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00:00I mean, Ukraine saying it's ready to sign that minerals deal, I mean, is your understanding
00:06that the deal does provide security guarantees for Ukraine?
00:11I think it implies that, Tom.
00:13I don't think they're going to put it in writing.
00:15And I think that was a bit of the dispute on Friday when Zelensky tried to sort of renegotiate
00:21or re-litigate the agreement in front of the media.
00:24And I think that would be a mistake.
00:27But I do think that there's implications in there.
00:30I mean, this gives the US a real stake in Ukraine.
00:34And it's a partnership, too.
00:35It's not like the US is going in and stealing all their resources.
00:39You know, it's a 50-50 partnership.
00:41You'll have significant capital, American capital, coming into Ukraine.
00:46And also, you know, the output ultimately, which will take a long time because it's minerals,
00:52but the output will be a 50-50 joint venture to reinvest into Ukraine.
00:57So I think it's a win-win for both countries.