Nathan Roys

$ABXX/ $ABXXF $BCBN #Chess

[Barrett’s Privateers (chess maxi 280 elo) @Bprivateers69]

From some boots on the ground that were there, im told JR absolutely crushed it. $ABXX was a standout. Ya love to hear it #29ers

[JoeRaia @JoeRaia5]

The Open Interest discussion is a complex one - and only one of many measures of a futures contract success. Example- not to pick on CME but look at their LCS or Lithium Carbonate Financially settled contract OI- on face it looks nice but how long has it been since those contracts traded?
Arguably the revenue associated with those position sitting on the Exchange books with zero activity - at 4.00 or 7.00/ side- would be better served by a more active contract - even at only a few hundred contracts a day.
Change my mind.
@abaxx_exchange @Smarter_Markets

[Watson @thewatsonview]

If you are still using JKM, or TTF, or HH as a price marker for physical LNG on water you are doing something wrong when Abaxx PHYSICALLY delivered contracts are already 40% of JKM volumes.

Soon you will just look silly using JKM when Abaxx LNG is bigger than JKM

[Carlo$ A. $ánchez @MillonariosAnon]

💯$ABXX

[Josh Crumb 🆔++ @JoshCrumb]

I don’t say this loud enough, often enough, but Abaxx 🆔++ #identity tech is important (critical for “tradfi RWAs”), 1-of-1.

(And the “tell me” period is almost over, then in 2H we get to the fun part of the Abaxx journey, the institutional go-to-market “show me” period).

Analysts still ascribe 👌 value to this 1of1 tech, fyi
#29ers $Abaxx #RWA #GoldWrappedInAbaxx

[Josh Crumb 🆔++ @JoshCrumb]

I’m about to get a lot of angry phone calls. Book at ~$200mm and after some major fund wall-cross fill or kills (that we had to cut anyway), allocating the rest (even with 20% upsize) was like trying to squeeze the hover damn though a firehose to quote the legend.
#29ers $ABXX.TO

[Josh Crumb 🆔++ @JoshCrumb]

First $_1mm exchange trading fee month at @abaxx_exchange (and May has less days than April, so strong MoM, QoQ, HoH growth continues). With more onboarding, more regions, longer trading hours, more products to come—we should keep hitting the high HoH growth metrics for many halves to come.

Huge operating leverage, low dilution growth, best segment (physical commodities), whitin the best sector (commodity derivatives), within the best business (exchange derivatives), within the most highly valued financial services (exchanges) in all of finance.
#29ers $ABXX.TO

[Watson @thewatsonview]

With all these records being broken recently it seems like another trader or traders have started using Abaxx more. More proof of continued onboarding it seems and industry acceptance that Abaxx has the Global LNG benchmarks, among others

[Jeffrey Currie 🆔++ @CommodMkt]

Confirming the demand for Abaxx’s financial-physical settled contracts in global gas which we have long argued will likely become the most important marginal molecule in the global energy complex over the next decade. This growth trajectory is set to continue as gas entrenches itself as the swing molecule.

[𝘚𝘶𝘱𝘦𝘳-𝘚𝘪𝘨𝘯𝘢𝘭 @qftnoise]

@JoeRaia5 @abaxx_exchange @Smarter_Markets Abaxx Exchange $ABXX 3rd day of Silver futures contract trading and it's a ripping!

🔹886,000 toz traded so far!
🔹886 x 1000 toz silver contracts by 20:45 Singapore (3h15 left)

[Josh Crumb 🆔++ @JoshCrumb]

Yes, record volume trading day for Abaxx #LNG markets yesterday at @abaxx_exchange

Eye on the prize (7 years in).

We believe that operating the LNG benchmark futures market is a $_2.5B-5B “winner takes most” liquidity asset (based on industry comps for other high-ADV commodities market benchmarks relative to the size of the physical underlying market).

Abaxx is the only commodity clearinghouse globally that operates a physical-futures market for LNG, which means the clearing members and CCP guarantee both the price-risk hedge AND the quantity-risk hedge buyer/seller of last resort. #CentralBankOfMolecules

Still early, but we believe the consensus on Abaxx becoming the benchmark LNG price, forward pricing that in to Abaxx, could be just ~18mo path from here (by ~2027YE). Much more to come over the coming months/quarter or so on derisking the use of Abaxx pricing, onboarding, data distribution, partnerships in Asia, and more.
#29ers $ABXX.TO

[Nathan Roys @NPleazy]

@DR_BEATS_KICK It’s not the government that’s putting solar panels on farms. It’s property owners who have the right to monetize their land however they choose. Why would you tell them not to go make money by generating electricity - which helps keep energy prices low for everyone?

[Josh Crumb 🆔++ @JoshCrumb]

When you think movie/content streaming, you think Netflix. When you see a tech stock chart, you think Nasdaq.

What is Abaxx building for? When you see a global commodity price chart, you think Abaxx. Get used to it, this is just a glimpse!
#29ers $ABXX

[JoeRaia @JoeRaia5]

@MillonariosAnon Almost 19 LNG cargoes priced on @abaxx_exchange today with #GOM pricing at $14.54 for July and July #NPA pricing at $18.22
#abaxx Market data can be viewed at https://t.co/y5CEWSEmZc

[BigV @abaxx29er]

Congratulations @abaxx_exchange on first silver block trades!

$ABXX $ABXXF @abaxx_tech @abaxx_spot @abaxx_labs

[Josh Crumb 🆔++ @JoshCrumb]

Both are partially right.

1) OI is low because you have to have physical market makers (who can make/take delivery) and financial market markers (spreads and volume). We have this in precious but it’s still just a handful. It drops off significantly end of month from both our expiry window, as well as Comex expiry windows where a lot of traders are arbing and trading against. In VCMCarbon we also have physical makers/takers (unlike a major competitor who literally wrote a contract spec where there was no available “physical” to their spec, nobody to make/take registry transfer). LNG and Lithium is close. When, not if on building OI and deliveries.

2) But volume does matter. Bank FCMs don’t even start onboarding until they can seen the liquidity and tight spreads needed for institutional flows. Thats about 20k per day from what we learned at Boca (which is when many flipped the green light end of March to submit clearing applications and/or find carry broker connections). And arb revenue against other markets, even if it slows end of month, is still rev.

3) Finacial futures startups (MiaEx ext) aren’t relevant here from a V/OI perspective due to #1. And we’re the first full stack physical clearinghouse perhaps ever (new contracts, new clearinghouse + FCMs/ISVs connect, new tech, all from scratch, takes time). And physical commodities liquidity is winner take all (see #1 again), financial futures and equities are replicable and all compete (even though best liquidity pools still take most). We aren’t listing copies of WTI to take market share, we’re ramping up our own products with no competition (other than carbon).

4) So the billion dollar question where these threads all started….What should be forward priced into the stock based on the risk/reward of above, runway/dilution, and where V/OI is at?

Should you go long or short on early volume/low OI versus market cap?

If you think we don’t have the clearing members and physical market makers onboarding and we don’t know what we’re doing, and we won’t through the low budget runway we’re operating on ($_30mm annual “burn” to wait on this “option” is literally nothing on our market cap & the backers we have, ~2% dilution per year). Remember, we already sunk all captial for a 1mm ADV exchange, dilution behind us, pre-built. And now look at how I’ve managed dilution for 6years WITHOUT revenue and ramp up, on-boarding momentum; you think now is where I’m going to dilute uncontrollably and lower the probability of a 1mm ADV NAV that I still own +10% of? If we hit it anytime in the next 7 years you’re going to make [many] multiples on your shares here (Lol, or the moron-take that I’m just going to pump & dump my future 4/5-figure stock into an index…Claire, ms. 4%. zero-DD).

(This is all the conservative take btw, competing on the incumbents web1 playing field, we’ll still go up multiples from here…but they can’t even play on the MarketOS Web3.5 playing field we are building, in that we are 1 of 1 and will be coming to take existing markets and liquidity as well).

Alright cool, so now let’s get back to addressing the morons shorting an illiquid call option now, with a month plus to cover liquidity, on shares that can’t be pried out of the cold dead hands of me, [major family offices and institutions] and people that have held for 4-5yrs because they understand the simple math we’ve set up. I guess some people don’t know how to do forward probabilities and share counts, can’t see the flood of institutions now wanting limited stock—for them they can go ahead and short the coin toss in a heavily skewed coin and cry FRAUD (lol, we literally have NYMEX people that have been building markets for 5 decades, Goldman partners that helped build Brent, ICE, former head of CME metals and energy, former head of product launching clearport, head of DME / Omani crude, co-head Goldman Asia…and and…all in on a pump and dump and not here to build markets hahahaha)

[Abaxx Technologies Inc. @abaxx_tech]

Abaxx is now trading on the Toronto Stock Exchange under the symbol $ABXX.

Thank you to our shareholders, partners, and team who have supported Abaxx since its first public listing in 2020. We look forward to welcoming new investors on the #TSX.

[Josh Crumb 🆔++ @JoshCrumb]

You are embarrassing yourself, Claire. You are a professional money manager (OPM fiduciary, I would assume) and intentionally misrepresenting the situation.

It takes less than 5 minute of ‘deep due diligence’ to realize that Mr. Duade is not a paid pumper, but an independent value investor who put in thousands of hours of work to earn his 10x in this position, four years of which went mostly sideways and I know was a hard long to hold without conviction. But you already know this, but chose to ad hominem attack a company and its shareholders, intellectually dishonest, for what end? To get bailed out of a position by other short cultists on X (that is “easy to get out of with 4% short”, lol, as if you don’t know the true metric that matters here).

How short are you? How many hours into your losing position?

Perhaps I can introduce you to some of our other value investor cultists (up 5-10x over a few years) at Canoe, Blackrock, Wellington, Friedland’s family office, [perhaps most important family office US capital markets], etc, and you can try to bully them as well.

And to answer a few of your other public mischaracterizations (when it appears you have a position on, so I’m looking forward to your full disclosures..I obviously own all of mine while the short cultists continue to play dirty):

- we don’t pay any “retail” platform stock promotion, zero.
- the growth “needed for the valuation” you said was 50x, our very public statements is that we are investing for ~70x from here (with sell side analysts saying about 20% of that was priced in)
-open interest is low relative to volume, we’ve said as much in conference calls and explain why, but it’s not a valuation hill to die on when our TAMs are 1mm ADV with no competition in those markets yet as they ramp up (volume and OI). If that doesn’t work out or keep getting derisked, sure values can fall., and would expect it.
-none of us owner-operators are looking to flip into an index, or ‘pump and dump’, or sell these shares in any other way anytime soon (see dilution chart and how hard I’ve worked to keep my 10% of this vision forever)

Again, as someone who seems pretty intelligent, and a fiduciary, I’m sure you already know all of this as well, but being too clever by half publicly on X. So just be honest and own your position (with OPM?), rather than bullying independent family office shareholders with their own skin in the game, earned their long gains with work put in, etc. Be professional and stop the X short and distort, it’s embarrassing.

[Keith McCullough @KeithMcCullough]

VIX remains in The Investable Bucket

[uncle baby billy @NotoriousBaggie]

In short order, $ABXXF @abaxx_exchange will likely have the most liquid futures contracts for:

LNG
non-us/china gold
non-us/china silver
non-china Lithium Carbonate
Carbon offset credits
(All physically settled)

The market cap is USD $1.5bn.

For now.