 Today I have the pleasure of speaking with Mark Chalmers of Energy Fuels. How are you today, Mark? I'm excellent, Tracy. How are you? Well, Mark, let's just start by congratulating you on the deal that was just announced this last week with the Department of Energy for the production of rare earths from coal-based resources. Let's go ahead. Let's start there, please, with just kind of an overview on what this really means. Yeah. Well, Tracy, as you know, you know, we've been actively advancing our position in the rare earth space as of quite recently, since April, and our main focus is on monocyte from heavy mineral sands operations as a first priority. So look at everybody else seem to be tipping in for some of these government-funded projects, and we did the same. And, you know, so we got this initial award, you know, we think it's complementary to what our core focus is, which is the monocyte from the heavy mineral sands. So, no, we're excited to, you know, advance, you know, what opportunity that may be, and we have the people in place to carry it out. Well, further to that, one of the quotes from this news release was that basically this was to evaluate and develop a conceptual design to allow for the commercial production of mixed rare earth oxides from coal-based resources in an environmentally benign fashion. I think that's the point I was trying to make. For all of you investor intel audience members out there, I apologize for the long-winded question, but I think a lot of people are interested in environmentally friendly resource technology applications. Can you comment on that just a little further, please? Yeah, well, look, this award is really in two pieces. It's with Penn State and Energy Fuels. Penn State's part role in this is that they've been doing a fair amount of work over the years. You know, they're supposed to supply us with a, you know, a feed that is high in TREO, so it has to be concentrated. And, you know, a lot of it's coming out of, you know, some of this coal refuge and ash and whatnot that has a higher or anomalous rare earth in it. I mean, certainly, you know, we're looking at, you know, we would look at a flow sheet that would utilize white mason milk that can process this higher grade material because we know, you know, grade is king on everything and the driver. But, you know, white mason milk is ready to take this type of material with the facility itself and the ability to handle, you know, whatever, you know, uranium or radionucleides that the feed, you know, may or may not have. But, yeah, I mean, look, I don't take it, spend too much time focusing on benign, but let's face it, you know, white mason milk fits a unique role when it comes to dealing with rare earth feed streams. So, Mark, from Department of Energy to Department of Commerce, you also just put out a news release having to do with reducing Russian uranium imports. Can you comment about this? That was an excellent news release, by the way. Yeah, look, look at, you know, as you know, Tracy, we've been doing a lot of work with the U.S. government on minifronts and I think we really punch above our weight as a company in the sector, you know, uranium and benadium and rare earths. Look at it was a step in the right direction because the, without the extension of this agreement and it's still work in progress, but with, if the agreement is not extended, effectively the Russians can bring whatever uranium they want into the United States and they would like to go much higher than the current limit of 20%. You know, they would probably put in 30, 40, 50% if they could and this new agreement will limit them and reduce the quantities coming into the United States over time. I mean, it reduces down to about 15% of our consumption of our nuclear power plants. It does provide a bit of a transition in the first few years where it goes above the 20%, 22%, 23% and then it starts ratcheting down on a number of fronts. So, look, it's a step in the right direction and a big part of it is driven off of some of the work we've done with the 232 petition with the nuclear fuel working group provided a lot of support to extend the agreement and reduce imports from Russia over time. As well, of course, you know, you clearly articulate in this news release how this will help revive the U.S. uranium industry and you've touched on that a little bit in your answer, but further to this presidential election. How will that affect everything that has happened moving forward depending on who wins or do you want to pass on commenting on that mark? Look, we're positioning ourselves to where we can navigate through any of these political upheavals that we're seeing. I think the exciting thing about the Biden administration is they actually are supportive of nuclear power because if they're going to get to zero carbon emissions, they can't do without nuclear power. So I think there is support with Joe Biden if he's elected for nuclear power. I think there's support with the Democrats for rare earths. I think there's support for both parties on things like cleaning up of the Navajo Nation. So I think that energy fuels is in an excellent position and probably the best position of our peers when it comes to uranium, vanadium and rare earths to straddle whichever direction we need to go based on changes of government. But I think that, you know, when would you ever thought that certain parties are talking about eliminating all carbon emissions, you know, oil and gas and coal completely in a fairly short period of time? So we're set and we're ready and so bring it on. Of course, speaking of being well positioned, you recently announced that you are doing a cash redemption of all outstanding debentures and that you're going to be debt free by October 6. Is this correct and how are you doing in achieving that mandate? Yeah, look at, Tracy, it's absolutely correct. Look, after being in the resource sector for over 45 years, I've learned that, you know, debt, you know, particularly legacy debt is not your friend. So, you know, we're going to pay off our residual debt for the convertible. It's about $8 million will be debt free. You know, that was, you know, something that we decided we wanted to be completely debt free. We didn't want to keep pushing out the convertible or rolling in over refinancing. So we've taken that position and I'm very, very glad we've taken that position and that'll make it stronger for the future. Look, even after we pay the debt off, you know, we will continue to have between 40 to 45 million in cash or working capital available to us. And being debt free, we think that puts us in an outstanding position in any market for a long time. Well, I'll tell you, those are some sizable mandates that you currently have. Dare I ask what shareholders should also anticipate this coming fall? Look, I think, you know, in addition to, you know, paying off the debt, you know, I think there's going to be good news flow on the rare earth front in particular. We're still pushing for the uranium stockpile with the U.S. government. We think that, you know, there is some bipartisan support for that, but we're still pushing forward with that. But I think most of the news flow will be on the rare earth front, you know, in the fall. And I'm very excited about that. And, you know, as we've discussed, you know, we entered in April, made an announcement, we're getting into the business and we are really moving quickly there. And I think people will be very surprised on the type of things that we can do because of the uniqueness of our position with white mason male being able to handle particularly monazite feeds or feeds that have uranium, thorium in them in an environmentally responsible way in an economically beneficial way. Well, Mark, as always, it's a pleasure. Thank you for joining us today. Thank you, Tracy.