Again, please be advised that today's conference is being recorded. I'd now like to hand the conference over to your first speaker, to Natalie Worley of Investor Relations. Please go ahead. Hello, and good morning and good afternoon, everyone. My name is Natalie Worley. I look after investor relations at Core Lithium. We're really pleased to host this event today. We're always looking for ways to communicate with you and interact with our very large shareholder base, and so we hope you find this informative. We have tens of thousands of shareholders, and so by getting you all together like this, hopefully is a good way of answering questions that you have in common. We really appreciate people taking the time to send in questions for today before this event. We've had 60 questions sent in, which is great, and there, as I say, plenty of common themes. You'll also have the opportunity to enter questions during this event, not on the phone, sorry, as the operator said, unfortunately, but via the Q&A tab, when you enter the portal, you can type in your questions as well. This event will also be available for replay on our website after we conclude. I just want to take this opportunity to also remind you, you can subscribe to our mailing list via the Core Lithium website, where you can get ASX announcements and other news. Please do follow us on social media as well. Here with me today, I've got Gareth Manderson, the CEO of Core Lithium, and Doug Warden, CFO. I'm gonna hand over to Gareth, who's gonna go through some highlights of the recent quarter, and our current focus before we start doing the Q&A, the questions that you've sent in. Gareth, I'll hand over to you to start the presentation. Well, thank you very much, Natalie, and thank you very much for everyone on the call. Appreciate the opportunity to be able to take you through the quarterly highlights. We'll respond to some of the questions that have been submitted through, and then there'll be also an opportunity for questions a little bit later. I'm speaking to you from Perth, so I'd like to recognize the Whadjuk people of the Noongar Nation, the traditional custodians of the lands where we operate today from Perth, and then the Larrakia people as well, the saltwater people in and around the Darwin region and the Finniss area, where we operate as Core Lithium and are currently producing and shipping concentrate. Q1, financial year 2024, so the quarter that we've just been through, is quite a pivotal moment for Core. It's the first time that we've had consistent feed to the concentrator and been able to establish integrated operations. So, from mining ore at the base of the pit, processing and crushing operations through to logistics and delivery to the port and then shipping it. It's also the first where we've been able to say that we've had consistent operations during that period, and I'm really pleased to see the results that the team has been able to deliver with the Q1 against the guidance that we issued in the beginning of the year. So our overarching strategy and approach hasn't changed. There's three things that we are focused on as Core Lithium. The first is to develop the mining business and deliver concentrate into our offtake agreements through the Grants operation and processing operations at Finniss. The second is to develop and progress the BP33 project, which is turning out to be the cornerstone mine for the business. Grants gets us started, and BP33 is looking to provide the longer mine life opportunity for Core. And the third is to continue to explore and find alternate or options and mining options, and start to turn some of those exploration targets into mines through the study process. So continuing to explore and starting to put some of those exploration targets through the mining study lens. So moving back to operations, there's been a significant focus on mining productivity out of the pit, with a solid 8% increase in total material moved. Probably more encouraging has been the presentation of ore out of the pit. And that has been achieved through improved blasting practices and also improved availability of dig units. So quite a lot of focus on, you know, day-to-day, shift-to-shift operations. We've been heavily focused in the recovery space. Now, there's two things that are probably seeing slightly lower recoveries through the quarter than you would expect, or maybe when we take a look at the chart, you'll see the movement in the chart. And that's because we are running a series of trials to understand what the opportunities may be to enhance recovery. So, we've been running trials to see what the best set points might be for the concentrator and also size fraction in terms of feed and a few other things like that. And the second one is that we had some contract specifications with a higher grade specification. So when we deliver into those higher grade product builds, we see lower recovery. So that's been some mixed performance during that particular quarter. But coming out of that, in October, we've seen 55% or above, so a nice, steady improvement using those operating parameters that we were able to determine in that Q1. We had a second and final shipment into the prepayment arrangements that we entered into with Jiuquan. I think a good and prudent approach to manage cash was to establish those prepayment agreements during the startup period, and we've been able to complete and finalize those. We've also seen the first shipment into the offtake agreement with Ganfeng. We've also in October seen a second shipment into offtake agreements with Ganfeng. Average realized price was $2,500 or a touch above. BP33 is progressing well, and quite importantly, from the infill drilling at BP33. So, drilling to firm up and understand the resource itself, that will then go into the mine plan and the study. We've seen 89% of that resource are now measured and indicated. So that's an improving confidence level, but I say 25%-30% increase in the proportion of the resource that's considered now to be measured and indicated. Cash is quite strong at just over AUD 200 million, and we had the SPP and the institutional placement during the quarter as well. One recordable injury, and I think it's important to be focused on how safe our operations are. It was a hand injury, so a medical treatment case, so not a lost time injury, but an important one to focus on, understand how we can improve safety for our people on site. To do that, we've implemented critical risk management, which is a process and a set of tools that are focused on understanding what are the critical risks or the fatality risks that exist in the tasks that we're doing today, and have we got the right controls in place. We're also in the process of the second round of community grants for the local area in and around Finniss and the Darwin community, and really pleased to see a number of local community groups taking benefit from that opportunity. Just move to the next slide, and you can see the recovery and concentrate production curve. A good, steady increase through the year. So you might remember in the Q1, operations were just commencing, so we just started to produce our concentrate. In the Q2 calendar year, so April through June, fairly mixed in terms of feed availability for the concentrator. And then in July, we started to get a steady run, and we're seeing recoveries through that particular period, slightly higher than the quarter prior and in the current quarter. So in October, moving forward, we're seeing recoveries at the mid-50%, and we'll hopefully get some more information out later in the week that shows a slight improvement upon that moving forward. Our guidance is on track, and I think that's important. So, we're now moving from a developer and explorer to an operator. So more and more, it's important that we actually understand what the following quarter or the next quarter is going to look like, and then deliver on that. I'm pleased to see that, out of the gate, we've been able to deliver on the guidance in terms of mining and concentrate production. We've also done a lot of work in the preparation for the wet season, so there's additional investment in pumping and piping infrastructure, additional investment in water retention infrastructure, and probably importantly, also improvements to our sedimentary basins and some of that other equipment that we use to ensure that we're able to discharge water in a clean fashion off-site during the wet season. So a significant preparation going on in that space. We've also taken a look at pit wall stability and put in a series of additional equipment. So there's a second radar. So if you're familiar with mining operations, you'll know that it's best to have a perpendicular view of the walls that are of most concern. So we've actually put two in to be able to do that. And we're able to actually monitor that pit wall movement and take action and put the right controls in place to ensure that we can manage wall stability during the wet season. We're moving on. We've got a series of photos to demonstrate the progress with BP33 site work. So you can see the final box cut design on slide six, and I guess the photo from early October of the bottom end of the pit. So there's probably another bench to go in that space, and then we would actually have access and be able to construct the fourth wall. We move on to the next slide, and you can see the foundation preparation for the box cut cover. So there's the box cut excavation in those first slides, and here is the foundations for the steel tunnel liner that then provides all-weather access to the bottom of the portal, or to the portal rather. That will be a covered box cut, and the plan there is to remove the water runoff from the box cut. So in other words, it's covered, so we don't see it accumulating water and preserve all-weather access to the mine. All the tunnel liners have been delivered, and we're in the process of starting to think about how we might assemble them and start to actually form that tunnel liner, and then start to do the cover work. You can see photos on slide 8 of tunnel liners that have been transported to site, and you can see the reinforcing steel cages for the tunnel arch footings on the right-hand photo there. Probably, look, importantly for BP33, during the year, we've been able to announce the results for an increase in resource. So during the calendar year, we've seen a 130%+ increase in total resource for BP33 based on the drilling results during the 2022 year. And we've most recently been able to announce an increased confidence. So we've moved to 89% of the resource for BP33 is now measured and indicated. That's actually a really good result for that mine. That will go into the mine plan and into the study work that's underway with intention to present a project for FID to the board in Q1 calendar year next year, so the March quarter next year. On slide 9, you can see the project pipeline. So we're establishing the mining business around Grants and the Finniss processing operations that we have operating today at the moment. We're completing the BP33 project. And then the third piece is to start looking at exploration targets and see them start to progress through to mining options. So if you look at this particular chart here on slide nine, you can see Grants is in operations. We're doing some work to understand Grants extension. We know that there's some ore underneath the mine plan at Grants. We know that we need to bridge successfully in terms of concentrate production between Grants and BP33, so there's some work underway in that space. BP33 is a project that's under study with near-term plan to present for approval. Carlton is another mine that is proving up through a study that we have underway at the moment. It's likely to be the next mine. We've done some additional drilling and announced those results to understand what that ore body might look like, and that will go into to inform the Carlton study. And then we're also looking at other targets. So Hang Gong is seeing some work this year. Lees, Sandras, Bilatos, Penfolds, Ahoy, that central part of Finniss. And we're also taking a look to test ground around Shoobridge and Anningie and Barrow Creek. So Finniss is 88 km from Darwin, around the Darwin Harbor. If you like, if you were to go 100 km directly south from Darwin, along the highway, you'll round the Adelaide River, if you're familiar with the area. We've got some ground called Shoobridge. We did some soil work last year, and we've designed a drilling program for this year. So we'll start to just test probably in a small way the opportunity that might be available to us at Shoobridge. We also want to start to kind of map out and get a plan together for Anningie Creek. Anningie Creek is much further south in central Australia, about 300 km north of Alice Springs, but it is near a rail line, and probably about roughly four times the area of Finniss. Some of the surface presentations are looking good. What we need to do is do the ANT, a tool that we intend to apply there. We'll also complete some soil sampling, and we'll use that to then define what does the exploration program look like at Anningie Creek. So the plan is to cornerstone the business in North Finniss through the Grants operation and the Finniss processing infrastructure, move into BP33, and start to see what other targets and opportunities there might be in and around there, given that that's where the existing infrastructure has gone. But at the same time, start to test more broadly the land that's available to us across Finniss, Shoobridge, and Anningie and Barrow Creek, and then get a little bit more kind of options analysis or a bit more strategic about where we might look and where we might go for for our next mining opportunities. The final slide there, slide 10, just want to cover off on our priorities. Number one is to operate safely and deliver into the guidance. So recovery and mine productivity are two significant focuses. We're implementing that critical risk management program that I talked about in terms of taking care of people on site. The second is sustained growth. So our exploration program is about halfway through and working at pace. We have focused more on proving up mines more recently, so there's been more kind of infill drilling at BP33 and Carlton in the early period. We've announced those results. We're now moving to test other targets and see what the options might look like across Finniss. As I mentioned a little earlier, starting to test ground and start to design programs around Shoobridge and Anningie and Barrow Creek. ESG is, you know, we're working very closely with the community. Really pleased with the, I guess, the relationship that's developing with the local community. Whenever we engage with them, it's all about, you know, how can we operate together safely on roads, for example. We've got the community grants program, which is well subscribed. The requests are fairly modest from local communities, so it's a kind of a good space for us to be in. We're also looking at that, you know, what's it like to work with us? So, taking care of people through the health, safety, and environmental systems, for example, and a contemporary approach to the way that we work with people and work with our contracting partners so that we create a system and a culture and a process that people want to be part of in the operations around Finniss. And at that point, I might pause and hand back to Natalie. Natalie will take us through the questions that have been submitted, and then I believe if we've got time at the end, we'll also have an opportunity for people to type in questions, and we can respond to them during the call. Yep, fantastic. Thanks, Gareth. I can see some questions coming through already, which is great, and some of those we'll address as we go, and at the end. First, maybe, Gareth, I know you touched on exploration in the presentation, but we had lots of questions on exploration, including on, you know, when people can expect news flow on exploration, and some specific questions on how the Fleet Space ANT work is going, and what that's doing for us. And also, questions from shareholders around the fact they used to hear about gold prospects and projects, and not hearing about those so much anymore. So sort of a suite of questions around exploration, if you can just make some comments on that. Yeah. So, maybe I'll just kick off with the gold one first, given that that's the shiny option. I am aware and have had conversations with the exploration team around some of the gold results that we've seen. We did do some testing work in 2022. There was nothing particularly that merited a conversation around that. So it's not that we've forgotten about it. But what I would say is that we did take a value and a resource decision. So where do we want to apply the resources in the business? What is our business? And it was proving more up around lithium, and we knew that we needed to grow the business around lithium, so we directed our effort and our resources in that particular space. Particularly given that some of that preliminary work that we did around the gold, following some of those other announcements, didn't really yield anything particularly exciting. But rest assured, when we do the assays, we do test for multiple minerals and metals. So if something was to come up in the drilling that we see, we will find it. We're not just assaying for lithium. Probably, maybe another way to sort of start to answer that question around exploration from a drill hole and sample preparation is about three months or so to get assay. So it does take a little bit of time. But what we've done in this drilling season is we've focused very much on proving up mines in North Finniss, and we knew that BP33 was important. We knew that Carlton was possibly the next mine, so we focused our effort in that space, and we've announced those results. So, you know, earlier this year, the assays came back, the analysis was completed, and we were able to say that, BP33 resource had more than doubled, so a 130%+ increase. We did some further extension drilling, in this year, in the last few months, and we've got the results back from that. We've announced those, and we've seen, the measured and indicated increasing to 89%. So that's about a 25-30% increase, I believe. We've also, done some infill drilling around Carlton to get some understanding there, and they were also included in that particular announcement. We're now moving to testing targets, so proving up mines, testing targets in North Finniss, and that is underway. So, I think I mentioned some of those before. So Booths, Lees, we're also looking in the central part of Finniss. I think Penfolds comes to mind, but that's a work in progress at the moment. So we're currently drilling. And we're in the process of resolving a program of work at Shoobridge as we speak. We'll get onto that ground in the coming weeks. And before the end of the drilling season or the period before the end of the year, we do hope to complete some soil testing in and around Anningie and Barrow Creek. Now, I think another part of the question there I saw was with ANT. Yep, so ANT, we've probably completed an analysis of the bulk of the area that we had targeted at Finniss. It has... I guess, the early results in the northern— We started at the north, we moved our way south. We're probably 70 or 80% of our way through that particular area. The preliminary results for the northern part of Finniss have been used to identify some targets and sort of, I guess, trim or focus that drilling work. So if you think about how the exploration team have gone about it, they've focused on proving up mines in BP33 and Carlton. While they were doing that, they were completing the ANT work in the north. They then used that ANT work to then guide the next, the next phase of drilling, which we're in the process of doing at the moment. Look, I am probably... The exploration guys will tell you, I want to see the results turned around very quickly as well. So I totally get that sense of urgency and am aligned with it and appreciate it, but also need to give them enough time to understand the results and do the right amount of technical work as well. Thank you. Great. Look, another topic that you've obviously been keen to hear Gareth's views on is the share price and its recent performance, and we've had, just had some come through live as well. So Gareth, if you could provide us any thoughts on that and also perhaps on the elevated short position that- Mm. -that is in Core stock at the moment. Yeah. Yeah. Look, both of those issues are, you know, of significant kind of interest and concern to myself and the team. Look, when I take a look at the share price, we've also seen quite a significant movement in spodumene price. So I think, around $6,000-$7,000 a ton last year. It's currently at $1,650, and there is a very strong correlation between the- well, actually any lithium producer or explorer share price with concentrate prices, which is what we also see. We also had our commissioning period and process there. We then came out with some guidance that was a little bit different than what the feasibility study said. But I think for us moving forward, what's most important is to get that drumbeat of delivery, which is why I'm really comfortable and pleased with the approach the team's taken with the last quarter to see mining rates and recovery rates improve and delivering within that guidance. We now are transitioning from an explorer and a series of kind of opportunities to actually kind of real-world delivery on a day-to-day, week-to-week, month-to-month basis, and that's our, that's our focus, moving forward. Okay, thanks. Yeah. Actually, I probably should comment on shorts- Yep. was the other comment. So, look, along with many other lithium stocks, Core has seen elevated shorts. We can focus on things that we can control, which is the delivery that I talked about before, and it's actually, you know, crafting, doing the exploration, crafting projects around those exploration targets and understanding the projects that might come to fruition there, and then sort of delivering on that. So, I think that's where our focus should be and should always be. Look, lithium, there's clearly a number of people in the market that are forecasting something different to many of what many of us believe around concentrate and the opportunity that lithium affords. I also would say that the... Look, at the end of the day, our focus just needs to be on the things that we can control, running the best business that we can. And in many ways, I'd just like to prove them wrong in terms of our delivery. You know, we've seen some sort of a really positive shift. So we started initially with recoveries in the mid-40s. We're now sitting in the mid-, to be honest, maybe a little bit in the, in the mid-50s. And that's a really good trajectory. And I guess some people have kind of taken a look at how a number of others have started and thought that, you know, Core may have some similar challenges. Great, thanks. But while we're on financial markets, perhaps, well, if we can touch on the recent capital raise. Some investors have wondered why we've raised money that way, and we're concerned about the dilution effect. So if you could just talk a bit about the rationale for doing the capital raise instead of other ways of raising. Yeah. Look, one thing. I might hand this one to Doug to comment on. But one thing I would say is that I had a look at the feedback from the last capital raise and noticed that retail shareholders wanted to participate, and we made sure that that opportunity was available for them to participate. I do notice it wasn't fully subscribed for the SPP component. But that was actually important to me. I am keen to engage and understand the investors, the owners of the company, what their views are, and attend to that. So, would like to call that one out. But perhaps, Doug, you might want to talk a little bit about the rationale for the capital raise. Yeah. Thanks, Gareth. Yeah, look, just to put a bit of color around that issue, after we'd completed the FY 2024 budget and subsequently released our guidance to the market with our June quarterly towards the end of July, we assessed the company's funding requirements, and this is particularly in light of the need to pursue the BP33 early works and continue to explore the Finniss ground, as Gareth talked about, to find additional mines. In light of the risks we felt the business was facing, including the ramping up of a new mine in Grants and with a backdrop of a volatile lithium market that was already showing signs of softening, we decided that the company's growth agenda should be equity and not debt-funded. I'd also add that the BP33 early works and the exploration work, together with early-stage studies, are not typically activities a bank will consider funding. With BP33 early works, just to be clear, we have not completed what would be referred to as a bankable feasibility or a definitive feasibility study for that work, which would normally be required by a bank. I guess one final comment, the continued softening of the lithium market suggests that that was a prudent strategy, to use equity to fund those activities and not debt. Thanks, Doug. Great. Thank you. Now, we might move back on to operations. We've talked about the significant focus that's happening on improving recoveries in the plant, but could maybe also touch on a bit on what we can do in terms of trying to increase mining productivity, and also a little bit on the product. So seeing a lower grade than a 6% spodumene or a 5.5% spodumene concentrate being produced, the drivers of that strategy. And then maybe, Doug, if we could also touch a bit on the costs of the operation and, you know, as prices weakening, what can we do there with costs and what did we see during the quarter? Yeah, thanks, Natalie. So, I think it's probably just worth talking a little bit about concentrate grade. So, the market references an SC6, so that's a 6% lithium concentrate. It's unusual for that to actually be the grade of product. So we were targeting, you're quite right, a 5.5% grade. One of the things that we kind of noticed in the analysis of the performance of the concentrator was that by reducing that grade, we're able to increase the proportion of lithia units, so the actual yield. And we're able to offer more lithia units to our customers at a lower grade. So your yield increases, your grade comes down. And, I've just spent the last week in China talking to all of our major customers, and they say: Look, that's a normal process to kind of go through during this particular period. They're very comfortable with that, and they see the additional lithia units as being the opportunity for them. In addition to that. So that's a separate issue, and probably a commercial one. But from a processing perspective, we ran a series of trials looking at feed size, and so we've moved to crush to a 10 mil rather than a 6.3 mil feed into the plant. We think that, apart from the ore body, so-... You know, roughly, 30%-40% fines entering into the plant in that Q1 of operations. We think that, in addition to the ore itself, we were creating some fines through crushing. So increasing that top size is helping. We've done some tuning work around various different set points in the concentrator, and we've actually also starting to look at debottlenecking. So, what's the flow across screen? How can we increase some throughput? So what we've been doing is a series of trials and a series of changes in the concentrator to improve recoveries. And that's got us from kind of the mid-40s% when we first started to the mid-50s%, now. We're also from a concentrator performance perspective, beginning to focus on rate. So what's the throughput rate through the plant? And starting to lift, lift that, and starting to put attention to kind of reliability and uptime. So what are the different things that, you know, pipes might block or, or other, other faults in the plant? How do we improve those things as well? So there's a series of opportunities in that space that we'll continue to work on, but I'm, I'm really quite, quite pleased with the progress that's been made to date. Doug, would you like to comment on the cost question? Yeah, look, just in terms of costs, in light of the current pricing environment, I mean, clearly, we're looking at any discretionary spend that and really running the ruler over that, as we always would, but particularly focused on that given the current market that we see ourselves in. But, you know, mining, as many of you will understand, is, is largely a fixed cost business. The mining activity itself, actually moving dirt, is about 60% of our cost base for the Finniss site. And without moving that dirt, we can't produce product. So really, the big lever that we have is more units to improve the, the denominator effect of a unit cost equation. So more units equals lower unit cost on the same cost base. And, you know, the biggest lever in that is improved recoveries. 'Cause those tons, more or less, apart from some logistics of getting the extra tons to port and then to China, those, those tons are more or less free. So that's the, that's the key focus for us at the moment. Great. Thank you. One that comes up from time to time we've had sent in is around the part of the outlook for the business, included downstream processing at one stage and a potential hydroxide plant. Is that something that's still on the agenda for us? Look, it's not our current priority at the moment. When you look at downstream processing, we're talking about sort of chemical processing facilities. We're, as I mentioned earlier, focused on becoming a mining operator. It's a completely different culture and the capital outlay is quite significant in that space as well. So I think it's about kind of building a business around concentrate operations and becoming a reliable, steady operator of a mine. And starting to grow and develop through these projects and this exploration program that we've talked about. In terms of downstream, I wouldn't rule out options down the track, but at the moment, it's just not our focus. And we've got lots of people who are actually interested in building hydroxide plants or carbonate plants in other parts of the world and possibly even in Australia that we could sell offtake to. Okay. So, a few of you have asked about what, what's happening just in the commodity market more generally and in the lithium sector. So look, it's obviously a very interesting space right now in terms of both pricing dynamics and demand and so on, but there's also a fair bit of corporate activity happening. Would you make some comments on that, what you're seeing, and your thoughts on that, and also what you're hearing when you speak to customers? Yeah. There's definitely a lot of activity going on in WA in particular. And look, other parts of the world, so, you know, South America, North America, in Canada, for example, a little in the US. Look, I think it's kind of indicative of an industry that is emerging to a degree. There's probably two components to demand. There's a number of players that are taking a long-term view, and you can see them taking positions and finding opportunities. And then we've got a number of people who are interested in offtake in kind of the 3-4-year timeframe as well. In the near term, we've seen the spodumene price drop, and it's interesting, the customers kind of are still quite keen on the offtake. They're still quite keen on that fines product. There was some interest last week still in that. So look, I think it's gonna be a period for us to navigate through. But fundamentally, I would look at that activity and say, "Well, there's a number of people that are quite interested in the medium to long term." And so I think that that's a good thing for lithium and a good thing for Core. Okay, great. So we're coming into a wet season in the Northern Territory, and you know, we saw impacts ourselves and a lot of other miners in Northern Australia last wet season. Can you just talk about, like, there's a question here around whether we'll need to shut down during the wet season at all? Yeah. Look, there's a number of ways that we've focused on preparing for the wet season this year. Maybe it's easy to kind of categorize it into two areas. Number one would be to get ourselves in a position where we've disconnected the concentrator operations from the pit operations, and we've done that by accumulating ore on the ROM. At the end of quarter, we were at 136, and much higher than that now. So 136,000 tons at the end of quarter, and that's continuing to accumulate. So the idea there is that we build ROM stocks, and then we process ore from the ROM during the wet season period. And that way, we you know, the ores at the base of the pit, if we see water in the base of the pit, it's not impacted. So during the wet season, you'll see us actually shift from ore movement through to development in the mine during that particular period. So upper benches that are less impacted by the wet season. The second thing that we've done is a series of improvements based on what we learned from last wet season. So additional pipes and pumping infrastructure, additional water storage infrastructure, and some improvements to the sedimentary basin. So they settle out some of those solids more effectively before we discharge the water offsite, so we can make sure it's clean and they work more effectively. Great. Thank you very much. Look, we're gonna wrap it up there. Hope that you've found that useful. We've covered a lot of topics. As always, you know, please do subscribe to the website, and there's an ability to also ask questions via the website. And let us know what you thought of this event, and we'll endeavor to host them again in the future if you found it valuable. Gareth, I might just hand over to you to wrap it up. Yeah, thank you. So maybe just in summary, there's three things that we're focused on: get the Grants mining operation and the processing operation in Finniss running smoothly and delivering quarter-over-quarter into the guidance. The second is the development and progression of the BP-33 project. And the third is the exploration and mine studies program to understand what the portfolio of options might be available to Core in that growth profile. And look, once again, really do appreciate your time on the call and the questions that have come in. I do hope we've covered them in you know completely enough for you. As Natalie said, we are looking at how we engage with our shareholder base and wanna make sure that you're getting the information that you're interested in. So thank you very much for your time today. Take care.