I think what investors are looking for in new start-up companies or companies that are in the resource extraction space for sustainable battery metal development is customer traction. You just don't get that in Canada the way you do internationally.
My customers are in South America because they're willing to pay for this technology. They're willing to pay for the scale-up and the development of the technology. Canada just doesn't seem to have that appetite. When our customers are all international, then our investors become international as well.
I'm finding that even EV manufacturers from outside of Canada are looking to secure the upstream supply chain by investing in the resource itself and in the extraction technologies themselves. It's in their best interest to secure that and be able to have some control over where the product is going.
BHP out of Australia and Temasek out of Singapore want to know where the lithium is coming from and where it's going in the world. It's in their best interest to invest early and invest upstream as much as possible to make sure they have some say in where the product ends up.