Liverpool FC in Champions League victory parade

The transcript involves a brief discussion about locating an item and confirming its presence.

What do you think is meant by 'That's where I find it or not.'?

In what situations might someone say 'That's where I find it or not.'?

What significance does the phrase 'There it is.' hold in the context?

What emotions or reactions could be associated with the statement 'There it is.'?

How does the question 'Right?' contribute to the overall meaning?