41 I think the other one that always gets underestimated is Xavantina. You go back to '21 when we made that investment and people looked at us and said, what are you doing? It's only got a five-year mine life. And I'd like to say the mine life when we made the investment ended in 2026. The technical report they put out at the end of last year, the first year was 2026 and the last year was 2032, and we just see the potential for that. So, that to me, I don't know if anybody else wants to chime in on our estimated assets in the portfolio. Alistair Baker: Yes. I'll say one more. It goes back to -- I mean you mentioned Fourmile at Cortez, but I think the rest of Cortez is not that well understood within our portfolio, which is one of the reasons why we spent so much time on it today. We have -- Cortez is a complex. I mean there are multiple operating assets there. There's a lot of exploration potential. There's a lot of future potential there. I just don't -- I still don't think the market really has a good understanding of what Cortez could be and what our exposure is. We've got a lot of material that we've put out, talking about the different royalties that cover certain areas. But unfortunately, Barrick doesn't break down Cortez into the bits and pieces that really provide the operating back up to be able to understand where the ounces are coming from. I think that's still something that we struggle with is we get a lot of questions, not just from investors but from analysts who follow Barrick and Royal Gold – “How should I think about this? How should I model it better to be able to capture this value?” William Heissenbuttel: Sure. It sounds like overall feedback is long activity and growth, though. I mean that seems to be the reasoning theme from everything that was just answered. Heiko Ihle: I've asked somewhat similar questions to other companies and other settings before, and I just can't help myself through it again today. You're 53% exposed to North America. Taking out today's market action, the world has gotten substantially more geopolitically unsafe over the last few quarters. What has that done to your investment thesis. Again, we got the whole team sitting here. So, your investment to your [inaudible] related to assignable discount rates model geopolitical risk factors and also for willingness of where you're looking to deploy capital? William Heissenbuttel: Yes. Look, if we could do every transaction in the U.S., Canada and Australia, I'd love to. We have to go where the opportunities are -- and I don't think anything has really changed the thesis, because when we think about political risk, I mean you look at -- we just got our money back at Pueblo Viejo, Andacollo in the last year, that was 10 years.

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