A.V

⏰ Veni, vidi, vici

[cek @cekdrew]

This $UURAF news is a pretty big deal.

Sumitomo isn’t some speculative junior miner… it’s one of Japan’s largest and most established conglomerates. They also partnered with $MP in 2023, so their involvement here is another sign that major industrial players are actively positioning themselves around non-China rare earth supply chains.

[A.V @braun14v]

https://t.co/QzVvUHxp7R

[Figgy1m @figgy1million]

$TMC Draw your own conclusions. @themetalsco will build a Refinery right next to @SpaceX $SPCX
Elon's lawyer, Alex Spiro is on the TMC board as well as Steve Juvertson, OG Tesla & Space X investor and Elon's friend.
NFA

[A.V @braun14v]

@CKCapitalxx @StockManOnX

[A.V @braun14v]

@hamptonism Such a larp- so you’re betting on a stock market capitulating whilst betting on high beta tech like Palantir and SpaceX- wtf is this account, genuinely

[Figgy1m @figgy1million]

$TMC Just posted a number of video clips on Stocktwits that will put the puzzle together.
You can see them here:
Check out Figgy1million on Stocktwits: https://t.co/7JmtVBbeCa

[A.V @braun14v]

@RJCcapital $Tmc discord is lit

[A.V @braun14v]

@seekingraels Checked out the company- they need credit lines asap or they’re going under. Needs to reservice debt and if that happens correctly then price discovery may explode. Shorts will be trapped and will have to cover asap.

[A.V @braun14v]

@BitcoinAIGuy $tmc

[A.V @braun14v]

@CaesarCapitalz Inspite of run up? What’s the thesis bro and PT?

[A.V @braun14v]

@figgy1million Market is asleep on the wheel- good luck building data centers and rockets without the CRMs and REEs- I wonder where one can get them🤔
The future is indeed metallic

[Figgy1m @figgy1million]

$TMC This may be one of the most MISPRICED assets in the public markets today.
Investors often underestimate the importance of a Pre Feasibility Study (PFS) in mining. A PFS is NOT speculation. It is a detailed engineering and economic framework that defines viability through production assumptions, costs, capex, and revenue under defined commodity prices.
The Metals Company published its PFS on 8/6/2025 via SEC SK 1300, estimating an NPV of approximately $26.3B under base assumptions.
With ~433M shares outstanding, that implies about $55+ per share of modeled value.
Today the market prices it at roughly ~10% of that implied value.
That $26.3B NPV is NOT static.
Since the PFS:
1. New resource zones are being integrated into updated models
2. Commodity assumptions for Ni, Cu, Co, Mn have shifted materially
3. The Brownsville refinery adds downstream value not fully reflected in the base case
Each factor is incremental UPSIDE to NPV.
The key disconnect is no longer geological. It is REGULATORY TIMING.
The market prices TMC as if commercialization may never occur, while NOAA progression through compliance and certification places the project inside formal environmental review.
This creates a valuation gap driven almost entirely by PERMIT RISK discounting.
Historically, mining equities DO NOT re rate slowly through late stage permitting. They TEND TO re price SHARPLY as uncertainty compresses, often BEFORE final approval.
AS permitting continues to advance, the market will NOT wait for final approval to re rate the asset.
Short interest of ~31M shares WILL further amplify upside during catalyst shifts.
The Brownsville refinery, if funded, could also be a MAJOR inflection point.
It may support a scenario approaching ~1.5 x current base case NPV, or roughly $83 per share under favorable assumptions. Today, not 2 years from now.
More importantly, it is not just incremental. It structurally transforms the project into an end to end industrial chain.
That matters because it:
1. REDUCES downstream execution risk
2. STRENGTHENS commercialization credibility
3. ACCELERATES re rating toward production reality.
In effect, a funded refinery begins to shift valuation toward partial commercialization de risk, as refining capacity is often viewed as the missing bridge between extraction approval and industrial scale production.
@themetalsco #DSM #Criticalminerals #copper #REE
#metalsprocessing #TMC
#Nickel #cobalt #manganese

[A.V @braun14v]

@Gubloinvestor $tmc

[Serenity @aleabitoreddit]

Just a shower thought to European media:

Maybe instead of complaining about the influx of capital.

To keep your critical companies alive and subsidize growth.

Maybe welcome it…

So you don’t keep selling off your monopolies or critical chokepoints like ficonTEC from a lack of funding to foreign countries such as China.

Especially when they’re necessary to US hyperscaler supply chains.

[A.V @braun14v]

@aleabitoreddit Congrats- crazy growth this year- one for the ages

[A.V @braun14v]

@ExperimentalPar Great post; the CRM and REE thesis is still early and those paying attention to the West's decoupling of China's moat in supply and processing will make tons of money.

[Quant @ExperimentalPar]

https://t.co/8aR0JQKhqc

[Quant @ExperimentalPar]

$TMC just got another regulatory win today.

As mentioned in my $TMC article, the regulatory cadence keeps stacking. Today we got another win.

NOAA formally certified TMC's USA B exploration license application. This is a separate area from the consolidated USA A application that already hit "fully compliant" on May 1.

What the USA B area is: ~122,000 km² of seafloor (bigger than Pennsylvania), with an estimated 1.02 BILLION tonnes of polymetallic nodules. High grades of nickel, cobalt, copper, manganese, plus rare earth elements. This is on top of the USA A area that already has the $23.6 billion stated NPV.

What "certified" means in plain English: NOAA accepted the application, agreed it meets every regulatory requirement, and is now moving directly into preparing an Environmental Impact Statement. Next steps are a Notice of Intent to Prepare an EIS, then a draft EIS for public comment, then final EIS, then NOAA's final determination on the license.

This is the cadence Barron promised on the Q1 call. A new regulatory milestone every 6 to 8 weeks. May 1 full compliance on USA A. May 11 Allseas commercial agreement signed. May 28 USA B certified. Three big wins in less than 4 weeks.

TMC is now running two parallel regulatory tracks at NOAA at the same time:
1)USA A: consolidated exploration + commercial recovery permit (Q1 2027 target)
2)USA B: exploration license (now moving into EIS)

Nobody else in the world is doing this. China has been "exploring" for years and hasn't moved a commercial scale system. TMC just keeps stacking gates.

A reminder: TMC trades around $5, roughly 9-10% of its stated NAV. Fair value at 30% of NAV is about $16. The catalysts keep landing and the stock still hasn't woken up.

Not financial advice. DYOR. I'm long $TMC.

[A.V @braun14v]

@ExperimentalPar Great deep dive on $TMC :DD Lots of potential here