The Metals Company Inc (TMC)

[abew4me]

So far, it looks like the rule-of-thumb is playing out exactly as predicted. LTBR announced bad news.

Lightbridge Q1 EPS $(0.21) Down From $(0.17) YoY

Lightbridge (NASDAQ:LTBR) reported quarterly losses of $(0.21) per share. This is a 23.53 percent decrease over losses of $(0.17) per share from the same period last year.

[uber darthium]

Glad to see the board active. Let’s keep the interest in TMC up

[abew4me]

The MMs are going to play with the price today to try and get some weak hands to sell their shares. Don't fall for it.

The high volume tells you everything you need to know. At the end of the day, I think we'll definitely be on the upside. Hold tight!

[abew4me]

My expectations for really good news on Monday has just increased substantially.

[abew4me]

It's filled. That means someone just invested $612,000 in TMC this morning.

[abew4me]

Holy Smoke! The bid has 400,000 shares @ $1.53 right now.

Someone is taking a BIG position in TMC.

[abew4me]

Well, before they poured money into the ship they had to make sure that they had the necessary governmental backing from the United States. Now that they've finally received that support, I think they can safely move to the next step.

What do you think?

[uber darthium]

I don’t disagree, they just need to get off the ground, but in the meantime go take care of their ship and have it in Bristol condition for when mining begins. Sitting at anchor for a year off Mexico doesn’t help anyone

[abew4me]

Me too. It would be nice to see others join in.

If TMC management executes everything as planned, you can make a small fortune with just 5 - 10 thousand shares.

[uber darthium]

I am glad to see activity again on this board discussing the various events and happenings of TMC

[abew4me]

As a rule of thumb, you always want to announce good news at the beginning of the week...so it will create upward momentum for your stock price...and reverberate throughout the week.

Likewise, if you have bad news, you want to announce it at the end of the week (like Friday) so investors can't sell their shares right away and cause an avalanche in the share price throughout the week.

Below is a good example of two companies preparing to make announcements...one on Monday and one of Friday.

The Metals Company Announces First Quarter 2024 Corporate Update Conference Call for Monday, May 13, 2024

Lightbridge to Hold Business Update & First Quarter 2024 Earnings Conference Call on Friday, May 10th at 11 a.m. ET

Please note that I have no idea what is going to be announced. Both companies could announce bad news...or good news. But it will be interesting to see if the "rule of thumb" above plays out as theorized.

[abew4me]

Wow...once again, the volume of today's trading has surpassed 1 million shares, and we still have 4 hours of trading to go.

There's an old saying: "volume before price". Let's see what happens after Monday's announcement.

The Metals Company Announces First Quarter 2024 Corporate Update Conference Call for Monday, May 13, 2024

NEW YORK, May 06, 2024 (GLOBE NEWSWIRE) -- The Metals Company (Nasdaq: TMC) ("TMC" or "the Company"), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Monday, May 13, 2024, to provide an update on first quarter financial results and recent corporate developments.


First Quarter 2024 Conference Call Details

Date: Monday, May 13, 2024
Time: 4:30 p.m. ET

Audio-only Dial-in: Register Here

Virtual webcast with slides: Register Here

The virtual webcast will be available for replay in the 'Investors' tab of the Company's website under 'Investors' > 'Media' > 'Events and Presentations', approximately two hours after the event.

[abew4me]

Obviously, the high-tech equipment will be removed from the Hidden Gem and installed onto another ship. This is just common sense.

And like I said before, this is a worse case scenario. For all we know, the Hidden Gem could be ready for service when they start their underwater mining in January, 2026.

[uber darthium]

Oh, so there are several drill ships in the world waiting around custom high spec outfitted for the needs of TMS ? (TMC)

I doubt that since they spent so much money a few years ago outfitting the Hidden Gem for AllSeas/TMC. AllSeas doesn’t own another drill ship nor any other similar classed vessel like the Hidden Gem “aka Hidden Scrap”

[abew4me]

Worse case scenario is that they scrap the ship and lease a newer one. With all of the new money that is coming in, that should be easy to accomplish.

[abew4me]

The ship can be repaired in due time. You have to look at the company's broader financial health and where it's heading.

We have new high-caliber people joining the company: Steve Jurvetson, a Renowned Silicon Valley Investor, Joins TMC's Board of Directors as Vice Chairman and Special Advisor to the CEO

More importantly, TMC has no debt...and a new unsecured credit facility has just announced their support. (See below)

Gerard Barron, CEO & Chairman of The Metals Company commented: "Over the last 12 years, we've completed 22 offshore campaigns on the NORI-D area to build a data-driven picture of the marine environment and how it is impacted by nodule collection. NORI's investment in research by the world's leading deep-sea research institutions has produced the most comprehensive dataset ever collected in the CCZ and a fair bit of excitement among the researchers. Our latest campaign to assess the state of the ecosystem 12 months after the nodule collection pilot finished earlier this month, and the observed state of the seafloor ecosystem was encouraging. We believe we now have sufficient real-world data to address most of the concerns raised by those who oppose the industry, and we look forward to researchers publishing their findings in peer-reviewed literature and NORI submitting its Environmental Impact Statement to the International Seabed Authority (ISA). Perceptions of the environmental peril of nodule collection are starting to be publicly challenged by ocean scientists: it was exciting to see an influential group like the Breakthrough Institute publicly weigh into the debate."

"We are also encouraged by the pace of U.S. initiatives aimed at supporting domestic processing and refining of polymetallic nodules, as well as re-invigorated calls for the U.S. to ratify the Law of the Sea treaty and take advantage of Member State rights that come with the ratification. Meanwhile, two new applications for deep-sea mineral exploration have recently been submitted to the ISA by the government of India. With support for deep-sea minerals growing, I'm happy to provide additional financial flexibility to TMC in the form of a new unsecured credit facility alongside our director and largest shareholder Andrei Karkar, which is in addition to the existing and recently extended Allseas credit facility. As discussions with potential strategic partners continue, these significant sources of liquidity from our three largest shareholders will help ensure that we can deliver a world-class application for an exploitation contract following the July 2024 ISA session."

[uber darthium]

First quarter financials with their boat docked in Korea at a salvage scrap yard. Yes this sounds very promising. Since the Hidden Gem sat almost abandoned at anchorage off the coast of Mexico, it is certainly time for dry dock and Lloyd’s reclassification.

This should be renamed TMS for The Metals Scams, in my opinion

[abew4me]

NEWS coming on Monday, May 13th.

The Metals Company Announces First Quarter 2024 Corporate Update Conference Call for Monday, May 13, 2024

NEW YORK, May 06, 2024 (GLOBE NEWSWIRE) -- The Metals Company (Nasdaq: TMC) ("TMC" or "the Company"), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Monday, May 13, 2024, to provide an update on first quarter financial results and recent corporate developments.


First Quarter 2024 Conference Call Details

Date: Monday, May 13, 2024
Time: 4:30 p.m. ET
â?¯ â?¯
Audio-only Dial-in: Register Here
â?¯
Virtual webcast with slides: Register Here
The virtual webcast will be available for replay in the 'Investors' tab of the Company's website under 'Investors' > 'Media' > 'Events and Presentations', approximately two hours after the event.

About The Metals Company

The Metals Company is an explorer of lower-impact battery metals from seafloor polymetallic nodules, on a dual mission: (1) supply metals for the global energy transition with the least possible negative impacts on planet and people and (2) trace, recover and recycle the metals we supply to help create a metal commons that can be used in perpetuity. The Company through its subsidiaries holds exploration and commercial rights to three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean regulated by the International Seabed Authority and sponsored by the governments of Nauru, Kiribati and the Kingdom of Tonga.

More information is available at www.metals.co.

Contacts

Media | [e-mail]

Investors | [e-mail]




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[abew4me]

There's a beautiful 6-month upward trend line. In fact, it looks like it's now at the bottom of the trend line...and I don't seeing it going much lower from here.
I just bought a ton of shares.

Volume at 930,000 shares with 4+ hours of trading to go.

It's 10-day average is 1.1 Million shares...so we've practically hit the daily average already!

[roxandbonz]

News
As part of TMC’s pilot-scale nodule processing, SGS and TMC produced the world's first nickel sulfate from deep-seafloor polymetallic nodules, indicating TMC’s resource is suitable for battery markets
The nickel sulfate was produced in a testing program conducted in collaboration with SGS and other industry leaders applying TMC’s efficient flowsheet design that processes high-grade nickel matte direct to nickel sulfate (without making nickel metal) and produces fertilizer products instead of solid waste or tailings
TMC holds exploration rights to the world's two largest-ranked undeveloped nickel deposits, which could offer a less impactful alternative to market dominant rainforest-sourced nickel laterites, potentially alleviating stress on

[roxandbonz]

News
As part of TMC’s pilot-scale nodule processing, SGS and TMC produced the world's first nickel sulfate from deep-seafloor polymetallic nodules, indicating TMC’s resource is suitable for battery markets
The nickel sulfate was produced in a testing program conducted in collaboration with SGS and other industry leaders applying TMC’s efficient flowsheet design that processes high-grade nickel matte direct to nickel sulfate (without making nickel metal) and produces fertilizer products instead of solid waste or tailings
TMC holds exploration rights to the world's two largest-ranked undeveloped nickel deposits, which could offer a less impactful alternative to market dominant rainforest-sourced nickel laterites, potentially alleviating stress on

[roxandbonz]

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.

[JOHNNY C1]

Just saying this will go to 50 bucks is pretty out there. You don't see many 40X runners

[roxandbonz]

Then what news is pushing this up?

[Monksdream]

TMC 10Q due 3/22

[uber darthium]

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

[JOHNNY C1]

SAY WHAT !!! THAT IS A BIT AGGRESIVE

[roxandbonz]

Looks like a continual front loading of TMC. My target is 50-100 bucks.

[uber darthium]

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

[roxandbonz]

I hope it goes to five bucks and you short all you can.

[uber darthium]

They decided to scrap the boat and book the salvage as revenue ???

Don’t see any news

[roxandbonz]

Any ideas what news just broke?

[roxandbonz]

Looks like our congressmen and Nancy’s husband are front loading on some news. Up on no news is a great sign.

[JOHNNY C1]

Just hit 1.50 so I can close my call

[uber darthium]

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.

[roxandbonz]

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

[roxandbonz]

Did you check out form 4?

[uber darthium]

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.

They shut the vessel AIS off 57 days ago and the ship was reported to be docked at a scrap facility. ALLSEAS ( owner of the Hidden Gem ) still shows it on their website. The boat has to be in pretty bad shape after sitting almost abandoned for over a year off the west coast of Mexico at Manzanillo

https://www.vesselfinder.com/vessels/details/9445150

Cant go the moon without a SHIP

[roxandbonz]

Could be moon shot anytime. Just waiting for Congress to release the report from the DOD. The pressure to mine grows.

[roxandbonz]

Could be moon shot anytime. Just waiting for Congress to release the report from the DOD. The pressure to mine grows.

[JOHNNY C1]

moon?

[uber darthium]

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

[mick]

https://www.otcmarkets.com/stock/TMC

[uber darthium]

“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

[uber darthium]

The boat must be sinking. They looking for new suckers, sorry “investors”

[uber darthium]

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

[roxandbonz]

Your update is old. Looks like it has moved and this is great news.

[uber darthium]

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

[uber darthium]

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

[mick]

https://www.otcmarkets.com/stock/TMC