 Welcome back to Investor Intel for PDAC 2018. I'm joined today by Adrian Bakker. Adrian is the CEO of Vanadium Carp. Adrian, you guys have just had some huge news so let's start right with the good stuff. Sure. We just filed our international patent on a technology that we've been developing and scaling. Invented just over 15 months ago. We had a breakthrough in processing magnetite resources which are the ultimate source for Vanadium. Spent the last 10 years developing those resources to realize that existing process is basically outdated, inefficient, low yield, high capex and just not a favorable route to go down. A lot of our investors have heard about Vanadium and that there's an opportunity in the market but may not know a lot about it. What do we need to know about the Vanadium market? The biggest opportunity in the Vanadium market is really in energy storage and we identified some key facts in the Vanadium market. Number one being Vanadium electrolyte that's required by batteries is a non-existent commodity. It's created by an offshoot of production from the steel industry, from this inefficient type of production. So there's just not enough Vanadium available to go into energy storage. Well when we were talking a little bit before you said that but Chelsea said that you thought you guys were gonna change that. Tell me why you feel that way. Sure. The new process for us was addressing not only industry challenges and a potential solution for our own resources but really we found that it's a direct recovery for Vanadium electrolyte in the form of vanadyl sulfate. So we actually go directly into solution whereas every other producer creates an oxide that's in here and a very high cost to turn into an electrolyte and by the recovery of the co-products iron and titanium we're able to mitigate our cost so our pure mandate was and our goal was to eliminate the cost of producing Vanadium and eliminate the carbon footprint which we feel we've done. Okay so in this market right now everybody's talking about battery metals and energy metals and so on. What kind of energy storage does Vanadium help solve? The energy storage technology is pure Vanadium based technology so you effectively have a battery technology that's already deemed to be the most sustainable form of energy storage because 80% of the battery is Vanadium electrolyte. The positive and negative of the battery the analyte and the catholite are both Vanadium electrolyte so you don't have any cross contamination. You effectively have the ability to take an electrolyte that never degrades at the end of life of battery which is 30 to 50 years because there's no degradation no cross-contamination out of that battery at the end and we're not talking about recycling we're talking about infinite reuse of the electrolyte. So you already have that sustainability factor the ugly secret in the Vanadium industry is that Vanadium is produced with a similar carbon footprint to steel. Two tons of carbon per one ton of product and it's incredibly expensive and inefficient so what we're doing is basically providing the ability to monetize and recover all three metals out of magnetite so that's somewhat of the holy grail and by doing that we mitigate the cost of the Vanadium completely and we also eliminate the carbon footprint. Wow well Adrian thank you so much I think investors have gotten off a lot to think about. Are there any things that we should be watching for further coming with with Vanadium Corp this year? Yes definitely we've made public disclosure of our mandate for 2018 is commercial demonstration either through global licensing from a variety of companies that have approached us with these significant challenges in the steel business, Vanadium industry, existing producers, upcoming producers and also the energy storage industry has recognized that this is the absolute key to renewable form of energy storage the Vanadium Redox battery.