 Today I have the pleasure of speaking with Peter Clausi of CBLT Inc. How are you today, Peter? I'm very well, Tracy. How are you? Well, I'll tell you, how does it feel to be a junior that's actually making money? Can you tell our shareholders and tell your shareholders and investors out there a little bit more about what you're doing right now? Sure. As we all know, it's a difficult wine market out there. There are many companies whose values aren't reflected in their share price. So you can either sit around and wine about it, or do something about it. My board told me to do something about it. We bought non-core assets, packaged them, went to Australia, met with anybody who'd meet with us, and was able to sell these assets to create a profit for CBLT back in Canada. In essence, we did a hard dollar, million dollar financing without any fees on top. Well, while you were in Australia, we had a couple of investors in town this last week. They're telling me that Australia is experiencing a gold rush and they're redirecting their attention towards the resource sector. Is this correct? Is this consistent with your own conclusions, having just gotten back from Australia? Well, Australia doesn't have the same kind of risk capital market that Canada or the United States has. They don't have a cannabis market. They don't have a crypto market. The risk capital has stayed in junior high tech, junior mining, junior oil and gas. It hasn't fragmented, so there's more capital available. But yes, there have been a couple of recent discoveries in the gold sector that have juiced the market generally. Plus the rebirth of rare earths and lithium, we'll call it 2.5 because we're not quite at lithium 3.0 yet, has also helped to excite the market. George and his buddies at Norgan have done a really good job of bringing that project to market. They were a big hit when they were traveling in New York and it's helped to re-excite the rare earths market. Peter, I got to tell you, I don't know if you've seen how Neo's stock has moved. There's a lot of interest in electric cars, as you know. We don't have the cobalt that we need. So I don't understand what people aren't lined up around the block to have your conflict-free mineral source of cobalt here in Canada. What's going on there? What's the disconnect between the cobalt demand? As we know, there's a real shortage and the interest in CBLT, for instance. There are a lot of reasons for it. It's a market that still locks credibility. There's a group in Australia that reports in cobalt equivalent by taking a little bit of copper and a little bit of gold and a little bit of silver and doing some magic and increasing your cobalt number. Things like that hurt all of us and I wish they'd stop doing it. The other problem we have is cobalt is a bizarre metal. It's only found in a few places around the globe in mineable quantities. 60% of it comes from the Congo, so anything that happens in the Congo affects cobalt globally. The other funny thing is physics. If that battery were called a cobalt ion battery, I believe cobalt would be flying out the door. But it's a mere trick of physics that that ion, the electron, travels back and forth through the lithium, and that's why we call it a lithium ion battery. There's 12 times more cobalt than lithium in your standard lithium ion battery. So in the battery, Peter, I was interviewing a couple of other cobalt CEOs and they were telling me that the real demand in the battery is for the cathodes. Is that correct? Yes. The cobalt's in the cathode, not in the anion. And they were also explaining to me that the cobalt that's actually needed is not the metal, but the cobalt sulfate. Is that correct? It's a processed form of the cobalt which typically trades at about a 30% premium over the price of the base metal itself. So in the situation with CBLT, let's talk for instance, you just put out an update on Bloom Lake. Do you have the capacity to produce cobalt sulfate from that particular property? Well, we sold that to a group in Australia called Windmar Resources, but we're managing their field and exploration program for them. It's too soon to tell, but as you saw from the last set of results, Bloom Lake is a wonderful property and we own 16 million shares in Windmar, so we're very happy with our position there. So as a project propagator, Peter, with CBLT for cobalt, can you tell me a little bit more about some of your other projects that you currently are working with? For instance, I think I saw a news release on your Chilton project in Quebec. Right. We've been very successful at Chilton so far. It's about an hour north of Montreal in the Grandville sub-province. We're in there right now getting permits to do excavation and a drill program later this fall, early winter. We have nickel, copper, cobalt and chromium in the soils, and the press release that you're referring to confirms that those three groups of scientific data confirm each other, that the IP and the MAG and the ground truth in all intercepts so we know where to go excavate for the best chances in the drill program. It's a very exciting program and I'm looking forward to seeing the results from that. Peter, your company has had an ongoing news flow that's been impressive, competitive with many of the juniors that are out there. You're putting out milestones, they sound sensible to me. The one previous to the Chilton cobalt news release, CBLT trades two non-core cobalt assets for cash and equity interest. The deal that you were talking about earlier in this discussion, can you tell us what we should expect, say, in the next quarter or two from you? Well, on a balance sheet, we are carrying shares in two companies that aren't listed yet. We expect both of those to be listed this quarter, one on the Canadian SOC exchange, one on the Australian SOC exchange. Between those two, we're looking at roughly $230,000 of value that can be liberated once they're listed. We have our 16 million shares of windmark, which is worth about $420,000. We have $85,000 worth of Krakatoa stock and roughly $15,000 worth of Krakatoa tradable options. We also have our own core projects upon which we're working. So our plan is twofold. Continue with aggressive M&A, buy cheap, work at, sell it if you can make a profit, and work your core assets. We're in the field of copper prints, which is our gold, cobalt copper project in Sudbury, Ontario. I mentioned that we're working at Chiltern in Quebec. We're also setting a team into our British Columbia project, and this might be news to you. We have a beautiful asset in Southern BC near Peachland. Problem has been it's heavily forested. So the recent forest fires that wiped out part of that section is horrible for people. Nice mug. Horrible for people, horrible for animals, but the prospectors and geologists love a good forest fire because it opens up areas. We're setting a team to do a 2000 sample soil program in that property called McHale in BC. There's strong historic evidence of gold, silver, molly, copper. Well, Peter, thank you so much for joining us today. We love your updates and let's try and get you on investor intel once a month. How does that sound? That sounds good for me. I always enjoyed being here. All right. Thank you, Peter. Thank you.