TMC the metals: A Speculative Buy Where Patience Could Benefit The Brave

Kobus Louw/E+ via Getty Images The Metals Company (NASDAQ:TMC) is a deep-sea minerals exploration company which aims to mine critical battery metals from the Clarion Clipperton Zone (CCZ). Founded in 2011, it went public via a SPAC in September 2021. Since going public, it has returned -86.7% to investors and trades at $1.41 per share as of June 13th, 2024. TMC cannot yet market its products and generates zero revenue. The latest report estimates the beginning of "small-scale" commercial operations in Q1-20 ...