 Today I have the pleasure of speaking with Jeff Atkins from Vital Metals. How are you today, Jeff? Very well. Thanks, Tracy. Thanks for having me on. Well, I'll tell you the investor Intel audiences Has followed the critical materials sector for over a decade. So they're gonna find this news very interesting I'm reading your headline. I guess the theme is you've basically made a deal with the SRC. Is that correct? Yes, so we will be constructing a Alleging facility or an extraction facility within an SRC and that will take our product from Nettalato and produce a mixed rare earth the carbonate product. So if you can tell us a little bit more about the highlights of this particular news We've all been following the SRC's announcements here on investor Intel. Can you hit us with the top highlights, Jeff? Thank you. The top highlight is that Nettalato is on track to be in production next year to produce a product a clean product with with always taken out to feed into separation facilities including the recently announced separation facility to be built at in Saskatchewan. Okay, well, I've done a little bit of research on you because respectfully you kind of came out of nowhere for me I guess I I wasn't paying attention. I Notice that you have had actual experience in taking a rare earth project to To production and you were involved in the early days with Linus. Is that correct? Yes, our entire team has has been involved in Linus and some of them have also been involved in Northern Minerals Browns range project. So yes, we have 10-15 years experience building operating rare earth plants So this is very exciting to us because of course followed Northern Minerals for many years as well Which members of this team or can you tell us where we should go as investors to get an update on this team that you've amassed? Yes, so our COO is Tony Hadley So Tony was the operations manager at Mount Weld for Linus before moving on to Northern Minerals and having the same role with them So he's one of the few people I believe outside of China who have experience of not just one But actually operating two different rare earth plants Darren Sutton process engineer who was at Linus and Ray Aguilov was a process engineer at at Northern Minerals So you've got you know the The team that actually put it into play is that correct? That is correct and actually more importantly. It's actually the team who have lived through The teething issues which rare earth projects have when they When they are commissioned so these guys they've all seen what can go wrong and all those projects have had some issues and Not only understanding what can go wrong, but also understanding how you can avoid those issues. I Was reading about vital metals again ASX listed VML I noticed that you've referenced two projects in particular You're basically the natural archer project, correct, but also the former Montero mining project. Is that correct? That's correct So we have we did a deal with Montero to buy the rights to to that project as well our initial focus is natural archer and That is the project between where we use to get into operations and into cat positive cash flow and to grow that But then it's very important for us to have a second project able to come on stream As well to provide that flexibility to be able to adjust to customer demands Year-on-year and I think that's really important because when you look at the forecast growth of rare earths It's going to be really important for suppliers To actually be able to meet the market demands on a year-on-year basis When we look at the increased demand, which is forecast to come in the next three four five years There's not going to be any point Saying that okay You're taking three years to build a plant at that point in time So you have to be in in operation and able to adjust And have that flexibility. So that's where it's important having those two projects So for those of you out there and investor Intel that are also new to vital metals Love the name by the way, Jeff But you might giving us just three some competitive reasons why someone who's new to rare earths may Position vital metals at the forefront to the stocks that they're currently watching. I Think there's really two key areas that Bottom line is it's about being low cost. So from a capital cost perspective We're looking at it under 20 million Australian for to actually build this plant which is a factor less than any other project and what that means is less dilution for shareholders and the second is near-term operation, so we're going to be in operation within about 12 months and Those two things so you've got a company which is going to be in operation positive with positive cash flow and minimal shareholder dilution Well, I'll tell you both of those key Elements would make you highly disruptive to the sector So I'd like to congratulate you on your news and also for all of you out there who are currently Shareholders and or for those of you looking to become shareholders. What should we be looking forward to and say the next quarter? But the next quarter for us is going to be a very important one because that will be finalizing our project finance. It will be off take Being finalized and those are the two key things really which we're working working to in the next quarter Well, Jeff, thank you so much for joining us today. We look forward to having you update us regularly Thanks, Tracy. Thanks for having me on