 You've just put out some news that I thought everyone I mean uranium on its own is exciting for clean tech investors but you just announced the you completed your patented well installation technology field test. Everything I read very exciting. Let's talk about this. Yeah really excited about this. This is really at the heart of our company. We are a leader in technology development in the in situ arena but back in 2021 we were looking at a drilling program to begin to work toward ramp up at our lost creek mine and we found out very quickly we could not get casing or if we could get it it was going to be delayed by many months and that was not acceptable and so we said it we got to find a different solution. So our engineering team and our geologists they work together and actually came up with a new method for well installation and we were so excited about it that we went ahead and got it patented and that patent will be perfected very shortly and we began field testing once we got approval from the state. So the press release that just came out yesterday it talks about the results of phase one testing. It was very successful. A number of the challenges we knew that we would face with installation we were able to overcome those. We did stub our toe a couple of times early but very quickly our guys found solutions and we were able to develop the technology and the cost savings the potential cost savings is incredible. We're looking at saving more than 70% of our time on injection wells so we cut the drill rig time down and to really quantify that into a meaningful way so investors understand is our mind cost or C1 cash cost for producing pounds of uranium is a little over $16 a pound. This technology we believe we can save $2.50 a pound upwards of $3.50 a pound. That's a big percentage reduction in our C1 cash cost and we're now moving into phase two testing to prove out flow rates and well development technologies associated but a lot of different angles here Tracy it's it I can talk about this for hours I love it it's what we do. John everyone talks about cost savings but to me and life time savings and did I read this right 75% reduction in drill rig time? Yeah that's absolutely correct so we're utilizing the drill rigs just for the front end of the process we're not using it for the back end of the process so we got literally a few hours of rig time per well that's a dramatic change from three and a half days is what is typically required so yeah we've really cut back on the time requirements. And if I read this correctly and then tell me if I have this correct you're going to be able to sell this technology to other companies. Yeah in fact the day the press release came out we've had actually two companies already have reached out to us and said hey that's really interesting would love to talk to you about that some more and so yeah we look forward to licensing the technology we need to perfect it in our phase two testing but license it out to other in situ and by in situ I don't mean just in situ uranium there are other commodities out there it can be applied to. And if I read this also correct copper lithium, soda ash, pot ash and other soluble minerals yes? Yeah absolutely and even beyond that Tracy we can look at monitor well installation we can dramatically reduce the cost of monitor well installation that's used across the globe so we think we've got some opportunity there to license to a variety of industries environmental and mining. So I've read this represents up to as much as 49% savings on the installation of an injection well and this represents 65% of wells and well fields designed talk to us just a little bit more about the cost savings I want to make sure that I've got this right. Yeah absolutely you know before we put out the press release we had a lot of numbers in the draft and I came back to my guys and said you know these numbers are meaningful to you and me but to the investing public they're not because they want to know the bottom line and the bottom line is we're looking at $2.50 to $3.50 savings per pound and keep in mind again our our cost of production mine size is a little over $16 so this is a big big savings goes directly to our bottom line in profitability. So you're one of the leading sources of uranium in the United States you also have close to 40 million in the bank and now you have a technology which can save people time and money is that correct? That's right and not to mention the ESG results from that as well so yeah research and development is near and dear to our heart tremendous impact on the bottom line when we do research and development but also ESG implications are significant as well. Well we're going to have you join us in the critical minerals institute for our next virtual summit on ESG and critical minerals and we'll talk to you about that a little bit later thank you so much John for joining us today. Thank you Tracy.