 PEDAC 2023, day three, and I have Peter Nicholson from WCPD. How are you today? I'm doing great Tracy. Thanks for having me. So, how did you get involved in this? In the charity flow-through shot side, well, I've been in the tax reduction business since 95, financial services since 87, and I saw an opportunity in 2006 when there was a tax law change to promote more philanthropy to donate public shares and not be the capital gain stacks. And I immediately knew that flow-through shares were the best public shares to give because they're all capital gain. So we did one two days after that March 2006 budget, and we've been rolling ever since. A little difficult when you're doing something new, being a pioneer, so the first two or three years, it looked too good to be true. Tracy, it really was a lot of presentations. We had to build up a phenomenal board, and we got the chairman of Deloitte on our board. That helped a lot. You had to build up credibility, but now we're in our 17th year and we're well known in PDAC. Everybody knows what a charity flow-through is. It's true. Everybody does. And for those of you who perhaps don't, this has got a lot of compelling and exciting characteristics. I mean, you're changing the world because you're not just raising money for companies to help them develop here in Canada, but you're also donating money to worthwhile causes. Yeah. You're right. I find it interesting about this PDAC, comparison, let's say, five years and ten years ago. Ten years ago, they didn't know what a charity flow-through was or a liquidity provider. Five years ago, maybe half or 25% of the audience knew a little bit. Now, 80% knows the name, but they still explain it to me again, Peter. I don't quite follow it because it is complex when you're not in the tax world. So we try to make it easy for someone. Most of the people here in the PDAC understand what a flow-through share is. And they're pretty volatile. They're venture capital. And where we were able to make a big difference was finding what we call a liquidity provider. These are institutions or high net worth people that really understand the mining business and will buy all these volatile shares from us immediately as long as you sell it at a discount. So we turned the flow-through shares into what used to be a grand slam into a double every time because of selling it to the liquidity provider and getting a guaranteed rate of return. So can you give us an example of one of your more successful flow-through, charitable flow-through deals that you've done recently? Well, one of our top clients was Skeena. We started raising capital for them when they were a $20 million market cap. Now they're a billion. With charity flow, they get a higher premium than they could get with regular flow. And then we place those flows in institutional hands that will hold it for a long time and they get a bit of a discount. So it's a perfect world. So if I'm a company out there, a CEO of a company, there's a lot of investors that investor and tell who are. And I want to get ahold of you. Is there a limit to how much flow-through? Is it like half a million, million, 10 million? What kind of range does WCPD work with? Sure, sure. A good year for us would be $200 million of flow on about 60 companies. So we do a lot of companies. We'll even do raises as low as $500,000. Our biggest has been $33 million. And the group, there's three other friendly competitors that we deal with. And together, we're probably maybe about $750 million to a billion dollars, just doing charity flow. So we're the majority of the market. So you heard it here at Investor Intel. You want more information, please go to the WCPD website. Peter Nicholson, thank you so much. Okay, thanks, Tracy.