 Today, I have the pleasure of speaking with Dr. Francis Duke from Zen Graphene. How are you today? I'm well, Tracy. Thanks for having me today. Well, let's start by congratulating you. You just have announced that you're going to be opening a Guelph facility on March. In March 3rd, is that correct? Right during PDAC? Absolutely. We're here at PDAC actually Sunday, Monday, as we traditionally are. And we've got our whole team down here. So we thought we'd combine everything and have our grand opening at the same time. Well, I don't want to surprise you here with questions, but what I'd really like to draw the investor Intel audience's attention to is really the spectrum for evaluation. Your stock price, the opportunity that currently exists, the price of graphene, and how lucrative it can be for shareholders that get in at the right time with the right graphene company. Well, the graphene market right now is something that's been really getting a big move on since Ford jumped into the game and started using graphene. Everybody else is starting to jump on board as well. So it's creating a real opportunity for us. There's also a lot of research going on where you're seeing graphene being sold in the universities and research centers for a fair amount of dollars compared to what it would be on an industrial basis. So we're doing two things here. We're starting to get our material out in the universities, in the research arena. There's industrial partnerships available out there for us. We can get some revenue out there. It's a proof of concept. We've been saying for a long time that we've got the best material out there. This is a chance for us to finally prove it. So we're very excited about that. But it's also an opportunity to start making connections with companies that could become customers for us for decades. And that's where the real opportunity is. And that's why we're so excited to have this center up and running. So let's just jump right into it then with regards to these agreements that you're talking about. There's three different universities that you've got deals and play with. Would you like to give us the highlights of what those deals look like? Yeah. Again, from our perspective, we can get the graphite to 99.8. We've done that. We can do it at a policy scale level. Now we need to take that very high-end graphite and turn it into graphene. And we're working with some of the best teams in Canada, a bunch of different universities to do those things. The first agreement that we signed was with a university in Canada. Unfortunately, we can't name. But that agreement is to put in place to do graphene production. So this process uses heat, pressure, and a grinding effect, if you will, or a shearing effect to break the graphite into smaller bits and pieces, basically bringing it down to a 5-10 layer graphene. So that one's very exciting. It's done. We can do kilograms of this material already because the process is patented and developed. We're going to keep trying to improve on it, but it's already a very well-established patent. The next one is with Dr. Chen at the Guelph University. They're working on two different processes, a chemical process and a electrochemical exfoliation process where we're trying to make graphene oxide. This product is really the high-end. We're getting down to one, two, three-layer products here. It's functionalized with oxygen groups in there. So this is the kind of stuff that will have a very high value in the marketplace, both in the universities and in the industry. And then the third one is with UBCO, University of British Columbia at the Okanagan Valley. We've got a lot of different research with them. We're doing graphene oxide. We're also doing graphene quantum dots, which is really the very high-end stuff. This stuff right now sells for $4,000 a gram on the marketplace from research. They're also doing things with batteries, with aluminum, with coatings. They're really doing a lot of different things for us. So we're really happy to work with them. And what we put in place with them is a template of what an IP agreement would look like. And depending on what comes out of their research arena in terms of patents, we already have a template on how we're going to move forward with them. So all those things are in place, ready for us to move aggressively once we have everything figured out basically. Dr. Dubb, with regards to this Nukewell facility that you're going to be launching here shortly, are you going to be producing a small-scale amount of graphene almost immediately? Is that correct? That's correct. So we've already bought some of the equipment. Some of it's already been delivered. Other is still coming. We're going to process, we've got 110 kilograms of material already there that's at 86% concentrate. We're going to process that to a high-end graphite concentrate, 99.8%. And then we're going to take that into various processes to make graphene, graphene oxide, and graphene quantum dots. These products will be put on our website. We're starting a web store. That'll be out by the end of the month. So a lot of exciting things happening right now for us. And you're going to see new products come on to our web store throughout the year. But the first one will be some graphene oxide that we've already been producing. We've got a bit of an inventory built up. So that'll be our first product we're going to bring to the market. So very excited about that. For our audience out there that may be new to graphene, they may not appreciate how competitive you are in aerospace, military applications, and automotive, of course. And how you really don't need a lot of graphene to make a lot of money. Can you just talk briefly about this? I'll talk about some of this in the public domain. It's a little easier for me. But if you look at Ford, for example, they came out with using under 0.5% load in their polyurethane foam and created a polyurethane foam that was 20% stronger, 30% better heat dissipation, 17% better cell proofing. So all these things were done with a very small amount of material. And that's what creates a really strong business case for us. When you look at the graphene prices out there right now, on the research side, you're going to spend $100, $500 per gram. When we get to industry, this stuff's got to come down to $3, $1, maybe lower. But at a dollar a gram, you're talking about a million dollars a ton for us. When you look at our PEA, we were talking about $7,500 a ton to sell our graphite. Now we're talking applications where we could potentially get a million dollars per ton based on the graphene pricing out there. It's an incredible jump forward. Of course, your costs come in as well. You have increased costs, but the opportunity is absolutely massive in front of us. We're very excited about the space. It's predicted to be about a $5 billion market by 2030 by a CanonCord report. The graphene quantum dot market in general is predicted to be a $30 billion market by 2030. These are actually big markets that are growing leaps and bounds right now. We're basically right at the beginning of that. We've got the best source material in the world to do this, and we've got a great team of scientists around us. We're really in a unique position to dominate this market. Dr. DuBay, with all of this good news, dare I even ask what shareholders should anticipate in this upcoming quarter? Well, the big thing is the web store coming up, the new facility in Welp up and running. You're going to see new products coming online. We're hoping to keep building on the relationships that we've got going with the universities. We're working with a lot of end users as well right now, so there might be some new relationships announced and maybe some contracts over the next year. Those are all things that we're gearing up for. We're also continuing the baseline studies at the deposit where we're moving things along as quickly as we can so that we can get to mining as quick as we can. If things go as we plan by the mid to late 2021, we'll be fully permitted to move forward on the mining side of things. Thank you so much for joining us again today. It was a pleasure to speak to you. Thank you.