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50 may be on the low side. The news today is a new board member who worked with space x is on the board with Tmc. Gotta think some of this buying over the last month may be going into Elon’s hands.
Just saying this will go to 50 bucks is pretty out there. You don't see many 40X runners
Then what news is pushing this up?
The boat still floats !!
It turned on its vessel AIS again
At least it hasn’t been cut up…….yet
https://www.vesselfinder.com/vessels/details/9445150
SAY WHAT !!! THAT IS A BIT AGGRESIVE
Looks like a continual front loading of TMC. My target is 50-100 bucks.
I hope it goes to $10 or $100 for you. I don’t care. I own nothing here and did not short it.
If the boat is not being scrapped (its moored at a scrap dock or scrap pier although the Korean/English translation may be inaccurate but I personally don’t believe so) (opinion), then the boat is in need of a refit to get its classifications back for insurances for the hull, the employees and contractors, and the customer that leases the boat for exploration and mining. It appears the boat is at the wrong location for that type of refit. We don’t know anymore because they turned off their vessel AIS
I would wager cutting torches and water blasting cutting tools are at work.
Just my opinion
I hope it goes to five bucks and you short all you can.
They decided to scrap the boat and book the salvage as revenue ???
Don’t see any news
Any ideas what news just broke?
Looks like our congressmen and Nancy’s husband are front loading on some news. Up on no news is a great sign.
That data is old. The ship hasn’t reported through AIS on other marine tracking websites in over 40+ days and these other websites show the vessel WAS parked at that scrap dock.
Try Googling other marine AIS location websites and see what you get.
The data you referenced shows 59 dats ago it WAS moving. Obviously it isn’t anymore, the ship may no longer exist. It’s very odd that the AIS is turned off as it stayed on over a year while the vessel sat off the coast of Manzanillo, Mexico but get turned off once the vessel arrives in Korea.
I don’t know much about ships. But, how could it be sailing if it is docked?
“The current position of HIDDEN GEM is at East Asia reported 59 days ago by AIS. The vessel is sailing at a speed of 8.9 knots. The vessel HIDDEN GEM (IMO 9445150, MMSI 215700000) is a Drilling Ship built in 2010 (14 years old) and currently sailing under the flag of “
This is from your link. Lololololololololol
Did you check out form 4?
Doubtful, looks like they might be scrapping the Hedden Gem into a scrapyard at Mokpo Korea
Could be moon shot anytime. Just waiting for Congress to release the report from the DOD. The pressure to mine grows.
Could be moon shot anytime. Just waiting for Congress to release the report from the DOD. The pressure to mine grows.
The boat “Hidden Gem” is moored at “the salvage pier” in Korea !!!
Can we assume they are about to scrap this “gem” of a boat ?
ROTFLMFAO
“Hidden Gem” making 8 knots to Mokpo, Korea. One could assume back to the shipyard for repairs recertification outfitting as predicted.
Several shipyards https://www.shiplocation.com/ports/MOKPO/SHIP-REPAIR/KR/type-Port
Expected arrival Jan 7, 2024. https://www.shiplocation.com/vessels/HIDDEN-GEM/CURRENT-POSITION/9445150
The boat must be sinking. They looking for new suckers, sorry “investors”
My update was fine and accurate the day I posted it. The rusted away piece of iron junk arrived LongBeach anchorage 20:32 UTC 27 Nov 23
I hear the boat is need of some “repairs”
I could assume the insurance company gave them the fix it or lose coverage directive. One could assume dry dock and survery items will be performed
Your update is old. Looks like it has moved and this is great news.
UPDATE The drill ship “Hidden Gem” is still rusting away at anchor where it has been falling apart for WELL OVER a year.
https://www.vesselfinder.com/vessels/details/9445150
https://www.marinetraffic.com/nl/ais/details/ships/shipid:713156/mmsi:215700000/imo:9445150/vessel:HIDDEN_GEM
The boat is going to have to go back into dry dock for repair and recertification very soon
More than likely this ship will have to be returned to dry dock for hull cleaning and recertification well before it’s next mission to enable the sale of more TMC shares.
That boat is unlikely to return to commerce any time soon, fyi
Pumped up garbage with a seriously rusty boat that more than likely got the crap beaten out of it during the last hurricane as a sitting duck at anchor where’s it’s been for over a year
The drilling ship “Hidden Gem”
https://www.vesselfinder.com/vessels/details/9445150
The metallic crap company
The “Hidden Gem” has a novel history of breaking her mooring lines and smashing into things that she isn’t supposed to hit - Scroll down in this link
https://www.fleetmon.com/vessels/hidden-gem_9445150_2301152/
THE METAL CRAP COMPANY
The drill ship “Hidden Gem” is still rusting away at anchor where it has been falling apart for well over a year.
https://www.vesselfinder.com/vessels/details/9445150
The boat is going to have to go back into dry dock for repair and recertification very soon
That boat will not be returning to commerce any time soon, fyi, without a costly, lengthy visit to the dry dock.
The drilling ship must be inspected in dry dock Twice every five (5) years, with not more than thirty six (36) months between examinations.
That ship has to go back to dry dock before they try and go harvesting for nodules next year.
Expect heavy dilution to pay for the dry dock inspection reclassification certification for insurance.
TMC
The boat is sitting, rusting away. It isn’t going anywhere anytime soon. I suspect the boat will have to go into dry dock and be inspected and refitted for its classifications. The possibility commercial use of that boat diminishes everyday it sits. Certainly if they intend for the boat to move through water under its own power, it will certainly need dry dock. One can assume correctly the thrusters and running gear to be completely covered in marine growth.
Nice rebound of $1.30 support.
Closed at HOD at $1.45.
Huge resistance at $1.50.
Let’s see how this plays out tomorrow and EOW.
Actually it's older, same page shows owned by Petrobras in 2009. They would have purchased 10 or 12 years before and used for off shore oil exploration. Ship is 20 or more years old which is with ocean craft close to or at end of life.
Also they say they have 20 million in cash and another 25 in credit facility, but say they need 60 to 70 to submit application for permit next july. Of course they will also have payroll, insurance, maintenance, repairs, fees, fuel, legal, etc...
Sounds like another Pred
If it breaks $1 I'm getting in.
Not great trading on financing news.
Let’s see what happens tomorrow.
Not optimistic but who knows.
Went up to 1.71, since collapsed to its comfort zone!! Any chance it will hit close to the $2.00?
TMC
TMC the Metals Company Inc
1.09
-0.11 (-9.17%)
Volume: 1,517,511
Day Range: 1.08 - 1.20
Last Trade Time: 7:58:17 PM EDT
The drill ship “Hidden Gem” is still rusting away at anchor where it has been falling apart for about a year.
https://www.vesselfinder.com/vessels/details/9445150
The boat is going to have to go back into dry dock for repair and recertification very soon
That boat is unlikely to return to commerce any time soon, fyi
#TMC 🔥 going back to $3 again? $TMC
Bring it on. Let this puppy crash and pick up shares on sale. Small chance it goes to zero.
Heading to 1.00 lol
I have my target
I got in lower than you did. Got profit myself. Waiting for a year or two to cash in for the big bucks and pay less percent in taxes than you .
Already in n profit it plays to use technical analysis before buying
Lots of shares hitting the street. Maybe a little dilution? Looks like it may be over now.
I would think having them miss the deadline would be a good thing for TMC. Since no new regulations were put in place TMC should know how to fill out the mining application.
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