 Today I have the pleasure of speaking with Ian Chalmers of Alcain Resources. How are you today, Ian? Great. Thanks, Tracy. Nice to talk to you again. Well, Ian, I'll tell you, we were delighted to see you're one of the top 50 performing OTC stocks last year. Is that correct? Yeah, it was great. I must have been quite surprised, but that was great to see. It was great. We get some recognition for everything that's going on in the company. Well, and speaking of recognition, you're coming to North America May 15th and 16th to speak at the Clean Tech and Technology Metal Summit. Is that correct? Yes, I am. I'm looking forward to it. I hope you just turn on the warm weather. That's all. And of course, Ian, you're going to be one of the featured speakers at the Clean Tech and Technology Metal Summit May 15th and 16th. Can you share with us what you plan on speaking about as Alcain Resources is a multi-commodity play? Yes, we thought this time we'd do something slightly different. We've always talked about the project or financing the project and those sorts of things. But we would like this year to talk about hafnium and we think it's appropriate that we bring up hafnium to the broader audience because hafnium is a fascinating metal. And certainly all the work that we've done in the last two, three years on hafnium indicates it's one of these metals that really is going to have a big impact on our future. And I'd like this to expose the world to some of those fascinating developments. And of course, many of our members of our audience are going hafnium what? So Ian, if I could just get you to back up because I am a believer in hafnium and the technology that hafnium can be used for is quite sizzling. But if you could just give some of the investor intel audience a bit of an overview. Sure, hafnium traditionally has been involved with the nuclear industry. It's used in control rods and nuclear reactors and then most people associate with that. It's a small, very specialised market. In the last 10, 15 years it's got into special alloys. So it goes into nickel cobalt alloys that are used in high temperature turbines and a small amount of hafnium has a big impact on its operating temperature. And so it's developed a market in that area. But the exciting things are what's in the pipeline, the things we call ferroelectric. And these are the applications in kagani, computer chips. Hafnium oxide, thin, very thin alloys make computers lighter, faster, less energy, less heat. All of those good things that they should do. So that's a development that's been around for, again, 15 years, but we're seeing a lot of commercial interest now. And the other one, which is a thermoelectric application, which means it takes a hafnium oxide ceramic, converts heat into electricity. And you can imagine a lot of potential interest in that. Just around automobile engines converting the heat of the automobile back into electricity, going aircraft, spacecraft, all those exciting things. So those last two are just some of the big new commercial applications that we see coming. And maybe three, four years, but a lot of interest, a lot of excitement in amongst the companies that understand this business. And of course the demand is outstripping the supply right now. Is that correct? Absolutely. I mean, it's a very, very opaque market because of the strategic implications. It makes the rare earth industry look positively transparent, which is saying something. But, yeah, hafnium is an interesting metal because there are very few western producers, or very few producers at all. And it's just at that point where we're very confident there just isn't the supply around right now to make anywhere near the demand. Of course you have a lot of the magic formula messages our audience likes to hear. You're actually producing gold, and we're liking gold in North America a lot. So can you tell us a little bit about your gold project, the Tmingli project? Yeah, it's a small mine, a modest sized mine. It produced around 70,000 ounces of gold a year. It's operating margins sort of in the range of three to four hundred dollars an ounce normally. So that gives us a good return. It's been going there for three years. We opened Pipilife, it's got another year and a half to go. And then we would like to expand it by going underground, and we've got another project about 15 kilometers away that we can bring on stream at some stage in the future. We can see it just progressing along that round that right of 50 to 70,000 ounces a year and generating 20 to 30 million a year cash flow for us. It's a nice business. It's very good. It's worked well for us. And an update on Rare Earths. We notice Rare Earths are trending on investor intel. Our top five out of seven stories right now are all Rare Earths stories. And I'm being told by many economists that they're cautiously optimistic that there's going to be an increase in Rare Earth prices again this year. What are your thoughts on this and how are you doing with the Dubbo project? Look, we absolutely agree. All the feedback that we're getting, the information we're getting out of China is that the Dan war was broken. And realistically now prices have already started to trickle up. Certainly things like Ney Denim and Prazerin prices are starting to go up. I think that will flow on, not across the board because we still have this issue with oversupply of things like Lantan and Syrian. But definitely interest growing. We think a lot of the stockpiles are gone. The Chinese government wants its companies to be profitable and the only way they're going to do that's by putting up prices. So that's great. That's great for the project and great for the Rare Earth industry. The other thing that's really interesting for us and that's probably not something that's caught anybody's attention yet is Zirconium. Zirconium chemicals, many of them have jumped 10% in the last few weeks. The Zircon price has gone up. The primary producers, the Zircon price is going up. We see a big impact in the second half of the year on Zirconium and Zirconium products and we see quite big jumps. So very good for Dubbo project, very good for our revenue streams and very happy with all that we're all those markets are going. Well for the record, when you said great, I was going to ask you about Zirconium. So let me also give you an opportunity to tell our audience a little bit more about Zirconium demand presently. And what it's used for, because there may be some investors out there that may not fully appreciate what you're talking about. Yeah, it's a bit like Rare Earth industry. It's very diverse. When you get into downstream Zirconium chemicals, there's an amazing diversity of applications. And the basic ones are refractories, refractories that are pretty dull and boring. But when they're used in special glass and special metal areas, they have to be very high-purity, very good materials so they attract a premium price. Then you go up to other ceramic applications like household tiles, for example, use Zirconium and Rare Earth and Zirconium. And that's another big demand area. Auto catalysts, convertible and a car resource uses Zirconium. But again, the real interesting things are in some of the electronic applications, dielectric applications, all sorts of things that are used in modern technologies. Instead, people don't know much about it because it's not widely publicized. And of course, Ian, not everybody in the industry may appreciate what a leader you are in the technology metal sector. I mean, you're celebrating your 30th anniversary with Alcane Resources. Can you tell us what we as shareholders should anticipate maybe in the upcoming couple of quarters that you can talk about? Yep. Well, thank you for reminding me of that great date. Look, coming up, we have an enormous amount of activity going behind us behind the scenes. A lot of this stuff is very commercial sensitive. You can't say too much about it. But we have multiple deals, multiple offtake agreements, multiple technology, working agreements with different companies. And over the next six months to eight months, the remainder of this year, we see many of these deals crystallizing and impacting on the project, impacting on its revenue streams and therefore impacting on its ability to get finance. So it's very important. And so I wish I could sit here today and say, agreement X will be out next week, but it just seems to take an orderly long time to get some of these things finalized and out in the public. And then you run into the good old issue of companies not wanting their name published for all sorts of commercial reasons. And then we have to work around that issue as to how we tell the world we've got this fantastic deal with Company X. And it doesn't sound great. It doesn't have Company X, but there's a lot of those things happening behind the scenes. So for everyone that's planning on attending the Clean Tech and Technology Metal Summit in Toronto May 15th and 16th, we had Ian Chalmers and team coming over from Australia. We look forward to seeing you soon, Ian. Thank you. Thanks, Christ. It's great to talk to you. Thank you.