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Is president and Ceo Michael Connor. Hello Michael. Ok, perfect. All right. Yes. So I'll be talking about Visa Silver today in our Panco Gold silver district, we plan on developing the world's next first class silver asset here in Sinaloa, Mexico. I will be making forward-looking statements. I certainly believe the best is yet to come for the company here and our vision is to achieve first silver by the second half of 2027. Visa's vision is to become the world's largest single asset, silver, primary producer through the exploration and development of our district in Mexico. We believe that leadership is the most important asset for the company here. It's going to help us unlock the value that's in the ground at Puo. I'm the founder of the company. I started the company back in 2017. I'm also the co-founder of inventor capital where we've raised about $800 million for, for companies in our portfolio. Our chairman is Craig Perry. You'd recognize him from SKEA, from nextgen, from Iso Energy. And Simon. Sm Melick is our chief operating officer. Simon is one of the world's great mine builders he has just retired from Oeno where he was the coo during his career at Oeno, he was involved in 40 mine builds, 40 plus mine builds. Prior to that, he's been involved in building some of the world's biggest mines. So Simon is integral to us driving this project forward. And the next steps for Deris and project number one, Jesus Beador, our vice president of exploration almost tailor made for this type of project and this exploration in this area, Jesus started out with Fresno Penoles and was opposite of Peter mccaw's group when they made the Juan Aipo discovery. So he is you know, very well versed in making these discoveries here. Now, he has many more under his belt with the work that we were doing at Visa. And of course, Eduardo Luna, one of our recent ads to the, the board of directors, Eduardo has an immense amount of experience with the San Dimas project, which is our, you know, our neighbor at 80 kilometers to the north. It's the best analog to what we have here. True billion ounce silver district, 11 of nine in Mexico and one of 14 in the world. And Eduardo is quite responsible for unlocking a huge amount of value out of the San Damas District. But it was also just a very well known and respected person in, in Mexico. So we have a tier one silver development project with tremendous growth potential. We're advancing project. Number one, we're on the fast track to production with feasibility plan for the second half of 2025 followed by a construction decision with first silver expected for second half of 2027. Now we're well funded this morning, we announced a bought deal financing. So we announced a $65 million bought deal financing this morning. I expect that we'll, we'll do the full over allotment there. So that'll bring our cash well over a million, $100 million Canadian. We have another $60 million in in the money warrants that we expect to come in in November. So you can tell that we're serious about driving this project forward. We stay well funded and that's to de risk our existing shareholders and to ensure that the company has ample cash to maximize value. Here. We are desking this project and we've just completed in infield conversion, drilling at 25 m centers and that'll result in an M and I resource update later this year. We also have a bulk sample test mine planned with optimized metallurgical testing underway. We have a very large resource package here. We've actually tripled the resource, the land package this year and we believe it's going to create a multigenerational pipeline of assets along our frontier, Silver Belt. We've explored such a small portion of this district and we have a serious exploration plan for this year with district wide airborne em meg radio metrics as well as 10,000 m of drilling planned for this year too in exploration and we focus on regenerative mining, which means that we invest locally. We put our community first and we're a leader in ESG and sustainability at the project here. Really, it comes down to our core values and, and one of our main core values is the golden rule which is to do unto others. So we know that we're guests in this part of Mexico and we act like that. So this project is a project that I I spent a year in Sinaloa piecing together two parts of this project for the very first time in modern, in modern history. The result is that we have a district scale project that is now 100% owned. It's in very high grade and large scale district. And we're the only group that's ever had the ability to systematically explore this district in modern history. And as a result, we've made some marvelous discoveries here. And again, we've tripled the land package since January, we now added another 10,000 m to the south and another 17,000 m to the north in between us and, and San Damas. But I'll talk about that a little bit later. The project sits in a an under explored area of this Western Mexico Silver Belt,, very close to our neighbor San Tomas and the thing that sets this project apart,, and what Eduardo Luna said when he came down to the project first is that this is like a sidewalk San Tomas. This is a project that exists just on the side of the, the road here. And there's two highways that run through our property. Those highways run directly over the veins that we're planning on mining and the pe a there's high tension power directly overhead when you stand in the mill site. It's an hour from Mazatlan. It's an hour from the port of Mazatlan. It's very close to, to, to the airport. It's one of the most accessible and certainly the best infrastructure projects that any of us in our team have seen in our careers. A good way to explain that is that we've drilled about 400,000 m of diamond drilling and we've never had to build a road ourselves. So it's all been using existing infrastructure and these discoveries and the drilling that we've done has resulted in the world's largest undeveloped, high grade silver primary resource. And we're advancing that to production again with the test mine plan for later this year and first silver plan in the second half of 2027. And the last point there is even more true. We, we now will have over $100 million in the bank to, to drive this forward. this project has industry leading mind economics. You can see in the first two years, our post cash free cash flow is well north of $200 million us, we've prioritized early cash flow, we prioritized high margin material. We believe that mining is a business and businesses should make money. It's not about ounce count. It's not about, you know, how many ounces can we produce at various things like this? It's all about making money. And you can see here we have these industry leading economics, $1.1 billion M PV, an 86% irr at, at our our announcement prices here a nine month payback period and an M PV to Capex ratio of 5.1 times. If you look at our base case on on the table in the bottom, right? You'll see that we used $26 as base case silver 1975 for gold. If you look at spot prices today, you know, we're talking about a triple digit irr, but more important than upside. And you know, spot prices is downsize and, and we believe, I think the the break even price would basically be less than $14 an ounce silver. So this thing is, is largely insensitive to, to negative fluctuations in the price of, of silver. Another way to look at this is, you know, how much do you have to invest to how, what do you get out of it? And that's what this M PV to Capex ratio bubble shows here. Absolutely. You want to be in the top left here on the, on these, in these quadrants on this chart and that's exactly where we are here. We, we really stand out above other excellent projects like LAS Gas. And you can look at companies like Cordero that have you know, a huge M PV, but also a meaningful Capex. But you know, certainly we want to be on the top left of this chart here, low cost, high, low cost and high yield. So we refer to the pe area as project number one. It's based on a large high grade resource and it has conventional mining, conventional processing long hill and drift and fill mining methods. 3300 tons per day, initial Capex of $224 million. And oftentimes people will say, well, how, how's that possible? That seems so cheap? Well, I talked about the infrastructure but also comes down to philosophy and our philosophy isn't to, you know, spend money on expensive offices or superfluous things like that that, that we don't need. This is really a non nos sense operation here, focus on high return on investment. But there's also, you know, the third thing that helps us and, and one is that we're about 100 m subsurface, you know, from the beginning of Copal, which is extremely high grade. So the initial development to get down to to copal is only about 600 m there. So it's, it's really not too bad. Initial mine life is just under 11 years and, Asic is $9.40. It's a little bit lower in,, in the first two years at about $7.20. So this is a good spatial layout of the the project here. You can see Cella to the east in between that is Taito. Then we have Napoleon and La Luisa going west. You can see the yellow lines there represent the high tension power, high voltage power tailing storage further to the east. the roads running through the property giving us excellent access here. The the copal portal is is very close to the the mill site location just on the west side of Coppola in Kopala. You can see here the the the purple is over 600 g per ton. Silver equivalent. Copal is exceptionally high grade. We get into that very early. The plan is to start the the test mine very early and then have the ability to pull about at least a year's worth of material above ground prior to starting up the mill. The plan that we have currently here has us becoming a top five silver producer with the bottom quartile Asic. This is really important to highlight here, you know, very few companies have the opportunity to build something in the silver space of this size, over 20 million ounces. Most of those are owned by Fres NIO. And we have one now that is a bottom quartile Asic as we move through the project and, and into production life of mine, we're closer to 15, well, 15.2 million ounces at slightly higher. Asic there still sub $10. And we, with the joint that we've done at Cop Pala, I'll just jump ahead here, the joint that we've done at Copal. We, we, we likely have expanded that resource to potentially have 20 million ounces over a longer period. Some of the drilling that we've done on the infill has just been exceptional. like coal 356 where we drilled 4.2 m at 8.8 kg in gold equivalent terms that's like three ounces of, of gold. So our key potential catalyst over the next 12 months is to undertake the, the bulk sample test mine. We're fully permitted for that. We were permitted in about three weeks after applying there to give you an idea of the permitting scheme there in Sinaloa. It's it's quite good and we've been able to to permit this. And we, we'd like to use this to access the first two years of high grade production. likely this will be the, you know, this will be the the the the the permanent portal to to copal. ideally, we are permitted and we're able to keep producing from here ahead of and into the construction of the, of the mill. We'll continue to optimize metallurgy. It's an iterative process and you know, we're doing confirmation of flow sheet with master composites, metallurgical response on, on, on various composites. And we're looking at vendor and design specific testing to support engineering process units. We'll be updating the MRE. So we're planning Q four of this year with an upgraded measured and indicated resource to support the feasibility and engineering. And of course, that feasibility study will be likely at some point in, in middle of next year. But we'll say second half of, of 2025. And then again, we're, we're in this district currently exploring looking for for new discoveries. So we have a dual, dual track strategic plan here. Our objectives that we've completed so far. The pe a community engagement, we have all five EIDOS covered by long term agreements. All under the same terms. We, we run health fairs. We really focus on community engagement, government engagement locally there. We do convert, we've completed our conversion drilling, but what's left to do is to continue the the permitting process submit our mia later this year resource update later this year, test mine later this year, feasibility studies. Second half of next year with first silver in second half of 2027. At the same time as we're desking and delivering project one, we're looking for project number two, project number three, et cetera across this district. And again, we're the first group that's ever consolidated this district. We're the first group to explore this district in any meaningful way. So we have ongoing discovery drilling, multi spectral satellite and imagery and terra spec we've tripled our LM package. So we call that a creative property acquisitions ongoing mapping and sampling district wide em meg studies. And then we implement the data that we have. But really what we're looking for here is to, to go out to the rest of the district and make new discoveries. We have two distinct areas that we refer to. One is kind of the resource expansion or the near mine expansion potential there which is in the the western circle, that's our kind of circle of influence there. Center of mass. You know, we've made blind discoveries there. We actually made the blind discovery of Coppola drilling into another vein called Taito. So the potential for new discoveries within that two kommer radius of, of the pe a area I think is exceptional and we're going to continue to explore there. But as we go, you know, we're looking further out here into the, into the east in the southeast corner there, we have Camellia San Damas. That's an area of very high interest. It's another low angle vein that looks very similar to Kopala has very high grades and at surface and surface sampling and outcrops. So, you know, we're, we're looking to explore that that's an area that's seen very little artisanal mining historically, but there is some evidence of that. And historically, we've been using historic workings to vector into new mineralization. So we've expanded when, you know, there's been a negative sentiment for mining due to various announcements from the Amlo administration, you know, we've taken a long term view here. We believe that we're going to be permanent, very straightforward with with our underground mine here. We, you know, we're, we're very diligent with water. We have community support and we have a unique advantage we think in, in Sinaloa. So we've been expanding our resource, our, our, our, our, our properties to the north here with a 17,000 hectare project called Laga. That's very similar, has 22 Kloer Vanes very similar to Napoleon that run north-south. And these vanes have never been drilled. As a matter of fact, there's, there's never been a, a diamond drill rig on this property and we're the first public company to ever acquire it from private hands as we've done here. And our team is very excited about that. It shows evidence of these flat line structures like Coppola and of course evidence of veins like Napoleon. So, you know, in due time, we will go to Laga and explore this. but we've also added San Enrique another 10,000 hectares to the south of the property. We will continue to consolidate the areas around the property here. We, we, we, we believe we're in the world's best place for, for new high grade silver discoveries. And you know, we're putting our, our money where our mouth is, although these were done at a very reasonable price, all in total, well, under $7 million us, at the same time, we have spun out a royalty on, successfully, spun out a royalty on our main property, the original Perco concessions, effectively, it's a 2% NSR on the property. If you include the buyback rate that we inherited from our acquisitions from Silverstone, We have the right to exercise that buyback for $2 million us. And we also have a rover on any royalty on new new acquisitions made by Visa within a an area of influence in the next 24 months. So we've listed this project. this, this, this company, I should say Visa Silver, we own 41% of Visa royalty. So it's a way for us to offset further Capex expenses and, and lower the amount of money that we need to do, lower the amount of dilution that we need to take going into into construction there. The day that we announced this was spun out, the share price moved up for Visa Silver. And then afterwards, you know, we created about 50 $60 million of market cap value for our shareholders, basically 75% plus return in the 1st 12 days of trading. So this worked out very well for our shareholders. As a side note, we do this because we are shareholders and I was buying stock last Friday there. So it was coo Simon. So, you know, we, we obviously are very aligned with with shareholders now as we move forward here, you know, the, the rationale why we're driving this forward. First of all, we haven't seen a project this good. certainly in my career, but you know, Craig's and Simons and the rest of our team, you know, we're convinced that this is going to be the next world-class Silver District here. So, you know, we're behooved to to drive this forward, but the math helps as well. So you see an average of 100 and 80% increase over the average developer P over the average developer PN A. When you look at producer PN A. So silvers companies in production tend to get very meaningful PN A multiples and premiums. The silver premium is real. And for us, we believe we can get there with a minimum amount of further equity dilution. Again, having raised $65 million this morning, taking a serious bite out of the capital expenditure that we need moving into construction. So, you know, we're well on our path here, we have a number of meaningful catalysts moving forward as we as we drive towards this production. And we think that you know, these are three great reasons to own Visa Silver here again, that fast track to production. the immense exploration upside that we see across this land package, the fact that we're growing our land package as well. We've explored such a few amount of the targets that we see in this district and the timing I think is excellent as well. You know, we see the silver space being still undervalued. We think the timing is excellent. We have strong leverage to rising metal prices, looks like silver is wanting to continue its upward trend here. It looks like an excellent time for silver. We see that silver premium on RP NAV now, but we still think we're materially discounted to producers and I think we probably have the most amount of catalysts in the silver space right now moving forward for the next 12 months. So that's Visa Silver and I think I have a bit of time for some questions here. Yeah, we'd be happy to take some questions if you have any, please raise your hand. I'm, I'm happy to provide AAA couple. So one, it sounds like you've thought a lot about the new mining code in in Mexico, in that process, at least from a regulatory point of view. Is there any risk of timing delay as a result of that?, you know, I think we've, there's always risk in any jurisdiction with,, with timing delay with permits. I think that's, probably the one thing that ties all jurisdictions together. It's very difficult to,, to, to move through government,, organizations. But, you know, we're, we're well prepared for that. We've built that into our model. So we're, we're, we're, you know, gonna be ok if there are delays. And,, we've kind of, you know, we've planned for the worst and hope for the best and also silver companies like visa are rare. Are you and your measurement team open to M and A?, you know, I think right now we're, we're head down on delivering on these next 12 months of, of catalysts. And of course, the reason for that is, you know, we, we are undervalued on a peanut basis if we complete all of those things. So it's, it's important, you know, we're well funded for all those catalysts. We have a lot of value to create before we kind of entertain any meaningful discussions on that. But of course, we're, you know, we're aware that these are the, the rarest of silver projects. Thank you very much, Michael. Thank you. Thank you.