 Today, I have the pleasure of speaking with Christopher Eccleston from Hallgaard and Company. How are you today, Christopher? Very well. Thank you. And of course, many of you out there know that I often reach out to Christopher when I want to know what's going on. So how about, Christopher, we just start with the Russian invasion of the Ukraine. Your thoughts? Yeah. Wow. It's a seminal advantage, really. I've had lots of minor wars in the last 70 years, but it's the closest thing to a blitzkrieg such as when the Germans started the Second World War, when they invaded first Poland, then Poland, then France. We haven't seen anything like that really since then. And of course, I have two questions in this next question, which is, the Russians have a stranglehold on Bill and the Blank and the Ukrainians have a stranglehold on Bill and the Blank. Can you talk to us about that? Okay. So from the Russian point of view, the key things, Russia produces a lot of things mineralogically, but the key things are nickel, cobalt, platinum and palladium, and particularly the last two. You see, there are other producers out there of nickel and cobalt, but in platinum and palladium, except for South Africa, which is a distant second, the Russians have a dramatic rip up on that. Not only do they have the mine production, but they also have stockpiles. And while we're transitioning to the green economy, et cetera, and people have said it's the end for platinum and palladium because of their use in catalyst, no, we still need them and we still need lots of them. And the Russians have got the clincher on that one. As for Ukraine, Ukraine is a big iron ore producer, a big coal producer, but not really for export. So the iron ore is a factor there. It's more in agricultural commodities that Ukraine is important. Ukraine also has some processing of things like aluminium, et cetera. Really, it's iron ore that's the factor there, but not enough to disrupt international prices because you can get their products from Australia or Brazil. Really, it's more on the Russian side. But the issue is more about shipping, strangely, and banking because while the Russians are willing to sell their commodities, despite the fact that they're in a war, and there are people out there outside China who are willing to buy their commodities, with shipping lines cancelling routes into Russia and the international banking system essentially being close to Russia, Russia has virtually been reduced to a faster economy for its mineral products. So they might be able to send them to the port, but they will sit in a Russian port because they won't be shipped to take them and there won't be a way for a big producer of, say, catalysts and catalytic converters in the West to pay for them. So it's sort of game over in platinum and palladium. The price is obviously going to rise because of scarce supplies. Nickel hasn't risen as much as I would have thought it had. But I suspect that we haven't seen as early days yet. We haven't seen it start to buy where companies actually see this stockpile falling and cannot get new supplies. Well, of course, we are privy to a lot of communications and the resource sector behind the scenes that many of the general public are not. And in that, I have seen a real hustle personally, an interest in both Monazite and many of the rare earths companies based in the United States. Can you comment on how this might be linked together? Because that's something Jack Lipton and I have spoken to at length. Well, Russia has been in the past, a big rare earth producer, but isn't now. It is a processor, though, of a lot of strategic metals. And so, you know, there could be an effect there. Russians are not really big takers of rare earths because they're not really making any of the push or any of the green economy. It doesn't really exist there. So they're not building, you know, wind turbines like crazy. I think that, you know, the movement in rare earths happening at the moment is entirely independent of this war. Really doesn't have much to do with it. It's just a secular rise in the prices for rare earths because some China is just not producing as much as it used to. China's minds are over the hill. And of course, Christopher, you and I are both aware of the fact that on Bay Street, for instance, in Toronto, we have endless Russians that have invested in the resource sector and in the juniors. I'm wondering how this is going to impact some of these stocks in the market. Any comment? Oh, yeah, absolutely. The Russians are liquefying at the moment. The oligarchs are finding that all their traditional sources of funds, whether there's money coming out of Russia or money they send into Russia, is not available. So they have yachts. They have lifestyles. They have apartments and mansions and villas that they need to maintain. And they are liquefying whatever they've got at the moment. And so they will be tossing out the things that they're least committed to. And if that includes junior explorers, they will be shoveled out the door at any price. You know, Russian banks are selling their facilities for nothing at the moment. And you will see that they will be getting rid of juniors like they are not worth the day. Well, Christopher, on that note, thank you so much for joining us today. We would like, if possible, for you to join us every week or so during, unfortunately, during the Russian invasion of the Ukraine. And on critical materials corner, of course, with Byron King and Jack Lipton. We would love it if you would join us again in the future. Thank you for your update today. Right. Thanks.