Investment thesis for PWM! If PWM was a typical precious metal explorer I would not be as confident but because they are a lithium explorer and they have already successfully discovered high grade lithium I cannot imagine they will not find more. They have a trio of very knowledgeable investors who are betting millions that further discoveries will be made. I have stated before I do believe that Winsome and Waratah have already done an estimate of resource size and know if worse comes to worse they will release that MRE and take it into production. When I saw Waratah make the decision to invest I posted watch for a royalty deal two months before it actually happened and this not only supported my belief a resource existed but also that Winsomes intention was production. One must ask a simple question. Did Lithium Royalties gamble $1,500,000 on a 2% royalty for an undefined yet to be proven resource? Did Lithium Royalties during their two months of DD weigh the chances of a production decision without a back of the envelope MRE? My guess is absolutely not! Remember Lithium Royalties is all in, no share ownership and the only way they get a return is if Case Lake is put into production. The boots on the ground work to date have uncovered more exposed pegmatites and spodumene outside of the Main and West Joe and the fact that this program is moving into its sixth week tells me there will be more discoveries released before drilling begins. It was also interesting to note that the lidar images of new pegmatites and spodumene exposed on surface mirrored the images of known drill proven lithium resources which just adds to the likelihood that more lithium will be discovered. Dr. Julie stated that she had explored 90% of the pegmatite occurrences in Ontario and that Case Lake had the best chances of hosting an economic lithium resource and mine. I am really anxious to hear from Mr. Biens who has now spent 6 weeks exploring Case Lake. Don't forget that only 5% of Case Lake has had any exploration work completed! Time will certainly tell!