 Hi George, how are you doing today? Yeah, really good, thanks. How do you do yourself? I'm great. We're privileged today to have George Bach of Northern Minerals following up a conversation that we had in May. One of the key ways to judge management is does it keep its promises? Does it stay on timeline? Last May, this is what George had to tell us. What's your timeline to be in production? Okay, so mining starts the first week of June. We've just been doing top soil removal at the two pits and doing our other preparation work. Fabrication has started of the project of the plant in China, and we hope to start seeing that arrive on the shores of Australia in about October, November. We then put it together and we expect to commission it in the second quarter of next year in July we start producing July 2018. So George, you made some promises last May. We followed you. How are you doing on those promises? Yeah, everything's on schedule, Peter. We commit to mining in June, as we said. So mining is well underway, expected to be completed by the end of November. The fabrication is on track in China, so I've actually got a bunch of my engineers and my chief operating officer up there as we speak doing some inspections in the factories with the first shipment due in October to hit our shores to commence the fabrication on site. Great. And remind us, what's the deposit? Okay, so it's a heavy rare earth project with a dysprosium dominance. It's called Brands Range, and our premier of the Western Australia actually opened our mine on the 27th of July. I've had to realize what I've been in New York this week. I've actually got to say the governor of Western Australia, because it's a term that many people in North America don't appreciate. Good for you. It is important the management keep its promises. It's amazing you've been able to stick to the timeline that you told us you'd have. Now last May when we talked, the company had a market cap of around $85 million. Where are you today? Yeah, so market capitalization today at around $105 million. So we've seen a slight increase since May last year. But what's important is like you addressed before, we've got a focus on delivering on our promise, and we keep doing that. That'll build on the credibility, but we're starting to see fundamental shifts in the rare earth market, which will undermine and underpin the price going forward of our company. Right. Now I've heard that it's due to China enforcing the illegal mining within its borders, causing the supply and demand metric to return to roughly equilibrium. There's a number of factors in place. If we just focus on the supply side for a second, exactly. When I was in China, the last few visits including just before catching up with your good self in May, the Chinese are really clamping down on the illegal mining activity. Now that's both from putting more restrictions on the top five who have got mining concessions and making sure they're producing within their production licenses, and secondly, stopping the artisanal style mining of illegal. So that's the supply side. On the demand side, people are starting to get their heads around about this whole electric vehicle evolution. You're just seeing country after country coming up with new targets of eliminating the old stole vehicle to an electric vehicle. And in yesterday's US Today, it was on the front page of the money section of that paper, all of the electric vehicle. But that matters to you because every electric vehicle needs about one kilogram of your product, right? Every electric vehicle requires about 100 grams of dysprosium. So it requires probably around two and a half kilos of rare earths but about 100 grams of dysprosium if you like. So you start doing the maths on that. And again, electric vehicles is a critical component but only one of them. There was an article from the World Bank that's come out, a really good study that starts talking about where are the potential production profiles or supply profiles of the critical metals into the electric vehicles and other technologies to improve our carbon emissions and the like. We know we're near that. The amount of rare earths, for example, we have to deliver in this huge upside of potential. And if I remember correctly, out of your pilot project, the offtake is spoken for but only out of the pilot project, the offtake for the main body of the project is still open for the free market. Spot on. So we've secured the offtake for the pilot plan which is really critical from a cash flow point of view and securing the project but we've got the full scale operation available. So that's exciting. I've already had plenty of calls. Probably the last couple of months I've never had so many calls from potential offtakers about the progress of our project. Fantastic. So can we check in with you again in a few months and continue to check up on management's delivery on its promises? Absolutely. Look, we're putting out a full night live flyer with a lot of photos because photos speak more than words if you like and that's showing people the progress we're making. We're putting out videos, again with today's technology and drones require rare earths. It's a cheap way to show people that we're actually progressing because people want to see that delivery. George, thank you so much. Always great to talk to you. Yeah, no problems at all. Have a great day.