TMC the metals co Inc (TMC)
Pitch Summary: Repeating a past mining failure; unrealistic financial projections; falling metal prices and major operational risks. Update 6/10/25 – Deep-sea mining tech is commercially untested; history of dilution and questionable spending; complex international regulations add uncertainty; significant ecological risks. Update 6/25/25 – Bypassing international norms with a U.S.-only deep-sea mining strategy; high legal risk […]