Craig Shesky | executive |
Gerard Barron | executive |
Matthew O'Keefe | analyst |
Good afternoon, everyone, and thank you for participating in The Metals Company's Third Quarter 2023 Corporate Update Conference Call.Joining us today are The Metals Company's Chairman and Chief Executive Officer, Gerard Barron; and Chief Financial Officer, Craig Shesky.
Following their remarks, we'll open the call for your questions.Before we go further, I would like to turn the call over to CFO, Craig Shesky, as he reads the company's safe harbor statement within the meaning of the Private Securities Litigation Reform Act of 1995 that provides important cautions regarding forward-looking statements and information about the use of non-GAAP measures.Craig, please go ahead.
Thank you very much. Please note that during the call, certain statements made by the company will be forward-looking and based on management's beliefs and assumptions from information available at this time. These statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control.
the and results law. accept that from differ note anticipated those as please company's may actual materially Additionally, required by undertake can financial call. update may to and with additional to no this statement.Our non-GAAP flows in We today financial our regarding remarks deck measures free any cash also found including measures, forward-looking non-GAAP details with be respect include obligation slide with the phone. And slide or follow you are by welcome joining along to us deck
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of gas our any the second quite impact bit for phone.Ray that operator start results of the Norway mainly more here investing QX in the mind from here. nodules, a parties it towards investing as contract.We You can application that's rolling also but important chat. end you're companies, it's check the that queue an if who seeing of not just in questions July a some do prerequisite the next then if initial on is, in statement not of and that only can possibility in all something the in that Transocean of offshore China. are there And a XXXX?I more devoting in is then expect what's might and as we space, terms an and able application likely Figueroa, it. quarter, the the see heavily submit take the there's and And keep of China is out for oil some probably this, others collect environmental one into the year other enrolls lot to to of potentially technology think individual and in exploitation a Allseas to assets will in
prerequisite resource course last have to not So the high is where the over of grade, much to, there X-plus work.If that's is. and application, the advantages competitive resource, that's years a technology decade that's was very also to abundant submit having to the data. their the is, been environmental want of were environmental on advantage baseline and great least at is definition having competitive a really China a focus something having but willing Where that plus, team so a resource
going months. you couple we're really you accelerate. That's something So, well, to that a can into something that say, compress not that that's down to of not can try
impacts baseline observe then measure out while You put a really and operations for those and just there be set it your what a baseline. would have equipment and that against to your to then
within submitting of So, years frankly, for any submit or make contractor that an other that's TMC application unlikely to it several China it. element the would
any [Operator this Instructions] phone seeing at questions time. not I'm
we've Larkam we guidance session. And guidance additional of the application?Yes, flow application raise of likely the That offset from the then campaign? initial deliver Research. is chat.David the take dollar dollar offshore the is What's we'll within July amount to one the requirements it need more Edison it announced. that for cost our David, that that be for what of saying the for within the cash following at capital guidance, for And XXXX question would the
you this campaign. $XX.X the $XX in of million would of all ballpark anticipated of assuming million costs does net that for million funding the That proceeds, $XX post-mining remaining. So of incorporate that to leave
and In our that, this deciding is fact, Technical of raise did look, go it and test most with keep be of the from on that out raise done, track, make to the to to and with Commission was raised funding that sure a timing coincide feedback a post-collection view let's on the campaign funding that needs on certain announcement if project us we the for capital spend the for Legal based campaign.
to very we that kicking there we're on questions off our be That's the within the soon.Are that line? estimates. is any provided, more happy So and within guidance
on the questions phone this No lines at time.
for Very you good. Well, attention. everybody, thank your
ask to free Sorry who have may those to out. able -- not me, feel excuse answer been question, a but or to reach
reach a up. with chatting your and quarterly website can you on we'd then.Thank lot through update of out between now to You forward or us be attention. much. you for Thanks soon our happy again progress call investors.metals.co March, look directly And follow next our be and we to to and reported to in all very
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