4th quarter resultsNormally, as you await a quarterly report you don't know production numbers so you must speculate about a possible big shortfall in production. This quarter we know that production was 78M pounds and we know that Trevali had 16M extra pounds of zinc that were produced in quarter 3 and sold in quarter 4. That means that TV had 94M pounds of zinc available for sale in quarter 4. We don't know yet whether any of that 94M pounds was held back at the port as of December 31. We also know that TV sold it's zinc duiring quarter 4 for an average of $1.43$1.53 minus .10 hedging loss). minus about .25 for treatment charges. The average net realized price was about $1.18. When you add in byproduct credits this would result in revenue of $120M for quarter 4. I project that this would result in a pre tax profit of about $30M. If another 16M pounds of zinc was left at the port on December 31 then the profit would likely be $20M. My forecast is that pre tax profit will be between $20M-$30M for quarter 4 based on what we already know. Another fact we know is that TV reduced it's debt by $30M in 2021. They likely ended the year with the bank loan balance at $89M. I am expecting that another loan payment will be made during February This was accomplished with zinc averaging $1.37 during 2021 and 110M pounds of production being hedged at $1.24. Zinc is now at $1.65, .28 higher than last year, and 74M pounds are hedged for 2022. As of now, Trevali remains on track to generate $20M in profits per quarter during 2022.