 Hi, this is Jack Lipton, and this is Critical Materials Corner. And I'm Byron King, and I've been following Rare Earths and minerals for many, many years. And today we're going to talk about monazite, which is one of the most important minerals out there when it comes to the Rare Earth space. These are the things you need to know. And today we have a very special guest, Fred Kozak, who runs a company called Apia Rare Earths and Uranium, located in Saskatchewan. And it's one of the hottest Rare Earth deposits you will ever see anywhere. And it's totally investable. Gentlemen, thank you for having me on the show today. I appreciate the opportunity to talk about Apia's Rare Earth deposit in monazite, Critical Materials Corner. Monazite has always been the most desirable ore of Rare Earths. It's it reports as the highest grade material. So naturally, that's the one you want to work. However, it's radioactive. It always has been. Thorium is always included in the monazite composition. And usually you find uranium. So people have been putting it on the back burner. Recently, the Chinese started buying monazite like great all over the world. They licensed China nuclear, so on. China nuclear, the only site in Asia that can handle uranium and thorium. Uranium is a payable. You make money selling uranium. Thorium can be stored only in a legal facility in China that's China nuclear. So China nuclear is licensed to buy 30,000 tons of Rare Earths contained in up to 50,000 tons of monazite per year. So what's going on? We're sitting around here with our thumbs up, you know, where I'm saying, gee, you can't do that. It's radioactive. Guess what? Of course, you can do it. We've been mining uranium here for a regenerate. Canada is America's number two supplier of uranium. So we can't do it. Where is it? Saskatchewan. Where is that? The Athabetsk Basin, most famous uranium deposit North America in Saskatchewan. Saskatchewan, the most mining friendly jurisdiction in North America. I think it's number one or two in the world. Let me jump in here, Jack. Thanks. Let me just amplify something that you said. Geologically, geologically speaking, I'm not going to give a big geology lesson, but this is what you need to know. Geology 101 on monocyte. When rocks metamorphose and when they melt or when they entry, the very, very, very last thing that happens is these little exotic elements are all left and they haven't formed any of the other minerals. And you wind up with these monocyte, these deposits with monocyte in them. We're talking about this stuff like it's common. It's not. It is very rare to find a monocyte deposit. And it is extremely rare to find a really, really good monocyte deposit. And that is why I like Apia because it has found this incredible geological phenomenon. There might be a few others in the world, in Antarctica, in the remote mountains of the Himalayas or something. I don't know. But we found one in Saskatchewan, and that's where we're at right now. And you've got the grade and you've got the scope. You've got the minerals. And it is a very underappreciated story, in my humble opinion. OK. I would just add to what you have both said. Thank you, gentlemen. Sorry to cut you off. Is that the rare earth, at this point in the world, we can only supply the current demand for rare earth elements. So everything that's being made right now, there's no extra. What is critical here, and no pun intended, what is critical here to note is that monocyte, as compared to bassinocyte, has almost 50% more rare earth elements in it, and the critical rare earth elements, the ones that we need for the metals and magnets. So that's why this monocyte deposit, on a pound per pound basis, is so important to the production of rare earth materials. And it's a big deposit. It's very rich in minerals. These particular minerals have the elements that are the pay. They have the magnet elements, the light bulb elements, the things that people need. And that's where we're at. It's also in the right place. Not only is the Saskatchewan easily accessible everywhere, it happens to be the one place in North America where uranium and thorium are considered to be like milk and honey. It's just, you know, that's the best thing we've got. So APIA is ideally cited. It may have a deposit that's world-class and it's ready to go. It's because even the government Saskatchewan, rather than talking about it like some national governments, is actually doing something. They're going to extract your rare earths. They're going to process them downstream. I mean, it couldn't get better. So people need to understand that APIA is the future. OK, well, that's it for today. Frederick, thank you so much for being with us. This has been a great discussion on monocyte and on APIA. And we wish you the best. And investors out there, if you want the best, you should really take a good hard look at APIA. Thanks, Byron. This has been a great opportunity. And we're very excited about our monocyte deposit in Northern Saskatchewan. Thanks to everybody. We're going away right now, but monocyte is not. Keep that in mind.