allan bezanson

Canadian Entrepreneur passion for family,friends philosophy,physics, the canadian energy markets, ESG, and A.I.

[allan bezanson @AllanBezanson]

@robert_ivanhoe @robert_ivanhoe one of the great molecules copper , as Jeff says paper can’t replace molecules .. which is why NVRO Metals has spent tens of millions perfecting the NVRO process.

[Robert Friedland @robert_ivanhoe]

Every data center, EV, robot, power grid and AI supercomputer begins in a mine.

The scale of the next industrial revolution will be determined by our access to critical minerals such as copper, scandium, nickel, platinum, palladium, gallium, germanium and over 25 other metals.

The promethean winners will be those who build the supply chain... those who wait the gods will destroy.

The statement made by the G7 on June 17 was clear. The age of taking the supply of critical minerals for granted is over.

Please read the full statement carefully and think about what motivated the G7 to make it:

https://t.co/lw0DO7MbDL

[Josh Crumb 🆔++ @JoshCrumb]

Human Capital >> Financial Capital.
Welcome, Co-Chairman Currie @CommodMkt
#29ers

[allan bezanson @AllanBezanson]

Joe is another Avenger ,, reminds me of Ironman

[JoeRaia @JoeRaia5]

Thanks to Dan Z and the @Trayport team for recognizing the new developing @abaxx_exchange LNG Futures - both USG FOB (GOM) and our NPA (successor to JKM) contract and why the market is now moving to a REAL price marker for waterborne LNG.
@abaxx_exchange @Smarter_Markets

[allan bezanson @AllanBezanson]

Well done , changing the velocity and security of margin an incredible feat @LeahWald @JoshCrumb will need to rename the $abxx team the #avengers keeping commodity markets fair for all .

[Leah Wald @LeahWald]

Big day! Watching Digital Title move from concept into a commercial framework with Alta is really exciting. The piece I’m most proud of is the structure itself: a Singapore VCC (a regulated open-ended fund vehicle, similar in concept to a mutual fund) with MMF shares designed to function as T+0 collateral at Abaxx Clearing (subject to regulatory approval), by utilizing full ID++ identity attribution to create a secure evidence trail, and with yield continuing to accrue throughout (as a vehicle sweetener for our clients).

Integrating our digital title tech into a traditional, regulated fund vehicle in an advanced capital market jurisdiction is the part that’s quietly novel, and a clear sign this can work within TradFi rails. Having spent years on the fund manager side, I have a clear view of what makes a good partner here, and Alta brings it. A meaningful milestone for Abaxx and for the technology behind digital title…. And now back to the grindstone!

[Leah Wald @LeahWald]

Big day! Watching Digital Title move from concept into a commercial framework with Alta is really exciting. The piece I’m most proud of is the structure itself: a Singapore VCC (a regulated open-ended fund vehicle, similar in concept to a mutual fund) with MMF shares designed to function as T+0 collateral at Abaxx Clearing (subject to regulatory approval), by utilizing full ID++ identity attribution to create a secure evidence trail, and with yield continuing to accrue throughout (as a vehicle sweetener for our clients).

Integrating our digital title tech into a traditional, regulated fund vehicle in an advanced capital market jurisdiction is the part that’s quietly novel, and a clear sign this can work within TradFi rails. Having spent years on the fund manager side, I have a clear view of what makes a good partner here, and Alta brings it. A meaningful milestone for Abaxx and for the technology behind digital title…. And now back to the grindstone!

[Abaxx Technologies Inc. @abaxx_tech]

Abaxx Signs MoU to Support Development of Cambodian National Futures Exchange

The agreement establishes a framework for cooperation on market infrastructure development, including the use of Abaxx’s MarketOS™ technology.

Read Release
https://t.co/k0CRSJnE7k

[Watson @thewatsonview]

@JeremyBieber

[Jeremy Bieber @JeremyBieber]

Your identity and your AI agent should be yours, not a double agent for a platform. Open source is the right way to build that trust.
Abaxx 🇨🇦 Agents++

[allan bezanson @AllanBezanson]

Protecting digital identity the key for increasing capital velocity and unlocking embedded financial assets to work across time zones and countries instantly , some asset manager will build a realtime margin allocator to keep multiple stream of margin exposure working optimally clearing minuses margins instantly $abxx @JoshCrumb #29ers

[Josh Crumb 🆔++ @JoshCrumb]

One small step for 🆔++, one giant leap for agent kind. 🌖

This is the start, a first library release (more to come) of what could be the biggest moon shot within @abaxx_tech. I founded Abaxx ~eight years ago with digital identity at the core, the long horizon Thing that every other Thing gets us to. Turns out our architectural vision for humans was even more important for agents (the ones acting for humans, with protecting your data with accountability, skin in the game).

Digital Identity — 🔑 to unlocking the next stage of AI (a16z)
Digital Identity — 🔑 to unlocking real time token finance (Blackrock)
Sovereign Identity — 🔑 to reversing the enshitification of the internet for the next generation (Abaxx)

Now let’s put these libraries on a Tilt-A-Whirl. #29ers Please Retweet far and wide!
#MayDay #WorldBuildersOrBust $ABXX

[Josh Crumb 🆔++ @JoshCrumb]

Abaxx Futures ✅
Abaxx Spot, In-vault (allocated) CLOB ✅
Real time, Private Digital Title repo with T-0 settlement ✅
World’s most important emerging [neutral] gold hub 🇸🇬 ✅

“#Gold cloaked with Abaxx and gold naked ain’t the same” - Zoltan Pozsar

#29ers $ABXX #NowWeScale

[allan bezanson @AllanBezanson]

IMHO this increases dramatically the TAM while reducing execution timing !! Well done team fully support the initiative !

[NVRO Metals | Formerly EnviroGold Global @EnvirogoldG]

Critical mineral supply chains are being reshaped.

EnviroGold is advancing a centralized processing hub strategy to support faster project execution from existing resources.

https://t.co/YvWpQXoNbU

#CriticalMinerals #Mining #CleanTech #TSXV #NVRO

[allan bezanson @AllanBezanson]

Enjoy your posts @RazorOil financed a lot of the failed juniors in a far ago life. Now that the technology and understanding of geology has progressed (avoid IHS) I wonder what our true reserves (if delineated) would be ? Any thoughts ?

[Razor Oil @RazorOil]

Good morning to all friends that love Canadian innovation and realize that 80% of the 🇨🇦 oil sands are buried too deep for open pit mining and can only be accessed through in-situ methods such as Steam Assisted Gravity Drainage (SAGD). Only now…looking back, I realize I was part of something so important optimizing these extraction technologies, current production >1.7 million bbl/d 🇨🇦🫡🪒

[James E. Thorne @DrJStrategy]

Food for thought.

Trump, Hormuz and the End of the Free Ride

For half a century, Western strategists have known that the Strait of Hormuz is the acute point where energy, sea power and political will intersect. That knowledge is not in dispute. What is new in this war with Iran is that the United States, under Donald Trump, has chosen not to rush to “solve” the problem. In Hegelian terms, he is refusing an easy synthesis in order to force the underlying contradiction to the surface.

The old thesis was simple: the US guarantees open sea lanes in the Gulf, and everyone else structures their economies and politics around that free insurance. Europe and the UK embraced ambitious green policies, ran down hard‑power capabilities and lectured Washington on multilateral virtue, secure in the assumption that American carriers would always appear off Hormuz. The political class behaved as if the American security guarantee were a law of nature, not a contingent choice. Their conduct today is closer to Chamberlain than Churchill: temporising, issuing statements, hoping the storm will pass without a fundamental reordering of their responsibilities.

Trump’s antithesis is to withhold the automatic guarantee at the moment of maximum stress. Militarily, the US can break Iran’s residual ability to contest the Strait; that is not the binding constraint. The point is to delay that act. By allowing a closure or semi‑closure to bite, Trump ensures that the immediate pain is concentrated in exactly the jurisdictions that have most conspicuously free‑ridden on US power: the EU and the UK. Their industries, consumers and energy‑transition assumptions are exposed.

In that context, his reported blunt message to European and British leaders, you need the oil out of the Strait more than we do; why don’t you go and take it? Is not a throwaway line. It is the verbalisation of the antithesis. It openly reverses the traditional presumption that America will carry the burden while its allies emote from the sidelines.

In this dialectic, the prize is not simply the reopening of a chokepoint. The prize is a reordered system in which the United States effectively arbitrages and controls the global flow of oil. A world in which US‑aligned production in the Americas plus a discretionary capability to secure,or not secure, Hormuz places Washington at the centre of the hydrocarbon chessboard. For that strategic end, a rapid restoration of the old status quo would be counterproductive.

A quick, surgical “fix” of Hormuz would short‑circuit the dialectic. If Trump rapidly crushed Iran’s remaining coastal capabilities, swept the mines and escorted tankers back through the Strait, Europe and the UK would heave a sigh of relief and return to business as usual: underfunded militaries, maximalist green posturing and performative disdain for US power, all underwritten by that same power. The contradiction between their dependence and their posture would remain latent.

By declining to supply the synthesis on demand, and by explicitly telling London and Brussels to “go and take it” themselves, Trump forces a reckoning. European and British leaders must confront the fact that their energy systems, their industrial bases and their geopolitical sermons all rest on an American hard‑power foundation they neither finance nor politically respect. The longer the contradiction is allowed to unfold, the stronger the eventual synthesis can be: a new order in which access to secure flows, Hormuz, Venezuela and beyond, is explicitly conditional on real contributions, not assumed as a right.

In that sense, the delay in “taking” the Strait, and the challenge issued to US allies to do it themselves, is not indecision. It is the negative moment Hegel insisted was necessary for history to move. Only by withholding the old guarantee, and by saying so out loud to those who depended on it, can Trump hope to end the free ride.

[Ali Al-Salim @alialsalim]

The oil shock has yet to arrive in the west.

Blue line = Global Oil in Transit (left axis, Drops from 1.7B barrels to 1.4): This tracks the total volume of crude physically sailing on tankers globally.
It rose steadily through 2025, then in March 2026, there is a cliff-edge collapse of roughly ~300 mb, as empty tankers cannot be reloaded.

Red line = OECD Europe + Americas Commercial Crude (right axis, 0.95B barrels): This tracks commercial crude inventories held by Western buyers. Despite the tanker collapse, this line has barely moved — when it finally does, the physical shock will have arrived.

[allan bezanson @AllanBezanson]

This thread demonstrates why we need a different exchange like $abxx with different plumbing and no way to be forced financial settlement with mobility of margin at T+0 @JosephTMetcalf @JoshCrumb @James_Duade @Bprivateers69

[Pierre Andurand 🇺🇦🇫🇷🇪🇺🕊️ @AndurandPierre]

The oil market now reminds me of when prices were around $30 in March 2020. Plenty of people who never looked at oil were going long oil futures, not realising what could happen to the roll. A few weeks later prices traded negative, with a $50+ contango for WTI a day before expiry. They looked at oil futures like equity, not understanding the impact of futures roll. This time is similar, plenty of people shorting the oil market thinking the Strait of Hormuz will eventually reopen and things will go back to normal. Many are trying to call the top. Without realising they might have to roll their shorts at $30, $50, $70+ backwardation?

[allan bezanson @AllanBezanson]

Very well articulated, the money management industry does every thing to convince clients that returns are accretive like interest .. the truth is that they are episodic and chaotic , which is why sharpe ratios are so low . Making quality active management so valuable.

[Paul Enright @pmje73]

A few ways to think about long duration.
1) Biz creates value over time but non linearly and the stock therefore doesn’t compound linearly either.
2.) Biz creates a lot of value over a relatively short period of time and the stock captures that value creation non linearly.
3.) Biz creates value linearly and the stock more or less mirrors the value creation path.
4.) Biz creates value pretty linearly but stock over and under shoots too much relative to second derivative rates of change.
5.) Biz creates very little value but is sooo cheap it will eventually re rate higher.

IMO only one of these ideas (#3) should have pure duration where the market makes it easy for you to set and forget your position. All the other ones require you to actively add alpha in how you position when the biz value and stock deviate from one another. That’s what I mean when I use the word duration. You can have duration of your opinion without static duration of your position size.

[allan bezanson @AllanBezanson]

@watson @JoeRaia5 @JoshCrumb Adding the possible volume in contracts is the essence Cantor’s valuation call , on my view inherently conservative … the excitement emerges with the #techstack

[Watson @thewatsonview]

My latest article (20-30 min) on Minehub $MHUB and how their partnership with Abaxx $ABXX will unlock significant capital velocity with faster settling, lower margins, and reducing fraud by being a single source of truth across the supply chain.