Notes

Sep8 ~19:43 review: event page links OpenExchange registration, literal-plus PDF and ASP+Video+V5.mp4. Registration returns JS-only app; no Q&A transcript read. MP4 HEAD200 length83725132 bytes lastmodifiedSep8 16:00:16GMT; metadata alone not full-event replay. PR119 direct200 says expected helium production/first stable-isotope shipments and binding funding remains forward looking. No customer accepted helium/netback or updated contracted share verified. https://ir.aspisotopes.com/news-events/capital-markets-day

Retrieved Sep8 ~19:42UTC. CENTCOM Sep5 release states three Iranian crude carriers struck Sep5: Downy near Kharg, Stark1 near Jask, unladen Kylo/Noxen Gulf of Oman. Military is direct participant with incentive to frame success; not independent shipowner confirmation. Public release index latest Sep5. Today's19:19 anonymous-official i24 headline in supplied news feed remains unconfirmed as new event; missing statement does not disprove it. X403, direct CENTCOM/UKMTO403; web CENTCOM text accessible. https://www.centcom.mil/MEDIA/PUBLIC-RELEASES/Article/4591744/centcom-destroys-3-irgc-oil-tankers-after-iran-targets-2-us-navy-warships/

{"INBX":{"dailyBar":{"c":115.42,"h":118.04,"l":94.56,"n":1088,"o":115.61,"t":"2026-09-08T04:00:00Z","v":63926,"vw":107.591082},"latestQuote":{"ap":131.1,"as":100,"ax":"V","bp":114.73,"bs":100,"bx":"V","c":["R"],"t":"2026-09-08T19:41:32.448366543Z","z":"C"},"latestTrade":{"c":["@"],"i":1068,"p":115.42,"s":100,"t":"2026-09-08T19:37:40.20286301Z","x":"V","z":"C"},"minuteBar":{"c":115.42,"h":115.855,"l":115.2,"n":16,"o":115.2,"t":"2026-09-08T19:37:00Z","v":650,"vw":115.432796},"prevDailyBar":{"c":121.15,"h":123.85,"l":120.88,"n":278,"o":121.27,"t":"2026-09-04T04:00:00Z","v":6366,"vw":121.868898}},"SPY":{"dailyBar":{"c":767.055,"h":769.69,"l":765.68,"n":17373,"o":769.055,"t":"2026-09-08T04:00:00Z","v":1030138,"vw":767.374395},"latestQuote":{"ap":766.88,"as":80,"ax":"V","bp":766.86,"bs":160,"bx":"V","c":["R"],"t":"2026-09-08T19:41:58.739224603Z","z":"B"},"latestTrade":{"c":[" "],"i":52983881097011,"p":766.86,"s":80,"t":"2026-09-08T19:41:56.920856398Z","x":"V","z":"B"},"minuteBar":{"c":767.055,"h":767.07,"l":766.91,"n":110,"o":766.98,"t":"2026-09-08T19:40:00Z","v":8320,"vw":766.988242},"prevDailyBar":{"c":770.18,"h":772.85,"l":769,"n":14829,"o":772.035,"t":"2026-09-04T04:00:00Z","v":1009491,"vw":770.478724}}} SIP snapshot403; IEX200. INBX spread16.37USD exceeds8.5099 account1%risk budget for one share; one venue does not establish NBBO. https://runway.adityaperswal.workers.dev/data/stock-snapshots?symbols=INBX%2CSPY&feed=iex ; https://runway.adityaperswal.workers.dev/data/stock-snapshots?symbols=INBX%2CSPY&feed=sip

{"n":356,"expected":356,"missing":[],"first_open":769.06,"last_time":"2026-09-08 19:25:00+00:00","last":766.6,"low":765.67,"high":769.7,"volume":24077443,"vs_open_pct":-0.31987101136451423,"from_low_pct":0.12146224874947098,"close_path_dd_pct":0.43026127648511103,"more":null} Retrieved 2026-09-08T19:41:58.675123+00:00. Provider SIP, raw bars, pagination null; first minute is not authenticated auction; no fill inference. INBX expected355 through its last19:24; requested window through19:25 has356 possible minute starts, hence57 missing including trailing19:25. Missing cause unknown. https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=INBX%2CSPY&feed=sip&timeframe=1Min&start=2026-09-08T13%3A30%3A00Z&end=2026-09-08T19%3A25%3A58.675123%2B00%3A00&adjustment=raw&limit=10000

Job79 note1122 Sep8 15:00END8panels; Maersk/Typhoon/Hapag/SeaIntel/WH/Canada HTTPokay; Bombardier challenge83chars missingcoverage. GD exact8K rows Aug7/Aug4, not allforms. No new signed aircraft implementation evidenced by this output; hash change not event. Job36note1093 at13:15ASPIoldAug20 title missesnowpublishedSep8notice; AirLiquide403/MOFCOMtimeout. ManualissuerCMD review supplements cadence; existingjobs not automatic trading. https://www.maersk.com/news

Sep8 TableO p42 manufacturing RSEsales/depreciation/inventories/assets .6/.6/.6/.4%, pretax income SE1361mUSD; retail .5/.9/.6/.4%, pretaxSE406m. These are not aftertaxmargin confidence intervals and covariances absent. Retail release https://www.census.gov/econ/qfr/retail/current/qfr_rt.pdf p4 URR49.7 TQRRsales87.3/depreciation84.8/absNIBT91.9/assets88.8. Disclosure216-16/216-26 conflict remains, no causal attribution. https://www.census.gov/econ/qfr/mmws/current/qfr_pub.pdf

Sep8 Q2 publication Table1.1 p50, USDmillion Q2/Q1/Q2prior inventory1245528/1212342/1152034 +2.737346%QoQ/+8.115559%YoY. Sum six debt components (shortbank,shortother,currentlongbank,currentlongother,longbank,longother)3976017/3952925/3793356 +.584175%QoQ/+4.815288%YoY. Nominal balance-sheet stocks, not seasonally adjusted; no mixing ratio with SA sales. Currentliabilities2990546/2910885/2764484 not same as interestbearingdebt. Selected aggregate cells present; full industry suppression audit not completed. https://www.census.gov/econ/qfr/mmws/current/qfr_pub.pdf

Python70Mcf/day*600USD/Mcf*365=15.33m annual and*90=3.78m per90days; assumed full uptime/allvolume sold at600, excludes boiloff, transport, cost, funding, tax, minority interests. Not forecast; does not equate27mcombinedLNGhelium revenue to helium earnings. p62 issuer conservative1%dailyboiloff; compounding20days retains81.790694%, versus illustrative80%Houston table; routes/cost burden not independently verified. https://d1io3yog0oux5.cloudfront.net/_d49d821e7370e11028653a55dfc12e65/aspisotopes/db/2265/21536/pdf/Capital+Market+day+deck_08September2026_vF+%281%29.pdf

Sep8 p67 shows DFC500m/StandardBank250m debt funding,44monthbuild/FY2030firstproduction; p68 financialclose anticipated. Aug20 definitiveagreements still required; current Sep8 release cautions binding funding not assured. p91 cash254.9m/shares153.3m both June30, not Septembercash. p93 >300m2031EBITDA target and price assumptions undisclosed; not near-term realized profit. https://d1io3yog0oux5.cloudfront.net/_d49d821e7370e11028653a55dfc12e65/aspisotopes/db/2265/21536/pdf/Capital+Market+day+deck_08September2026_vF+%281%29.pdf

Sep8 deck p8 first Phase1 offtake above600USD/Mcf; p66–68 capacity70Mcf/day helium and2500GJ/day LNG, nameplate2H2026, first exports expected; p93 Septemberdelivery target retained and27mcombinedannualrevenue capability. No updated contracted-volume share or accepted helium shipment/purity/cash cost found in reviewed deck text. p7 broad in-production label is not customer acceptance. Aug20 baseline15%helium/75%LNG contracted retained as dated baseline, not proven current. Issuer claim, one origin. https://d1io3yog0oux5.cloudfront.net/_d49d821e7370e11028653a55dfc12e65/aspisotopes/db/2265/21536/pdf/Capital+Market+day+deck_08September2026_vF+%281%29.pdf

Sep8 16:32:47 direct primary endpoints: recipient598.49989509BTC,mempool+.0000562,229confirmedtx; reserve3597.47201026BTC,mempool0,584tx. https://blockstream.info/api/address/bc1ql4mfu6aundtkksxklfajs2h3t9nzcd6gyqjlte ; reservebc1qdlld6antmv4xug242ed83q7k4rqw50cwfns38szx4qu2f4jwaxxsuhwxxr . Recent32tx,3recipient-input; first2each send.00001BTCtoreserve,retain598.49988609/598.49989807BTC,blocktime1788877531; txids1d690f3b96b878067f3a445b74dfb8fab4201c0455d88ac98cc14a927e7858d7 and7c0fb4ffff35bf9894211d3c97abbb58fc127573a1805880103dd19e40528523. https://blockstream.info/liquid/api/blocks tip4051232,time1788756550,age128618s,1tx; https://liquid.network/api/blocks tip4050335 age182438s. OperatorHTTP200,1NoteTweet parsed/relevant,hash1fa338f6b403063d815b51327749e5cafdd00164b7e7f0e4f2a7f8568410238b unchanged: software deployed/preparing restart. Interested technical provider, previouspostSep8 01UTC; thisrunno new signature/controller authentication. Dust not payout, indexer conflict not proof outage; recentpage not fullhistory. https://x.com/Blockstream

{"INBX": {"missing_minutes": ["2026-09-08 14:07:00+00:00", "2026-09-08 14:21:00+00:00", "2026-09-08 15:19:00+00:00", "2026-09-08 16:02:00+00:00", "2026-09-08 16:03:00+00:00", "2026-09-08 16:05:00+00:00", "2026-09-08 16:06:00+00:00", "2026-09-08 16:08:00+00:00", "2026-09-08 16:09:00+00:00", "2026-09-08 16:12:00+00:00"], "pre14_close": 103.46, "pre15_close": 106.5, "last": 114.09, "last_vs_pre14_pct": 10.274502223081395, "last_vs_pre15_pct": 7.1267605633802855}, "SPY": {"missing_minutes": [], "pre14_close": 767.46, "pre15_close": 767.65, "last": 766.87, "last_vs_pre14_pct": -0.07687697078675448, "last_vs_pre15_pct": -0.10160880609652034}, "manufacturing": {"margin_pct": [15.464050600232348, 13.858504295572976, 10.887239307175681], "profit_qoq_pct": 21.747967479674802, "sales_qoq_pct": 9.107553635979526}, "retail": {"margin_pct": [9.589275040560159, 5.881323297741993, 5.598669623059867], "profit_qoq_pct": 67.11309523809523, "sales_qoq_pct": 2.4943112200245032}} Calculated in python from rawproviderbars and roundedagencyheadlines Sep8~16:33. Contemporaneous returns are not identified causal effects or backtest outcomes. https://runway.adityaperswal.workers.dev/data/stock-bars ; https://www.census.gov/econ/qfr/mmws/current/index.html ; https://www.census.gov/econ/qfr/retail/current/index.html

Jul27 methodology says noise injection2023Q4–2026Q1 then DAO216-16; Sep8 current index/publication says216-26. Preserve discrepancy without guessing legal number or claiming margin jump caused by method. Same-vintage revised comparisons used. TableO sampling errors do not capture all nonsampling/method effects. Professional services profit0.8bn not statistically different from prior losses per Sep8 mg release, counterexample to universal improvement. https://www.census.gov/econ/qfr/documents/QFR_Methodology.pdf

Agency p7 Sep8 vintage: manufacturing URR56.4%, TQRR sales87.5/depreciation88.3/absNIBT91.9/assets88.9%; mining89.8/91.3/89.2/88.3 URR64.4; wholesale85.5/88.2/77.3/82.6 URR58.3; information93.4/95.5/97.2/95.3 URR55.8; professional74.9/76.1/80/78.4 URR58.9. TQRR includes equivalent-quality outside information, not just respondents. Small corporations outside thresholds missed; imputation100-TQRR. https://www.census.gov/econ/qfr/mmws/current/qfr_mg.pdf

Sep8 release, corporations assets>=50m. BillionUSD Q2/Q1/Q2prior profits112.3/67.2/60.6 sales1171.1/1142.6/1082.4. Ratios of rounded inputs9.589275/5.881323/5.598670%; +3.707952ppQoQ/+3.990605ppYoY, not exact unrounded margin. Source labels SA; broad profitability does not establish freight netbacks. https://www.census.gov/econ/qfr/retail/current/index.html

Agency Sep8 10EDT release retrieved16:32–35UTC. Table p9 USDmillion Q2/Q1revised/Q2prior-revised aftertax359388/295242/215550, sales2324071/2130066/1980333. Python ratios15.463727/13.860697/10.884533%, +1.603030ppQoQ/+4.579194ppYoY. SA nominal, not inflation-adjusted. Quarterly totals, not annual rates; independently aggregate not firm cash. https://www.census.gov/econ/qfr/mmws/current/qfr_mg.pdf

Sep8~16:35UTC exact href with literal plus signs returned200; browser reencoding plus to%2B and same encoded direct request returned403. Actual URL https://d1io3yog0oux5.cloudfront.net/_d49d821e7370e11028653a55dfc12e65/aspisotopes/db/2265/21536/pdf/Capital+Market+day+deck_08September2026_vF+%281%29.pdf . Access failure was URL issue, not absence of disclosure. https://ir.aspisotopes.com/news-events/presentations

Issuer index dated Sep8 09:15EDT, retrieved16:31UTC: expected helium production and >300m2031 EBITDA target, not accepted shipment/purity/cost verification. Formal event10–12:30ET; our16:30review not first-news time. Sep8 8K https://www.sec.gov/Archives/edgar/data/1921865/000119312526384527/aspi-20260908.htm furnishes same PR and links presentation; one issuer origin, promotional bias. https://ir.aspisotopes.com/news-events/press-releases/detail/119/asp-isotopes-hosts-inaugural-capital-markets-day-and