot of inquiries about Nechilacho and the Northwest Territories and Rare Earths? Oh yeah, still on our radar screen for sure. The interest in our Rare Earths and we are keeping an eye on that waiting for the right opportunity to renew activities there and be ready to go when the opportunity comes along. But our focus is on separation rapids, lithium and our East Kempville Tin projects right now that are very close to being able to move into this next phase of development towards construction and production. And of course, you may be receiving some inquiries. I read recently that you're also now the co-CEO of Resignata. Do you want to comment on that for the Avalon shareholders? Sure, I do want to assure all of our shareholders. I haven't gone anywhere. I'm still maintaining all the duties and responsibilities that I have for Avalon. I guess I'll be working even more nights and weekends than I do already to handle the additional work. But Zenyatta is a fascinating story as well. A very unique graphite resource and we're seeing lots of opportunities to serve this emerging market for Graphene because of the new markets that are developing there and the quality of the resource there. It was going through a transition period. I've been semi-involved in that company for a long time and thought I could be helpful to get through this transition by lending my help as co-CEO on an interim basis until we get the company kind of back on track again. Well, that'll obviously be a win-win for everyone involved because of your relationships in the battery material sectors. So, gone. Then with the separation rapid steal, what should we as shareholders anticipate in the next couple of quarters? I think you talked about taking the pilot program to the next level. With this confirmation on the viability of the project, the next step for us is to firm up the critical offtakes we need to justify the capital investment to move forward with the next phase of work. And we've got that interest now. And then before we can go ahead with construction, there's some feasibility level work still to be done. We want to do another bulk sample, finalize our process flow sheet to feasibility level standards and then from there generate more product for samples for the market and then be in a position then to finalize the business case to go forward with production. Of course, in parallel with that, we'll complete our environmental assessment work and the necessary permits get all those in place and work out agreements with our First Nation partners. Well, Dawn, thank you so much for joining us today and thank you for the update. Thank you, Tracy.