Quant

Finding Systematic Edges In Markets.

Posts are Ideas & opinions only. Not investment advice.

[Quant @ExperimentalPar]

https://t.co/8aR0JQKhqc

[Quant @ExperimentalPar]

@AnthropicAI @SeanRMcClain @abscibio

[The Metals Company @themetalsco]

The nodule collection industry builds on more than 50 years of innovation in other offshore industries, drawing on proven technologies and processes widely used today. Among them are riser systems like the one we will use, which have transported materials vertically over several kilometres for decades. $TMC #deepseamining

[Quant @ExperimentalPar]

@KobeissiLetter Ok… This is too far.

[Quant @ExperimentalPar]

@cekdrew Wish that he mentioned $TMC instead 😔

[Quant @ExperimentalPar]

@EhrmantrautCap_ A few hours before Futes opened… It’s almost like he wants market pain. Also if he wants a republican sweep, wouldn’t he want to prop up the market?

[Quant @ExperimentalPar]

@jbm_1992 Earnings are in a few days, be careful as the drop can Thanos your position.

[Quant @ExperimentalPar]

I don’t know if they mentioned Absci explicitly. What I meant $ABSI gained from the hype of Citrini highlighting the AI drug discovery sector as being the next mania sector(ABSCIs business model with $AMD backing). I didn’t read the paywalled version of Citrinis report which mentioned the stocks.

Anyway, it’s currently very high risk, very high reward with their interim trail data for hairloss expected to be out in December. It’ll either make or break ABSCI.

[Quant @ExperimentalPar]

@notthreadguy At $ABSI current price, is it the play to to rule them all? Generative AI antibody design, its own wet lab, assets already in the clinic. Isn't your scorpion experiment basically their entire business model at scale?

[Quant @ExperimentalPar]

@eva_roytburg @citrini So is $ABSI the one to rule them all? Generative AI antibody design, its own wet lab, assets already in the clinic. Isn't your scorpion experiment basically their entire business model at scale?

[Quant @ExperimentalPar]

@citrini @AnthropicAI So, $ABSI is the play?

[Quant @ExperimentalPar]

So this is an AD for liquid trying to engagement farm on fear mongering?

[Kevin Xu @kevinxu]

kinda insane you can trade breaking news on a saturday now.

might have to give this thing a try

[Quant @ExperimentalPar]

@alexbhturnbull He’s obviously short. The ole Michael Burry doom and gloom playbook…

[gerard barron @gtbgtb]

This is how we gently collect these remarkable rocks

[gerard barron @gtbgtb]

Many $TMC investors have questions about USG funding for the Brownsville plant, the USA-A certification and the USA-B lawsuit.

Some speculate if these issues can explain the falling stock price. I personally believe the decline is not based on anything fundamental, and we have seen periods like this over the years where negativity can feed on itself. While I don't have tangible news to share just yet, I can offer some color on why I remain very confident.

USG funding for the Brownsville plant: TMC USA, together with our partner Mariana Minerals, are committed to building a domestic nodule processing and refining facility in the United States, but with one caveat. It has to be in the best interests of our shareholders. The PFS/FS studies for staged construction are well under way, with a talented and motivated team working hard on the Brownsville project. But at the end of the day, the capital requirement is substantial and USG support is a prerequisite. Engagements with multiple U.S. agencies continue. The process is taking longer than we expected, but we aren't the only priority for these Government agencies, and it's evident that these agencies remain fully committed to resolving America's critical minerals shortages, and seafloor nodules remain a vital part of that solution. As CEO (and a substantial shareholder), my number one fiduciary duty is to the shareholders, and it is my job to minimize dilution as we build what could become a new American mining major. Access to capital matters, but so do deal terms. While these USG engagements are in progress, we do not intend to pursue other capital markets transactions. Our cash position remains robust.

Japan remains open to us: As I made clear at our last earnings call, the capital-light option of sending nodules to Japan for processing on a tolling basis remains available to us. Our working relationship with PAMCO remains excellent, and this option provides us with maximum flexibility as we work towards first production.

USA-A certification: Many of you expected certification in June based on the 100-day certification process envisioned in the DSHMRA statute. What we need to appreciate is that our consolidated application is the first of its kind under the new rules just adopted by NOAA in January this year. Getting the details right matters, even when it takes time. We remain in regular communication with NOAA and remain very optimistic about continued progress toward certification.

USA-B litigation: Most mining permits in the United States are challenged by environmental NGOs; that's simply part of doing business here. We anticipated legal challenges and are prepared. In our view, the lawsuit against NOAA mischaracterizes the process. NOAA has not “greenlit” exploration—it certified our application to advance to further review. The process was thorough. Public comment has taken place, and environmental review is underway. A complaint is not a court ruling, and this case does not impact the USA-A application.

Your voice matters, too. Public comments on the USA-A consolidated application are open through October 19, with a virtual hearing today. I encourage you to read the materials and participate via the link in the comments.

My confidence remains strong. I’m invested alongside you—and focused on disciplined funding and delivering a critical minerals project at scale.

#deepseamining

[The Metals Company @themetalsco]

TMC Announces Appointment of Liam Mallon, Former President of ExxonMobil Upstream, to its Board of Directors.

Read the press release: https://t.co/geWrosEHTz #deepseamining

[gerard barron @gtbgtb]

Thanks to the @NYTimes for inviting me to speak at Climate Forward yesterday.

I’ve always believed we need to hold our beliefs lightly and remain open to new evidence as it emerges.

The evidence increasingly supports polymetallic nodules as the best way to meet growing demand for the critical metals that power our energy, technology and industrial systems.

The future is metallic.

https://t.co/UUAANftORt $TMC

[Figgy1m @figgy1million]

$TMC 3 Clips from the Water Tower Research interview with Craig Shesky, CFO @themetalsco

[Figgy1m @figgy1million]

$TMC Geard Barron New York Times interview
https://t.co/HGFUysnKLz

[The New Money App @TheNewMoney_app]

$TMC saw 75% more options volume today than normal, trading a total of 39,743 contracts of which 97% were calls.