 Today, I have the pleasure of speaking with Constantine Carinopoulos from Neopreformance Materials. How are you today, Constantine? I'm very well, Tracy. Thank you. Well, Constantine, it's no secret that we've been following you for quite some time, and we're delighted by the news that you put out today about Neopreformance Materials announcing a contract signed with Energy Fuels and launching their first commercial shipment of rare earth product to Europe in the emerging U.S.-based rare earth supply chain. Amazing news, very disruptive. How about we start there? Well, thank you, Tracy. It was certainly important news for us internally. It was a bit of a non-event. We're excited about it, but you know, this is what we've been working on for a few months now. We indicated back in February that this is what we were trying to do, and we were going to do, and we did what we said we were going to do. Having said that, I was away in Mesa at Energy Fuels last week, and I have to say I was very impressed with the capabilities in that plant, and I'm extremely optimistic and extremely confident that they will be able to deliver additional quantities and perhaps at a very large scale. Of course, while you've been watching this, you know, you've been working on this every single day, Constantine, this is significant news to the overall rare earth industry sector. And your quote in particular, I thought was fantastic. You wrote, launch of this new supply chain is a real game changer for Neo and our growing customer base in Europe. I think in addition to this, you talk about unlocking the extraordinary economic environmental potential presented by utilizing low cost rare earth feedstock from monazite or that is a byproduct of existing mining. I really would love for you to walk our investor Intel audience through this and why this is so significant, why it is a game changer indeed. There's a very important ESG implication, environmental sustainability and governance implication in what we're trying to do here with Energy Fuels. I think the rare earth industry has come under criticism over the years in various parts of the world with regards to its environmental sustainability and even governance performance. So we have a situation here where the instead of building a new mine to extract rare earths from the ground, the monazites that Energy Fuels gets are produced by a large American company mining for beach sands, heavy mineral sands in Georgia in the United States. And they come out, you could, you know, a few years ago, you would have called it a waste product. However, now it's a legitimate byproduct. So no additional mining needs to take place. This product comes off, you know, as because Kimmors mines for other valuable minerals such as ilmenite for titanium and zircon for zirconium. So the monazite byproduct is effectively produced by Kimmors at zero or negligible cost. It goes to White Mesa, the uranium mill that Energy Fuels has. And White Mesa is an established producer of uranium and uranium chemist processing chemistry is very similar to the processing chemistry for the rare earths. So they have all the infrastructure and the capabilities to do this. And that's what we, that's why we were excited about working with Energy Fuels. They, the mill in Utah is fully permitted. It has very large wastewater treatment or sort of wastewater tailings ponds that are good for a thousand years. They're oversized. So this process ticks every box in the minimizing of, in the minimization of an environmental footprint because it's using existing operations. And in fact, after they process the monazites into a rare earth carbonate, that rare earth carbonate goes to our plant in Estonia where we do have available capacity that we cannot fill because our suppliers of raw materials in Russia do not have any additional capacity to supply it. So this, you know, it's an extremely capital efficient project. In fact, I can't think of anything more capital efficient than this in my 30 years that have been involved in this industry. And it really could be a game changer. There's monazites being produced as byproducts around the world. And really the only fully permitted plant with the capacity and the skills to do so, to convert those monazites into rare earth starting materials is White Mesa and Energy Fuels. I, something I'd like to remind you of is I did an interview with you, I think, in 2011. And you said the 800 pound gorilla in the rare earth extraction process was thorium. Now, I don't know if you remember this. Now, I believe what, if I understand properly, the White Mesa plant is able to extract as all the licenses to take out the uranium and thorium. Is that correct? That is correct. And we saw the fairly large solvent extraction circuits that are designed to do exactly that. White Mesa is in the business of producing uranium for nuclear power. And their customers are energy producers from around North America. So they have a market for the uranium that's contained in the monazite. So that creates a value for processing that mineral in addition to the rare earths. And they have, as I said, the right permitted, fully permitted facilities to deal with the thorium that is the necessary byproduct of processing uranium. So, you know, there is no other, you know, other than executing and doing all the things that they've been doing for the last few decades, very responsibly, I might add. There isn't really anything else to do with the naturally occurring radioactive materials that come in the monazite. So, and that's energy fuels business. We work with them to put together the right flow sheet to produce the mixed rare earth carbonate. And, you know, we're very happy with the quality of the material that is coming out. So we're, you know, our plant in Estonia is getting ready to run again at full capacity. Well, correct me if I'm wrong. Does this not make you a competitor, a direct competitor with Molycorp? Not really. I guess there's, on the one hand, Molycorp has its own business model. They want to go further downstream. They need to, you know, execute and establish their every phase of their flow sheet. For the time being, they're digging up a mineral from the ground and sending a mineral concentrate to China for processing. But they're working on setting up their chemical processing plant. So the next phase will be to take that mineral vastness site and converting it to a mixed rare earth chloride or carbonate suitable for further processing into separated rare earths. You know, it's a big world. It's a big market. And I think the world needs a lot of, a lot more producers that not only will produce the mixed rare earth carbonate feed for separation plants, but they will go further, produce more separated products, go even further and produce specialties for electronics, automotive, magnetic materials, and so on and so forth. So it's a, it's a big market and a big road. So I think there's room for energy fuels and Molycorp and perhaps a few other players in this business. Can you just talk to us about how this is going to impact neopreformance for shareholders positively and just kind of give us the highlights, Konstantin, I really appreciate it. Thank you. At a minimum, it allows us to expand or to run an existing facility harder and produce more of the valuable rare earth specialties that, that we make money on. So it clearly will have a substantial positive impact on our, on our P and L on the strategic side though, perhaps more importantly, it proves that Cilmet, our plant in Estonia, is the right plant in the right place at the right time as far as the European supply chains are concerned. Well, I'll tell you, thank you so much for joining us today, Konstantin. We'll hope that you will join us here shortly because we have a lot of other questions having to do with some of your previous news releases that you put out on behalf of neopreformance. Thank you again, Konstantin. Thank you. Congratulations. Thanks. Thanks a lot and happy to continue the conversation.