 Thank you for joining us at the Clean Tech and Technology Medal Summit at the King Edward Hotel in Toronto, Ontario. Today we have Mr Ian Traumers with us, fresh off the airplane from Australia. Thanks Peter, nice to be here again. Welcome back, it's been a year since we chatted. It's been a year, yeah. I would imagine the past year has been an interesting one for you. That's one way to describe it, yes. Tell us a little about that. Trying to advance the Dubois project through financing, we've really done everything that we can do in terms of process, development, market, development. We're effectively construction ready, just trying to put the financing in place and started off with a billion dollar project and now working on cutting that into two slices. So that's a good step forward. And where is the Dubois project? It's about 400 kilometres northwest of Sydney in a region they call the Central West, which is a strange name for something that's near the East Coast, but that's what they call it. And it's a very civilised part of the world to operate in. Probably countryside, farming countryside, a lot of infrastructure that you'd need and a good place to live. Now, at PDAC in Toronto this year was the first time that I heard about Halfnium. Right. It all elements 72 on the periodic table. Tell us about what you're doing with Halfnium. Okay, well it's a long story, I'll give you the shortened version. Halfnium, we were approached four years ago by a large aerospace group to say, what are we doing with the Halfnium in our deposit? And we said, well, the Halfnium reports with the Zirconium, most Zirconium products of Halfnium, that's the way it leaves. They said, well, if you can separate it and get it out, we'd be very instant. So we embarked on a process to look at Halfnium and really then looked at, first of all, the technology of getting it out. And it's very complex, but we've got a process. But secondly, I suppose getting into the Halfnium space, we suddenly realised that here was a metal that had this enormous potential with enormous amounts of R&D taking place that show lots and lots of opportunities. So very interesting product. So what's the global market for Halfnium in terms of tonnes? About now 70 tonnes a year, not big. Produced from where? Two large Zirconium metal companies, ATI in the US and Aruba in France. And they make it as a byproduct of producing nuclear-grade Zirconium metal. And are the deposits in the United States in France? No, no, they buy raw materials from most of the parts of the world, mostly China, though, currently. They buy Zircon Zirconium chemicals from the Chinese to process into Zirconium metal and to Halfnium. So if I remember correctly, Zirconium allows us neutrons to pass through, but Halfnium reflects them or shields them. Basically, yes. In a nutshell, Zirconium metals use to house the fuel and the nuclear reactor. So in the reason it's there, it's the only metal that can withstand the temperatures and the neutron passing through them. The Halfnium does the complete reverse. High temperature resilience, but it absorbs neutrons. So it uses control rods in the reactor. So here we are at the Technology Metal Summit. What else can you use Halfnium for? That's a really interesting story and, surprisingly, a lot of new developments. The key one right now, and it's been probably our biggest driver for Halfnium for the last five years or so, is super alloys in jet engine turbines, industrial gas turbine-type motors or engines. And what does it add to the alloy? It adds temperature resistance. For example, 1 to 2% Halfnium in a nickel-cobalt alloy in a turbine enables that turbine to run it from 1,400 degrees centigrade to 2,000 degrees centigrade, which means fuel efficiencies, emissions minimizations, better energy use of that material. So that's one of the big drivers. So that's probably the backbone of the Halfnium industry, but the real new developments are in ferroelectric components, dielectric components in computer chips and computer data storage, and also in thermoelectric or thermoelectric opportunities where Halfnium oxide can convert heat also into electricity. I had heard that there was some research being done into Halfnium converting solar energy into electrical power for the batteries. That's part of that same process, the thermoelectric-type process that basically is taking heat or energy from the sun and doing two things. One, converting that heat into light energy, which then gets converted into electricity. Your company, All Keen Resources, is in an enviable position. You have this really cool technology with this neat new metal, but you're also punching out gold every month. Yeah, pays the bills. In quarter one, you did about $27 million of gold sales. Yeah. Your stockpilot surface, and I think you have some bullion in the vault. We had about $8 million with the bullion sitting in the vault of that state, so the $27 million probably generated us cashflow of around about $7 million or $8 million. So nice to have, nice to have when you're developing a big project like double, you don't need to go be back to the market or trying to sell your soul to somebody to get funding to go forward. So it's kept us charging forward over the last four or five years when a lot of other companies have been forced to stop. What's the life of mine for the gold project? The open pit stage probably ends towards the end of next year, and then we're developing an underground mine on the basis of that. So another three years after that, but still a lot more exploration potential. We're doing a lot of exploration there now to try and expand it out. All right, what should we look for from All Keen this year? Hopefully a decision to go on double, and that really revolves around getting all the financing in place and pushing the buttons to go. So we're closing in on that. Our belief is that we'll start work in the second half of the year, but that still involves putting a lot of the finance together over the next three or four months to push that button. Is it possible to do a streaming or offtake agreement for the hafnium? Could be. Certainly offtake is highly likely. We've stayed away from streaming. We had a lot of approaches on streaming for all the product output from the project. State of Wight knows a bit because they tend to be pretty expensive, but we think we can normally finance the project through market offtake and also through other debt facilities like export credit agencies, which are effectively national banks. Now, you've been with the company since the mid-80s. Yes. And you took over as a CEO about five years ago? Ah, 2006. Wow, it's been a while. It's been a while. So you've been able to take this project and advance it all the way to production. Yeah. And now you're working on the hafnium? Yes. Good for you. It's a real accomplishment. You should be proud of that. Look, I am. I am certainly, but I also say that I've had a team of people working with me. It's not just me. There are a lot of other people, a lot of the very smart people working with me over many years now to get the project to where it is. We're looking forward to seeing you again next year. We'll keep an eye on the developments during the year. Thanks, Peter.