TMC the metals company Inc. (NASDAQ:TMC) Q3 2024 Earnings Conference Call November 14, 2024 4:30 PM ET

Company Participants

Craig Shesky - Chief Financial Officer
Gerard Barron - Chairman & Chief Executive Officer

Conference Call Participants

Matthew O'Keefe - Cantor Fitzgerald
Dmitry Silversteyn - Water Tower Research
Jake Sekelsky - Alliance Global Partners

Operator

Good day and thank you for standing by. Welcome to The Metals Company Third Quarter 2024 Corporate Update Conference Call. At this time, all participants are in a listen-only mode. After the speakers presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your first speaker today, Craig Shesky, CFO. Please go ahead.

Craig Shesky

Thanks, everybody and please accept our apologies for a bit of a delay here. We appreciate you joining for our third quarter 2024 corporate update conference call.

Please note that during this call, certain statements made by the company will be forward-looking 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. Additionally, please note that the company's actual results may differ materially from those anticipated. And except as required by law, we undertake no obligation to update any forward-looking statements. Our remarks today may also include non-GAAP financial measures, including with respect to free cash flow and additional details regarding these non-GAAP financial measures, including reconciliations to the most directly comparable GAAP financial measures can be found in our slide deck being used with this call. And you're welcome to follow along with our slide deck or joining by phone, you can access at any time at investors.metals.co.

And I will now turn the call over to our Chairman and CEO, Gerard Barron.

Gerard Barron

Thanks, Craig and thanks to all of you for joining our third quarter conference call. Typically, in these calls, we remind everyone about our value proposition and provide incremental project updates. But if you're listening, you likely already know that this is a world-class high-grade resource that is significantly undervalued based on any reasonable metric. You may even be sick of us reminding you of that. All of that information is still readily available and included in the appendix.

What we'd really like to talk about is our strategy to start unlocking that significant value now, rather than waiting for first production. And over the last 2 weeks, we've seen some events that we believe are going to be watershed moments in TMC's journey.