TMC $675k YOLO
Posted: Feb 23, 2025
- Global industry needs metals for clean energy transition
- The Metals Company (TMC) harvesting Polymetallic Nodules in the CCZ
- Two contract areas contain approximately $1 trillion in metal
- CFO presentation: https://vimeo.com/1022466584
- More details: https://investors.metals.co/news-events/events-and-presentations
- Pro deep sea mining cabinet members appointed by Trump
- TMC CEO plans to extract 866 million tons of nodules over 23 years
- Revenues estimated to start at $650m per year, scaling up to $18.5bn per year
- Holding until $69.42 (~$23.8bn MC)
What do people on Reddit think?
🚨 Reddit sentiment: positive - Most users express bullish sentiment with substantial investments and expectations of growth for TMC. Major partnerships and figures also increase confidence. Summarized comments: - Some users are committing large investments to TMC, seeing current prices as opportune - Investments in TMC are supported by significant research and partnerships, such as with Allseas - Expectation for TMC to increase significantly, with timelines such as a June 27 submission noted - Some confidence stems from the presence of key figures and partnerships, such as Steve Jurvetson and Cantor Fitzgerald - Users express anticipation and enthusiasm about the stock, often comparing it to a rock analogy - Some confusion occurred with users initially mixing up TMC as a rock company instead of another company Stock tickers discussed: $TMC, $TSMC
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