Recent 2Q23 Results Surprisingly Good Recent 2Q23 results surprisingly good. Ending with $884k cash on 6/30/23, about 6 months of runway. ETI has been able to preserve shareholder value extremely well with belt tightening and sale of equipment, while getting closer to its first commercial deals. My favorite quote from the MDA released last week: "During the period ended June 30, 2023, EnviroMetal conducted amenability and recovery test work on client samples received from numerous clients and submitted proposals for initial or additional test work to clients”. My second favorite: "Management currently follows a policy of raising only enough capital to carry out its near-term plans. This policy is intended to minimize share dilution by raising capital when the stock price is at higher levels. Management is encouraged by improving equity markets for innovative and green mining technologies and anticipates seeking additional sources of funding prior to the end of the fiscal year."