Great. I think we can probably get started here. Victoria, do you want to kick things off? Yeah, no, that would be great. Thanks everyone for joining us on EverGen's Q3 earnings call. Chase is going to be giving the majority of the presentation. Chase, I can't see who you have with you. Is that Sean on the side? Sean's here. Mischa's on the call as well. Okay perfect. Do you want me to share the presentation on my end for you? You can just let me know when to. That would be great. Okay, perfect. All right. It says that you've disabled screen sharing, so you may actually have to Chase, you might have to share it on your side. It looks like you've disabled screen sharing. Perfect. It depends. Just a second. I know. We'll get that going here from our side. Okay. Recording in progress. Can you share the presentation? Yeah. Sorry for the delay, everybody. We have the presentation coming up here now. Chase, if it's not working, you can just make me the host. If you right-click on my name and go to More, there should be somewhere that says Make Host. Recording stopped. Okay, perfect. Should be working now. We had logged in under the wrong account, so. Nobody was the host. Appreciate everybody being patient, and hopefully that gave everybody, a few more people a chance to join. Can everyone see my screen? Yeah, if you could get larger. There we go. Hang on a second. Okay. Great. Thanks, Victoria. I think just as we go through, if there's any questions for Mischa, Sean or I, type them in the chat and then we'll get to them at the end of the presentation. We'll leave some time. You know, I think we obviously did an update call around our AGM for those that joined that. Today we'll really stick to the earnings results for Q3, and we'll give a little bit of an update on the business and then leave some time for questions. Thanks. Thanks everybody for joining. I can go to the third slide. Next slide. Great. Thanks, Victoria. Overall Q3 2022 for us, it was an exciting time for EverGen. We've got a base operating business that is operating in line with last year and our expectations and really setting the stage for growth with two core expansion projects that are now under construction and really are gonna drive our growth of EBITDA. You know, the milestones that led us there. In Q3, we executed a term sheet for a long-term RNG offtake at Fraser Valley Biogas. This is renewing our 10-year-old existing agreement. With a new contract. So that's something that we expect to transition to a definitive agreement in the coming weeks. We completed the acquisition of GrowTEC and went immediately into constructing the RNG conversion project there, which is now 80% complete. That was completed in July, the acquisition and broke ground right after that, installing the RNG upgrading units, which you'll see on the slides coming up in the presentation and expect to be flowing gas there by the end of the year. We secured funding for our growth with a term sheet for a CAD 31 million senior term loan from Roynat and EDC. Then we broke ground at Fraser Valley Biogas at the end of September. Really, you know, these two projects drive a significant increase in our cash flow. As we look through what we're excited about in Q3 and early 2023 is that we have a number of catalysts that relate to both these construction projects, but also, you know, our core business in terms of the ability to fund projects, but also the amount we get paid for our gas. You know, that will be the execution of the loan facility, so the definitive agreement there. The same with the long-term offtake agreement at Fraser Valley Biogas, which will result in us receiving a higher price closer to today's market price for RNG, on a long-term basis at Fraser Valley Biogas. The construction milestones. You know, I think in our first year of existence we had a number of internal milestones that, you know, we, as we advance projects towards shovel-ready status, now we're in the process of constructing and commissioning both Fraser Valley and GrowTEC, and there's a number of milestones that we'll hit as we move through those projects. Finally, Project Radius, I think is, you know, is untapped potential for us, not being realized in our share price, as well as the Net Zero Waste RNG expansion, which will have further milestones for us. I'll turn it over to Sean on the, on the operating results for Q3. Great. Thanks, Chase. Yeah, on this slide, we've got a summary of our results for the three and nine months ended September thirtieth, 2022, relative to the same periods last year. Starting at the top of the slide, revenues came in slightly higher than last year. There was a boost in revenues with the GrowTEC acquisition. There was a slight increase in the amount of revenues from tipping fees received. This was offset slightly by a decrease in RNG revenues, which are all covered under insurance proceeds. Net loss. Net loss relative to the primary driver of the increase in net loss relative to Q3 last year was a $1.5 million accounting adjustment or accounting revaluation last year. There was a few timing differences relating to certain overhead expenses. Relative to Q2 of this year, the main driver of the increase in the net loss was deferred taxes. My point here is that, you know, in both instances, the primary variants are accounting related adjustments, and that's why adjusted EBITDA is relatively in line with the same period last year. Had we not had the impacts of the floods, soil sales would have been boosted and those we would have expected adjusted EBITDA to come in higher than last year. Moving down the slide, we made significant CapEx investments during the period. The major investment was obviously our acquisition in GrowTEC. We continue to invest capital into our, both of our Fraser Valley Biogas expansion and our Net Zero Waste expansion projects. Moving down to cash. We finished the quarter with CAD 12.8 million of cash. This excludes our estimate of approximately or in excess of CAD 1 million of expected insurance proceeds, which we believe we will receive during the fourth quarter of 2022. If we can move to the next slide. Here what we've tried to do is break down our cash flow statement to kind of draw attention to the investments we've made within our growth projects. Starting at the top, we started the year with CAD 22 million of cash. We've had a slight outflow of cash relating to operating activities. Again, if we had received all of our insurance proceeds through September 30th, we would have expected this to be somewhere around nil. Our target for year-end is to record positive operating activities pending a final insurance settlement. Financing cash flows includes the payment, repayments of debt and leases, and then $300,000 for the repurchase of common shares under the NCIB program. Yeah, as I touched on, the purpose of this slide is to really draw attention to how we're investing in our growth projects? We've made investments in the GrowTEC acquisition. The NZWA and Fraser Valley Biogas expansion projects and Project Radius as well. That's Our investing activities are circa 80% of our total cash outflows for the year. Moving down and looking forward to post-September 30th. Once we receive the expected debt proceeds from the soon to be executed debt facility with Roynat and EDC, and draw on the funds for the Fraser Valley portion of the facility, We expect to have a remaining cash balance of circa CAD 5.5 million after funding both the Fraser Valley expansion project and the first phase of the GrowTEC expansion project, everything else remaining equal. This leaves us with a healthy cash balance to then deploy to future accretive projects and activities, which I'll hand it over to Chase to talk about. Yeah. I think important on this slide, this is a photo of the GrowTEC RNG upgrading units that we've now installed, you know, awaiting commissioning. This, you know, this is really a smooth transition, you know, an example of our team coming in and executing on a project midway through, which is really our business model. You know, coming into projects that are on the 50-yard line and taking them across the goal line, I think is, you know, has been our motto since day one. As we commission Fraser Valley phase I, I think this CapEx is for both phase I and II, but just the first phase, and GrowTEC first phase, we're looking at the baseline EBITDA of around CAD 8 million with upside from increased tipping fees and RNG sales to something closer to CAD 10 million of EBITDA. At that point, we're sitting with, you know, CAD 10 million of debt, CAD 5 million of cash, or CAD 15 million of debt, CAD 5 of cash, about a CAD 10 million net debt position, and about that in EBITDA. Heading into our next two projects being Radius and Net Zero Waste Abbotsford expansion. If you go to the next slide. You know, the cash flow from Fraser Valley and GrowTEC would get redeployed along with the cash position that we have. Plus we've got CAD 16 million of available credit towards Net Zero Waste Abbotsford. With those three sources, we would be funding Net Zero, with the capital that we've already spent. We might phase that project so that there's some spending that would occur towards the end of the project that would be on minor upgrades, but it wouldn't impact the capacity of the project. You know, this is the overall picture. This includes the Net Zero Waste Abbotsford expansion as well. I think, you know, this doesn't include is our development project at Project Radius in Ontario. We go to the next slide. From a multiple standpoint, you know, this is, you know, just as a bit of an update for those that weren't on the AGM call. What we continue to see is strong valuations for, you know, for the space being the renewable natural gas peers as well as the IPP or more contracted renewable infrastructure companies. I think, you know, what's changed is there's been a significant push out of projects, delays and EBITDA on the RNG side. You've seen their multiples have expanded. you know, there's some really aggressive growth targets. I think the reality is that, you know, a more measured pace is what you'll see for the industry overall. I think that's, you know, that's something that's happened, you know, outside of EverGen, and I think has led to what appears to be higher valuations for next year. Next slide. I think, you know, I think our business model, hopefully those on this call, are familiar with the company. You know, happy to answer any questions or come back to it, but I think maybe skip to the next slide, Victoria. In terms of where we, where we sit today, Mischa, I don't know if you wanna add anything else to this in terms of some of the growth avenues that we're working on. But maybe this is a good time to do that. Yeah. I think the only thing to emphasize here is, you know, we're now sitting here with projects in BC, Alberta, and Ontario. We're looking to grow our portfolio in Ontario, Quebec as well, where we see a lot of opportunities there, particularly given the regulatory environment and the offtakes being offered by Énergir, the Quebec offtaker. I think that's sort of the next leg in our expansion process that we're focused on and excited about what we can do there. Go next slide, Victoria. Mischa, anything else you wanna touch on the operating portfolio that we might have skipped over? I saw a question there about feedstock. I think that, you know, when you look at these four our four core projects here, feedstock is essentially secured at Fraser Valley Biogas for phase I. We're working towards securing the phase II feedstock as well. Essentially in the region, there's too much feedstock, not enough homes, not enough permitted sites to take it to. Feedstocks are getting trucked 500 km up north in the interior of the province. So really, you know, given the location and the status of our projects, we're sort of in a prime position to receive feedstock. You know, I think we've got a healthy mix of long-term contracted contracts for municipal waste, as well as being able to take advantage of some more favorable spot pricing on some of the commercial waste as well. We're pretty. I think we're in a pretty healthy position in terms of feedstock at all, across all of our facilities. I think a big reason for that, just adding to it, is the, you know, the combination of waste that we can take at each facility. I think you see, you know, you sort of see, these projects in the U.S. that are either 100% commercial waste or municipal waste or agricultural waste. The, you know, the challenges there have been they're facing a single offtaker. Or a single feedstock provider, I should say, in a market where there's not the same sort of dynamic in terms of bans on organics or there's not the same lack of infrastructure that we have in BC. I think that's a big difference. The ability to produce gas from manure, produce gas from a small quantity of ICI. I think, you know, just to emphasize, Fraser Valley Biogas has consistently produced 80,000 gigajoules annually of gas from what essentially is a combination of 40,000 tons of manure and 10,000 tons of commercial waste. I think that is a good example of how you're getting significant gas production from not a lot of commercial organics? This is really the waterfall buildup of our core business, and I think, you know, highlighting the ability to take in incremental organic waste on the front end, providing CAD 2 million-CAD 3 million of upside across our portfolio. That's bought and paid for infrastructure that we built, spare capacity that we have to take additional organics once we're fully complete our expansions. Same on the RNG upside. With those incremental tons, the ability to produce incremental gas. On the gas side, I think, you know, what's key is the market has continued to evolve. 18 months ago, Fortis was out there as the only one providing 20-year type utility-grade offtakes. Since, you know, since that time, we've seen Énergir come out and aggressively RFP gas in the space. We've seen a couple of the U.S. utilities, NW Natural, Vermont Gas, do the same thing. Then aside from the utility space, there's significant interest from the strategics or gas marketing groups that are looking to decarbonize their own infrastructure. I think what we're seeing is a really healthy offtake market that leads to increased upside for any additional volumes that we have at our facilities. That's the base business. Beyond that, we have our near-term upside from the pipeline projects that we have. These are both projects that are under development, like Project Radius and a couple of other greenfield projects that we've been working on alongside partnership projects that we have that we're in negotiation on that are at various stages of development. That's the CAD 15 million-CAD 20 million wedge, which we see getting us to CAD 30 million of EBITDA. Next, next slide, Victoria. Looking at how we get there? You know, I think it's this, you know, this is. I won't spend a ton of time on this slide. I think we've talked about it in the past. Our near-term pipeline, a big chunk of that near-term pipeline is Project Radius. At 2 million gigajoules per year, assuming a market price around CAD 20-CAD 30 per gigajoule on a long-term contracted basis, that's CAD 50 million-CAD 60 million of revenue just from the RNG side of the business, with incremental tip fee revenue and then 50%-60% EBITDA margins. That's driving a CAD 30 million+ EBITDA from that near-term pipeline. Maybe we'll flip to the next slide and talk a little bit more about Radius and the business model there. I think what, you know, what's been, you know, part of the strategy that we've taken as of late, given the current market, and high, you know, high value of cash on balance sheet has been taking projects like Project Radius, which for us was a one and a half million dollar investment, and using that development stage project as a model for growth. With Project Radius, we have three phases of 550 GJ per phase. Each of those phases is about the gas production that we'll have from Fraser Valley, Net Zero Waste and GrowTEC combined. It's large scale projects, agricultural projects in Ontario. We partnered with Northeast, who had been developing these projects for a couple of years and came in at a point in time where we saw the project being significantly de-risked but still pre-FID or pre-shovel ready, or notice to proceed stage projects where with significant milestones that we have line of sight to coming up. For us, for Radius, this is the signing of an offtake agreement, a feedstock agreement, and cost certainty on the project. We're approaching each of those milestones. I believe, you know, on the offtake side, we'll have something between now and the end of Q1, you know, probably early part of Q1. On the feedstock side, we've been working with The Andersons. I think that's been discussed before and expect to get to an agreement in short order. On the cost certainty side, we are awaiting final engineering sometime in the next couple of weeks, so we'll be able to talk about the, you know, where the cost is on this project. We saw all three phases as around somewhere between CAD 180 million and CAD 200 million of total spend, you know, relatively equal across the phases. We're working on an update there, but that, you know, that's sort of our benchmark. With all of those items in hand, we've got a de-risk project that's shovel-ready that, you know, that's where the value is created on these projects. Much like the wind and solar space, if you look at, developer-only, publicly listed companies that do nothing but just develop greenfield projects to FID and then sell them off, you know, that business model works in the RNG space as well. In our case, we've got the flexibility to take this project to shovel-ready status, bring in a financial partner to carry an interest in the project and retain operatorship is our goal. Ultimately, we're gonna look at all options, as we go through that process in early 2023. If there's an ability to monetize a portion of this asset and retain operatorship, you know, I think we'll do that. If there's an ability to potentially, you know, own more of it and, you know, our cost of capital makes sense, then we'll do that. I think we're really emphasizing that it's a flexible model. Our anticipated return, though, is, you know, somewhere between 10 x what the capital that we put into this and higher. I think, you know, when we, when we go to put shovels in the ground on this project, we expect that our carried interest in the project is gonna be worth north of CAD 15 million. That's the type of return that we're seeing in these projects. Because it's a new space, you know, we're not competing against, you know, hundreds of other solar developers. We're one of the few RNG platforms that have the capability to put development dollars into projects. This is a real area for growth for us. You know, if this project has CAD 15 million of value, we're not seeing it in our share price. It's a bucket share, just with this project alone and potentially higher if we're retaining a larger interest in the project. I think that, you know, those types of projects are where we're focused in terms of growth. We expect that we'll have some news to share on that in the coming months. Mischa, do you want to take this one? I feel like this is a long-winded explanation of where we're going with Project Radius, but maybe we can cap it off here for the... and then leave some time for questions. Yeah. I think when we look at key catalysts and milestones going forward, towards the end of the year and early Q1 of next year, you know, what we're really excited about and focused on are getting GrowTEC commissioned and producing first gas. The Fraser Valley Biogas expansion. We've got definitive agreements on our credit facility and the Fraser Valley Biogas definitive offtake agreement, which are imminent here, and additional feedstock awards from some of the various municipalities, as well as some additional new growth projects that we're working on. I think, as we work through commissioning and, at GrowTEC and the expansion at Fraser Valley Biogas, I think we've got a lot of exciting catalysts and milestones that we're focused on over the next three months here. Great. Victoria, do you wanna take us through some of the remaining Q&A out there? Yeah. Yeah. Cap off the formal part of the presentation there and then go into questions. Some of them I see some overlap, so maybe we can try to address multiple at the same time. Guide us through it, Victoria, if you don't mind. Yeah. I'll just go through and read them out, and try to get rid of the duplicates. If anyone does have a question, just a reminder, you can put it in the chat at the bottom of your screen. Chase, do you mind just commenting on the status of the grants? Yeah. They're, you know, the grants that we've applied for, there's a number of them across multiple projects. You know, I think one of the more substantive grants that we applied for was with Net Zero Waste Abbotsford and the Clean Fuels Fund. There was an announcement by the federal government about two weeks ago that they'd allocated about CAD 800 million of that CAD 1.6 billion fund, and we're working through the remaining awards. We're in that, you know, in that process. We're still waiting for a decision, we're in that bucket of projects that they're looking to allocate remaining dollars to, is really all I can say. I think ultimately they, the process that they went through, you know, it's a large fund. Our, you know, our project's relatively small. I think it's not surprising that we're in that second bucket of allocation. That's one of the larger grants that we've applied for. The others are in various stages of decision-making. We sort of follow up regularly, and you tend to get very little back until you get good news or you get bad news. We're still expecting, you know, a large portion of grant funding to come in, whether it comes in before or after completion on the projects. You know, I think that's the bigger question. We've applied or we continue to apply for grants. Things like GrowTEC, things like Fraser Valley, both have the expansions that we're doing today, both have applicability for new grant programs that were recently announced. We're applying there, probably another CAD 10 million of additional grants that we'll apply for. Then we have been awarded a small grant of around CAD 2 million on one of our projects where we can't disclose too much about it yet, but we have had some positive news and we're still waiting to receive news on the others. What's the potential to lock in RNG pricing above the CAD 30 market, GJ? Today there is some potential there, depending on the. I think first of all, from a D.C. perspective, Fortis has the ability to buy gas up to CAD 32, I think, at the moment, Mischa, is their cap. You know, with our contracts, you know, you'd expect that over time with inflation, you'd escalate to that point. In a sense, we have locked in pricing at that level. In the spot market or if you're looking at the California LCFS RIN markets, what we're seeing now as well as, I guess, the BC and federal carbon markets, we're seeing an ability to lock in a price in and around or just above CAD 30, depending on the carbon intensity of the gas. For a mixed waste project, it's sort of just above CAD 30, I'd say right now. For a manure-based project, you know, we're in the U.S., you're getting a higher price above that. I think you lock it in, but locking it in into those markets means locking it in for one year, three years, five years, potentially a little bit longer. What you're giving away is, you know, to a third party that's, you know, essentially hedging that. The pricing comes down the longer you lock in the price for. Yeah, still, the reality at the end of the day is that utilities are still a good counterparty. Our, you know, our model has been to contract for a significant portion of our gas production and then leave some exposed to the shorter-term markets and try to capture the best of both worlds. Could you maybe just elaborate on what's causing the production challenges, maybe operationally from, you know, some of the flood-related issues, and then how you guys are resolving them? Yeah. I can take this one or feel free to jump in, Mischa or Sean. I think the flood-related issues, really from our perspective, operationally, you know, were largely faced in Q1, Q2, and lingering in Q3. The lagging effect will be recovery of insurance proceeds in Q4. By the end of the year, we expect that, you know, the flooding impact is sort of the, you know, the impact on the financials is complete. I think what, you know, what's nice about that is it aligns with the calendar year, so that it's easy to see sort of year-over-year that the business has continued to operate the way that we expected. I think the, you know, the lingering issues are things that Sean touched on. The, you know, the soil sales as an example, so not having the soil to sell, that was contaminated from the floods. You know, having operations focused on cleanup efforts, versus sourcing new business. I think all, you know, all of those things are, you know, a little bit external to the, you know, direct costs of the flood, which are covered by insurance but, you know, still impact the business. I think it's safe to say we're through that and now our focus is on the construction projects and away from dealing with historical flood rating, flood issues. That, you know, what that says to me is, you know, our business will be improved next year regardless of the upgrades. We've got the upgrades on top of that that you'll see come through with a couple of milestones that are really short-term. One being the execution of the Fraser Valley definitive agreement that gives us a higher price. Secondly, GrowTEC coming online, where we'll start to get a higher price for gas. We'll have sort of three, really three drivers for our increased operating cash flow being GrowTEC, Fraser Valley, and the flood-related impacts being out of the results. Yeah. I can address the specifics for the RNG production volumes. With the flooding that occurred, 1 year ago now. There was some equipment at Fraser Valley Biogas that was damaged but was still operational. In order to change out that equipment, we would have had to incur a significant amount of downtime, and we were still seeing production volumes at historical levels. A decision was made not to change out that equipment and to upgrade it as part of the expansion project which is occurring now. Some of that equipment started to fail during Q3 and has since been remediated with the expansion project, which broke ground at the end of the quarter. Just to reiterate, all of those lost revenues are covered under insurance under our existing insurance policies. That's the main driver for the lower, gas production, this year. Revenues are unaffected. Then as we move forward, the construction work that we're doing at Fraser Valley Biogas is we're setting up the site so that, you know, if the same 100-year flood occurred again, we would be positioned so that the majority of all of the electrical, process flow lines, everything is above the flood line so that we're able to continue to operate in a much more resilient fashion outside of, you know, outside of a catastrophic flood. You know, in which case I think you're seeing Abbotsford spend a ton of time and effort on solving the overall problem. I think CAD 2 billion has been committed to, you know, fixing the regional issues. I think from a micro, macro perspective, I think we're in a good position or we will be post-construction. On top of that, what, you know, the other thing that we thought about and maybe questions here or not here is what does feedstock look like in the region given flooding issues? I think what we've seen is farmland in the region has continued to get historical high prices. Something like CAD 150,000 an acre was the last sale price of land down the road from our facility. Certainly in high demand, which, you know, is a strong driver for us. You know, go forward is a agricultural focus of that area and being a core project that helps recycle agricultural waste. I think that's a positive sign, in the last few months that we've seen. Could you speak to the increase in your G&A? Should we look at this as the new run rate or was it some one-offs? I can take that one. G&A in Q3 last year was extremely low. If we look at year ended 2021, the G&A for the year was CAD 3.8 million, which is approximately CAD 1 million a quarter. CAD 1.1 million isn't far off a run rate. During Q3 of 2022, there was obviously transaction costs incurred with the GrowTEC acquisition. There were legal fees, success fees, et cetera, which circle around CAD 200,000-CAD 250,000. Yes and no. I would say that CAD 1 million is a fair run rate G&A, CAD 1 million a quarter, and that's in line with last year. That's inclusive of acquisitions and, you know, other things that would not be part of the operating business. I think we're, you know, what we're really saying is we'll continue to be accretive. But, you know, for the purposes of modeling, I see where the source of the question. You know, we would associate a chunk of that in million dollars maybe with acquisitions. Yeah. Those are the costs that are being carved out of our adjusted EBITDA, the one-time related G&A costs. Will your credit facility be a fully floating rate? What is your all-in cost of the credit facility now? We have optionality there. We're being presented with options to lock in rates with. There's obviously we have derivative interest rate swap optionality as well. Those are all. As I touched on before, we haven't executed the agreements yet, but those are all areas that we're looking at. We're doing our own internal assessments to determine, you know, what's the most cost-effective approach to measuring this debt, new debt facility. How long is construction expected to take for Net Zero Waste Abbotsford? How long typically does it take to commission and ramp up these types of facilities to their nameplate capacity? That is. You know, I think with a project like that, where we've got the long lead equipment secured, you know, from break ground to first gas, we anticipate around six months for a new build facility. Six-eight months of construction, and then ramp up period that, you know, will take anywhere from a couple months to six months. You know, in this case, we've got feedstock already coming to the site, so I think it'd be on the shorter end of that. I think all in from breaking ground to ramping it up to, you know, our baseline. Our baseline is never nameplate capacity. I think with, you know, with all of our facilities, and maybe this is a difference versus our peers, I don't know. We typically assume somewhere between 70% and 80% of nameplate capacity in terms of our baseline EBITDA estimates that we put forward on a project-by-project basis. The rest is considered upside. I think in just the nature of the projects, our experience has been, you know, that that's a more conservative approach. Do you have enough cash and liquidity to complete the Net Zero Waste Abbotsford expansion? You've got the CAD 5.5 million in cash, plus I guess they're assuming your credit facility drawdown. Yeah. Our credit facility, you know, the dedicated portion to Net Zero Waste Abbotsford is CAD 16 million. I think, the CAD 5.5 million of cash plus operating cash flow, plus we expect some portion of grant proceeds, will get us to the remaining capital on that project, and then some. I think the, you know, for from a debt facility perspective, you know, we went with a senior option. What we've seen is, you know, there's an incremental CAD 5 million-CAD 10 million of subordinated debt at the project level, that, you know, that's available that we've seen term sheets on, that's also out there as well. Okay. Then, I guess the last question, 'cause I think you kind of answered all of the other ones in one way or another, but maybe just to elaborate on, I know Mischa, you spoke about the feedstock coming into each of your facilities, but can you just talk about the competitive state of the market, for feedstock right now? Yeah, absolutely. I think as I mentioned, you know, what's really happening in the space is you're seeing municipalities mandating landfill bans. All organic waste needs to be diverted away from landfills. Right now, the larger municipalities like Vancouver and, you know, the City of Toronto is starting to catch up and Calgary and the big cities are putting these in place. You're also seeing the surrounding areas also start to put these landfill bans in place, which is creating more organic waste. We just don't have enough permitted facilities to accept this waste. Right now at all of our sites, we've got surplus in terms of supply. We're turning away loads, and waste is going, you know, further up north, further in BC for sure. There's just not enough permitted facilities to handle them. You know, the supply and demand dynamics definitely favor, you know, platforms like us who have sort of flexibility in terms of where we can take feedstocks. We're just sort of gonna see that dynamic continue to look more and more favorable as we move forward here. Okay, thanks everyone. That wraps up all of the questions. Chase, any last comment you wanna leave everyone with? I think, you know, I think we're really positioned for a strong exit to the year, you know, with a number of, you know, positive developments in terms of our core business. Really, you know, the whole purpose of EverGen was to come in and redevelop projects, which we're doing. It's an exciting time. I think our team has all worked really hard to come up with a really structured model so that we can continue to template what we've been doing on Fraser Valley and GrowTEC. Maybe that's taken some additional time, but I think it'll reap benefits in the future. Like, you know, look forward to updating everyone in a couple of months on the progress at both of those projects. I think you'll, you know, you'll start to see our operating results match the developments of those projects as we come into the new year as well. Appreciate everyone's support and available for follow-ups if we missed any questions here. Feel free to reach out to Victoria or I. I think contact information should have been on the original email. Okay. Thanks, Chase, and thanks everyone for joining today. Thanks, everybody. Thanks, everyone.