Nobody else in the industry can do that. You can’t put a hydromet facility next to a battery manufacturing plant in a matter of 6 months. It would take you years and they don’t want it next. They wouldn’t want a hydromet facility next to their battery manufacturing plant. We can do that. So those are the conversations we are having but even our €“ to some of our couple of our Board members have been over in Australia talking to other lithium producers over there about our technology displacing their current processing capacity, because it’s lower cost. So we are not just focused on the United States market by any means. We believe that if we can replace all of an extraction throughout the world, and position our technology as the solution for that’s our focus today.
And I would say from €“ you will look at our team, you’ll get Bob’s experience, I think we’re going to be successful at that.
Heiko Ihle: That’s helpful. Thank you, all.
Mark Jensen: Thank you.
Operator: Our next question is from the line of Mike Niehuser with ROTH Capital Partners. Please proceed with your questions.
Mike Niehuser: Hi, thanks for taking my call or taking my questions that is. Very helpful answer on the last €“ in the last analyst. So if I can understand what you said earlier in your narrative, the fourth quarter, there is investment and the expansion facilities, and that was related to the processing, I’m assuming and the reason for stockpiling the $6 million worth of ore, is that is somehow related. And we’re transitioning out of that phase with at the end of the first quarter with increased processing capacity. Is that close?
Mark Jensen: Yes. I mean, that €“ and I mean that’s just €“ that did trick one of the first quarter as well. We needed I mean, our customers still running their plant, but it just wasn’t running efficiently, which slowed up some of our production internally as well. So stockpiling the ore, slowing the production, because we didn’t have our own processing capacity up and up and running. And then I mean, during the Christmas holidays, we also expanded, we were started the development of expanding the Carnegie 2 mine, which, during that period of time is relatively slow. Now, I will say today, where we said, the mines, all three sections are operating, plants operating, and they’re hitting production levels, which will be commensurate with that, that 28,000 to 30,000 tons a month, which we think we can expand upon, which would put us at a very profitable state as a business going forward.
Now, we are also expanding currently our customer base as well. Just diversifying a little bit with that additional production coming online and we think we will be able to €“ we’re in conversations with, the good thing is you are seeing a lot of blast furnaces open up right now. So there is quite a bit of demand right now and with the logistics, which are relatively tight right now, we are starting to see that open up.
Mike Niehuser: But still all met coal, correct?
Mark Jensen: Yes, everything, yes. Everything is met coal. I mean, that’s really where our businesses focusing on those the Carnegie mines right now, just because they’re, that’s what generates cash flow for the business. That’s what I’ll put cash in the bottom line going forward and focusing on the high margin McCoy versus exploring lower margin products.
Mike Niehuser: And you mentioned the Dean was starting production. Can you give us some idea of the scale of that through the fourth or first quarters?
