I don't always catch all the messages here, so I'm wondering if someone - probably Valuepro - could do a short summary on the two prospects LBSR is looking at to get things moving.

1. The $25M we are expecting - what LBSR gave up (sold?) for that and what that money might mainly be used for.

2. The JV(s) with prospects from meetings in Manila (and the ME?) - what LBSR's contribution to the JV will be, what we are looking for the other party to contribute (if other than or more than money), how quickly agreements like this are finalized once an agreement has been reached, and the initial expenditures that would be made.

Thanks!