 Today I have the pleasure about talking about my favorite topic here at PDAC 2022, and that is uranium. Why is everybody talking about uranium at PDAC this year? No, there's a lot of reasons. There's a lot of excitement about uranium at this conference this year. A big part of it is just the move to decarbonize and to go to cleaner sources of electricity. Nuclear power, of course, provides clean carbon-free, basal electricity. And as you were saying, the spot price of uranium has risen significantly this year. At our company, we've actually seen utilities start to move back into the long-term market, which for us I think is a very bullish signal. Fantastic. And of course, one of my favorite things, I tell everybody out at Investor Intel Land, grab your CEO, grab them in the elevator and give them 90 seconds to pitch why you should buy our stock. And on that note, I'm going to throw it at you, John. You've got 60 seconds to tell us why your uranium company is one we should be looking at on our watch list. Well, thanks, Tracy. My name is John Bay. I'm the CEO of Standard Uranium. So Standard Uranium is an early-stage exploration company. All our projects are in the at the Basque Basin of Saskatchewan. We are early-stage, but what we're looking for is to make that next high-grade basement-hosted discovery. Now, you're wondering, where are we? We're actually our flagship project, our Davidson Rivers in the southwest corner, right next door to Fission's Triple R and Next Gen's Arrow. What we're looking for is to find that arrow 2.0 on our project. And our project actually sits on the same Patterson Lake conduct which runs right through. We're starting a third drill program right now, drilling all summer, so it's exciting times for investors of Standard Uranium. I'll tell you, we have John kicking my, you know what, this morning, excellent. And on that note, who will I ask next? I'm going to throw it back at you because you did such a beautiful job, Curtis. This is, of course, Curtis Moore from Energy Fuels. Give us 60 seconds on why Energy Fuels, a producer of, of course, Uranium in the United States. As a company, we should be watching. Absolutely. Tracy, thank you. Yeah, Energy Fuels is producing the raw materials that make many clean energy technologies possible. We've traditionally been a producer of Uranium. We've been the largest Uranium producer in the United States for the last several years. We have a number of projects that are fully permitted, ready to go, fully developed. And right now we're in the process of ramping those up to start capturing this market we're in. But what's particularly exciting for us as well is that just in the last couple of years, we have realized that we could be a significant U.S. producer of rare earth elements. The reason for this is that many, if not all, rare earth elements, when they come out of the ground, the minerals also contain Uranium and thorium. They have low levels of natural radioactivity. We have a facility in Southeast Utah called the White Mesa Mill that has the licenses and permits and the expertise to actually process those minerals and recover the rare earth elements, also recover the Uranium and sell that into the nuclear industry. So yeah, it's a great time to be a shareholder of Energy Fuels for sure. And of course, you may not know this, but I fell in love with Uranium due to Dr. Richard Spencer from U308. Do you introduce me to Uranium what it does in years ago? Well, I certainly didn't know that, Tracy, but I'll take it. Thanks for your image. So could you tell us what's happening with U308 right now? U308 corp has got an amazing deposit that is a mixture of Uranium and battery commodities. So as all the car industry moves across to the lithium ferric phosphate battery, we've got the iron phosphate that's the component of that battery. So it went from a project that was absolutely Uranium-oriented for the clean energy space. And as the guys mentioned, I mean, everyone's talking about net zero. You cannot get to net zero without nuclear. And so we've got a foot in both markets, both the products, the primary products for the one kind of lithium battery that's thermally stable and doesn't catch a light and the Uranium on the other side. And what's the fundamental driver of the Uranium space at the moment is the small modular reactors. And to see companies like Samsung going out and talking about floating nuclear reactors, things that you can move around to where you need the power, just absolutely phenomenal. So we're starting to take off on the fundamentals of Uranium, despite all this Russian stuff. Beside that, there's this huge driver for the clean energy. And of course, Tom Drive is from APIA Rare Earths and Uranium. APIA has a large Uranium resource in Elio Lake, Ontario. Approximately 55 million pounds of 43-on-1 compliant resource. And that's in fairer and inedicated category. In addition to that, we've got about 180 million pounds of Rare Earths in the same deposit. In addition to that, we have four properties in the Atabasca Basin or around the Atabasca Basin. And our model is high-grade Uranium near-surface and near-infrastructure. And also APIA has these Rare Earths and high-grade Rare Earths that we're working on in Alsace Lake, one of the highest, so far what we've seen, it's one of the highest-grade Monozyte Rare Earths, NDPR, Critical Rare Earth Deposit or Project in North America. And so there's a lot of things to look for, for investors to get excited, and we're quite excited about the APIA story in terms of both Uranium and Rare Earths. Of course, I've noticed subtle marketing and branding for Uranium all over the PDAC walls, with Sprott's got his Uranium trust. Talk to me, do you think the Sprott fund made a difference, Curtis? Absolutely, absolutely. It basically swept up a whole bunch of excess inventories that were floating around the market being traded around and keeping the price depressed. So I don't know what the number is, but I believe Sprott has purchased about 40 or 50 million pounds of Uranium just on the open market. Investors are putting money into the Sprott fund. They have an ATM which allows them to raise more money to go buy more Uranium. And yeah, basically they're competing against U.S. utilities for this Uranium and it's definitely provided some nice uplift in the price of the commodity. And of course, Richard or Dr. Spencer, I don't mean to give you all the difficult questions, but let's talk about the geopolitical issues around Uranium which should cause North American sources of Uranium to actually escalate for interest by investors. Do you not agree with what's going on out there? Absolutely. It's staggering that we're at this point where anyone, any man in the street could have recognized 15 years ago that the U.S. was getting so much of its Uranium and it's enriched Uranium from Russia. And Russia controls about two-thirds of the world's Uranium resources just in having good relationships with the countries that have those resources. It was perfectly obvious what was going to happen. And now we're in the situation where it's happened and Europe has done the same thing with its gas from Russia. Russia turned off the taps a number of times and everyone thought it was going to be different the next time. So we are in this geopolitical crisis at the moment which is as horrific as it is. It's really good for the Uranium space and I think that the Western world, Europe and the U.S. will finally get it that they have to have their own supply of these fundamental elements for clean energy. And you cannot be talking about clean energy and all the solar power and all the rest of it without having nuclear as the 24-7 driver of those systems to compensate for the weather and all that. So I feel that irrespective of what the Uranium price is today the fundamentals are so incredibly exciting. And I don't remember how old the power infrastructure is of North America. I seem to remember it's 50 years old. It's not particularly stable. It's not politically correct to go out and build more power lines because it's not exciting for the politicians. So I think we're going to end up in a situation that as that system fails we're going to be looking at sort of smaller local grids that are going to be driven by small modular reactors or at least the small modular reactors will be the backbone of that and solar and wind and everything coming into that. So we're going to have these sort of independent power cells and the small one reactors are just perfect for that. So the Uranium fundamentals have never been better as far as I'm concerned. Well I know I've just opened a barrel of fish here. Who would like to go in next? Well I was just going to say adding on to Dr. Spencer's comments there I think it's very telling that in the United States the Nuclear Energy Institute which is the trade association the Industry Trade Association for US Utilities has actually come out and become in favor of weaning ourselves off of Russia because as you were saying Russia controls a big chunk of the Uranium and enrichment supply. I believe they control about 40 or 45% of global Uranium enrichment about 40% of global conversion. They've got their fingers in a lot of the world and so I do think that it's very smart from a geopolitical standpoint to kind of reduce that dependence on Russian Uranium for sure. In addition to that even Eastern European countries are looking for Uranium outside of Russia so not only the western world US and the western world utilities they want to basically get away from getting supply or Uranium supply from Russia but also the Eastern European countries now they're looking at sort of different suppliers so that's in addition to that. And as you mentioned these small nuclear reactors I was at a breakfast meeting with the Saskatchewan Ministry had today and SRC is looking at getting the first small reactor in Saskatchewan before the 2003 so I've been running. So things are moving in the right direction. Well of course when Appia was tied in with the SRC your stock looked like a hockey stick. Now back to you Mr. Bay. Let's talk about Canada as well. So we are talking about small modular reactors as the future of energy for nuclear in Canada and we're seeing Ontario, Saskatchewan, Alberta and New Brunswick all moving forward with small modular reactors. Now they're going with the GE Hitachi 300 megawatt power plant they're going to build that in Ontario first by 2028 and then Saskatchewan is going to have four. The first one in Saskatchewan by 2030 and then by 2035 they're going to have four operating in Saskatchewan. Isn't that amazing? The place where uranium is being mined is actually going to be powered by nuclear. That's fantastic. And we're going to see that going all across the U.S. as well. Right now in Wyoming Bill Gates and Warren Buffett are behind Terry Energy. They're putting a small modular reactor right on top of a coal-fired power plant. Replacing that right into the grid training the workforce and they're going to improve the model there and then roll it across the U.S. hopefully taking out coal-fired reactors across the U.S. Now that is exciting. That's so exciting to use that existing infrastructure for the coal. Wipe out the coal and just put the small modular reactor there just link it up with the grid. Just spectacular idea. Fantastic idea. On top of that we're seeing large nuclear billboards across the globe as well. We're seeing Japan talking about bringing their nuclear power plants back online. We're seeing England announce large factories as well as small modular reactors. France is announcing big reactor bills as well as small modular. And then Korea is coming on with more. India. And it's happening all over the globe. And Eastern Europe. And Eastern Europe. I mean everybody except for Germany. Germany hasn't quite figured it out yet but I think their population is going to be pretty tired of paying really expensive for their natural gas coming from Russia. This is our infrastructure for the future. Please go to these websites. We have Dr. Richard Spencer from U308. Go to these websites because they have the real data you're seeking to make intelligent choices about investing. We have of course Tom Drives from Appia Rare Earths in Uranium. We have Curtis Moore from Energy Fuels and we have John Bay from Standard Uranium. Go to their websites and if you have any further questions send it to us and we'll get you redirected. Thank you.