Turner Caldwell

We're at 220 people now across the company.

We have two projects.

One is a lithium refinery in East Texas that's extracting lithium from oil and gas wastewater, and the other is kind of first large-scale commercial mine.

Do they exist?

Sensors, I'm sure.

We have a Boston Dynamics spot that is basically a mobile sensing system instead of the canary in the coal mine.

And we use them mostly for like...

undercarriage inspection so like you want to keep humans away from like heavy haul machinery the closer they get to it obviously the more hazards that are present um but also like the chemical refineries ideally humans aren't walking through chemical plants all the time kind of doing thermal inspections uh there's a lot of stuff that's like auditory so you're like listening for sounds of the motors sounding weird um

Yeah, exactly.

And then that all, that all needs to feed back into, uh, into like, again, the integrated kind of like, uh, sensing, uh, integrated like data frame that tells you like how, what's the healthier systems.

Yeah, that's right.

But I don't think...

So the reason you want to be diversified is because like all these metals are cyclical and you can't really like live and die by a single commodity price.

And so the plan was always to diversify and the plan is to continue to diversify into nickel and cobalt and uranium and graphite and rare earths.

And, you know, as we as we kind of work to build 10 projects in the next 10 years.

But, you know, we started working on this project kind of like well before copper had its like little explosion and run that it's on.

because you don't really want to jump into projects in the middle of the hype.

Like that's when you're going to pay the most for an asset.

That's when you're going to like the labor pool is most constrained, is like most in demand.

The equipment suppliers that make the equipment that is specific for a specific metal are going to have longer lead times and, and, and have higher pricing.