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TMC the Metals Company Inc

TMC the Metals Company Inc (TMC)

1.43
0.00
(0.00%)
Closed July 14 4:00PM
1.44
0.01
(0.70%)
After Hours: 7:31PM

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
1.44
Bid
1.27
Ask
2.61
Volume
1,110,513
1.40 Day's Range 1.47
0.803 52 Week Range 2.8229
Market Cap
Previous Close
1.43
Open
1.42
Last Trade Time
Financial Volume
$ 1,591,442
VWAP
1.4331
Average Volume (3m)
1,084,097
Shares Outstanding
320,510,004
Dividend Yield
-
PE Ratio
-0.74
Earnings Per Share (EPS)
-0.23
Revenue
-
Net Profit
-73.78M

About TMC the Metals Company Inc

TMC The Metals Co Inc is an explorer of lower-impact battery metals from seafloor polymetallic nodules. It supplies metals for the clean energy transition with the least possible negative environmental and social impact and accelerates the transition to a circular metal economy. The company through ... TMC The Metals Co Inc is an explorer of lower-impact battery metals from seafloor polymetallic nodules. It supplies metals for the clean energy transition with the least possible negative environmental and social impact and accelerates the transition to a circular metal economy. 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. Show more

Sector
Blank Checks
Industry
Metal Mining
Website
Headquarters
Vancouver, British Columbia, Can
Founded
2019
TMC the Metals Company Inc is listed in the Blank Checks sector of the NASDAQ with ticker TMC. The last closing price for TMC the Metals was $1.43. Over the last year, TMC the Metals shares have traded in a share price range of $ 0.803 to $ 2.8229.

TMC the Metals currently has 320,510,004 shares outstanding. The market capitalization of TMC the Metals is $458.33 million. TMC the Metals has a price to earnings ratio (PE ratio) of -0.74.

TMC Latest News

TMC and SGS Produce World-First Cobalt Sulfate from Deep-Seafloor Polymetallic Nodules

As part of TMC’s pilot-scale nodule processing, SGS and TMC produced the world's first cobalt sulfate from deep-seafloor polymetallic nodules, continuing to indicate TMC’s resource is suitable for...

The Metals Company Welcomes Prominent Sustainability Strategist Brendan May to its Board of Directors

Mr. May is chairman and founder of Robertsbridge, a leading global sustainability consultancy he formed in 2010. He has spent more than 25 years in the sustainability space, initially working on...

TMC Commends U.S. House of Representatives for Allocating Defense Funding to Assess the Feasibility of Domestic Nodule Refining Capacity

As reported by the Wall Street Journal, the House version of the fiscal year 2025 National Defense Authorization Act (NDAA) calls for $2 million allocated to the Defense Department’s Industrial...

TMC Announces First Quarter 2024 Results

NEW YORK, May 13, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules...

TMC Subsidiary Submits Its Largest Deep-Sea Environmental Data Set Yet to International Seabed Authority

TMC's subsidiary, NORI, has submitted comprehensive data to the International Seabed Authority, detailing findings from environmental baseline campaigns from the NORI-D exploration area up to...

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...

TMC & SGS Produce World-First Nickel Sulfate from Deep-Seafloor Polymetallic Nodules

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...

Steve Jurvetson, a Renowned Silicon Valley Investor, Joins TMC’s Board of Directors as Vice Chairman and Special Advisor to the CEO

Mr. Jurvetson is a legendary investor focused on founder-led, mission-driven companies at the cutting edge of disruptive technology and new industry formation. His investments include pioneering...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.064.347826086961.381.621.37511150951.49896567CS
40.032.127659574471.411.621.279177121.44515832CS
12-0.19-11.65644171781.631.71991.2710840971.48315558CS
260.096.666666666671.352.071.1514898901.52185277CS
52-1.36-48.57142857142.82.82290.80317479041.4463188CS
156-9.6135-86.972452164511.053515.390.51125722872.67907645CS
260-9.6135-86.972452164511.053515.390.51125722872.67907645CS

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TMC Discussion

View Posts
Longstrongsilver Longstrongsilver 1 month ago
TMC was a segment on last week tonight with John Oliver today
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abew4me abew4me 2 months ago
NEW YORK, May 13, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of the world’s largest estimated undeveloped source of critical battery metals, today announced that its subsidiary NORI has made a second submission of key environmental data from all prior environmental baseline campaigns conducted in the NORI-D exploration area up to January 2022 to DeepData, an open database of contractor data managed by the International Seabed Authority (ISA).

The submission of this massive batch of data, which includes analysis of an extensive set of geochemical and biological samples from across the water column, follows NORI’s decade-long research efforts to define the polymetallic nodule resource and develop an environmental baseline for its NORI-D exploration area, as part of its Environmental and Social Impact Assessment (ESIA) for the NORI-D Nodule Project. Since 2012, the Company has collaborated with leading industry experts and independent scientists from marine research institutions from around the world on its ESIA, gathering data throughout 22 offshore campaigns.

Dr Michael Clarke, Environmental Manager at The Metals Company, said: “This accumulation of baseline data over the last decade represents the most comprehensive dataset ever collected in the CCZ. When combined and compared with the wealth of data gathered during our 2022 test mining and post-disturbance monitoring campaigns, we believe preliminary analysis is demonstrating that much of the conjecture around environmental impacts of nodule collection is not supported by the science. We are looking forward to submitting the Environmental Impact Statement to the ISA and publishing the dozens of academic papers that will result from this work. When this information becomes available, I am confident that objective stakeholders will clearly see that deep-sea nodule collection is a far less impactful way to source critical metals than mining on land.”

This year's ISA data submission highlights include:

Over 12,000 seafloor images from Remotely Operated Vehicle (ROV) operations, leading to:
Annotation and identification of over 30,000 megafauna and xenophyophores occurrences by the UK National Oceanography Centre.
More than 2,000 gelatinous nekton identified by JAMSTEC from high-definition ROV video transects conducted from surface to seafloor.
Data from over 50 deployments of MOCNESS nets, yielding:
Almost 3,000 samples of pelagic biota (micronekton).
World-first samples from depths exceeding 4,000 meters.
Extensive zooplankton samples from 1,500 meters to characterize zooplankton communities.
Three-year data collection from oceanographic moorings providing insights into particulate organic carbon flux in the Eastern CCZ.
Over the coming months, NORI will continue working with research teams to fully collate and categorize the hundreds of terabytes of data and thousands of biological samples that have been collected to date. NORI expects numerous further papers to be published in peer-reviewed journals in the coming months and years, adding significantly to society’s understanding of the deep sea.

Since the late 1960s, over 300 hundred offshore campaigns have been conducted in international waters, with over $2 billion invested in environmental baseline and impact studies and technology development, with most of the capital invested by private companies. To address knowledge gaps, governments and contractors like NORI have spent over 9,000 days – the equivalent of almost 25 years – at sea, assessing the deep-sea environment, research and investment which has accelerated significantly since the establishment of the ISA’s exploration regime.

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 metals 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 | media@metals.co
Investors | investors@metals.co

Forward Looking Statements

This press release contains “forward-looking” statements and information within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as “aims,” “believes,” “could,” “estimates,” “expects,” “forecasts,” “may,” “plans,” “possible,” “potential,” “will” and variations of these words or similar expressions, although not all forward-looking statements contain these words. Forward-looking statements in this press release include, but are not limited to, statements with respect to the potential impact of the Company’s potential commercial operations, the Company’s expectations with respect to its submission of environmental data, its ESIA, its Environmental Impact Statement, its continued work to collate and categorize its environmental data and future publications and papers. The Company may not actually achieve the plans, intentions or expectations disclosed in these forward-looking statements, and you should not place undue reliance on these forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in these forward-looking statements as a result of various factors, including, among other things: the Company’s strategies and future financial performance; the ISA's ability to timely adopt the Mining Code and/or willingness to review and/or approve a plan of work for exploitation under the United Nations Convention on the Laws of the Sea (UNCLOS); the Company’s ability to obtain exploitation contracts or approved plans of work for exploitation for its areas in the Clarion Clipperton Zone; regulatory uncertainties and the impact of government regulation and political instability on the Company’s resource activities; changes to any of the laws, rules, regulations or policies to which the Company is subject, including the terms of the final Mining Code, if any, adopted by ISA and the potential timing thereof; the impact of extensive and costly environmental requirements on the Company’s operations; environmental liabilities; the impact of polymetallic nodule collection on biodiversity in the Clarion Clipperton Zone and recovery rates of impacted ecosystems; the Company’s ability to develop minerals in sufficient grade or quantities to justify commercial operations; the lack of development of seafloor polymetallic nodule deposit; the Company’s ability to successfully enter into binding agreements with Allseas Group S.A. and other parties in which it is in discussions, if any, including Pacific Metals Company of Japan; uncertainty in the estimates for mineral resource calculations from certain contract areas and for the grade and quality of polymetallic nodule deposits; risks associated with natural hazards; uncertainty with respect to the specialized treatment and processing of polymetallic nodules that the Company may recover; risks associated with collective, development and processing operations, including with respect to the development of onshore processing capabilities and capacity and Allseas Group S.A.’s expected development efforts with respect to the Project Zero offshore system; the Company’s dependence on Allseas Group S.A.; fluctuations in transportation costs; fluctuations in metals prices; testing and manufacturing of equipment; risks associated with the Company’s limited operating history, limited cash resources and need for additional financing and risk that such financing may not be available on acceptable terms, or at all; risks associated with the Company’s intellectual property; Low Carbon Royalties’ limited operating history and other risks and uncertainties, any of which could cause the Company’s actual results to differ from those contained in the forward-looking statements, that are described in greater detail in the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission (SEC), including the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 filed with the SEC on March 25, 2024, as amended. Any forward-looking statements contained in this press release speak only as of the date hereof, and the Company expressly disclaims any obligation to update any forward-looking statements contained herein, whether because of any new information, future events, changed circumstances or otherwise, except as otherwise required by law.

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/4c7dc023-c274-4f61-a299-575ebd193951
https://www.globenewswire.com/NewsRoom/AttachmentNg/f51a7757-3ffd-404f-a339-8979af5d7686
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abew4me abew4me 2 months ago
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.
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uber darthium uber darthium 2 months ago
Glad to see the board active. Let’s keep the interest in TMC up
👍️ 1 😀 1
abew4me abew4me 2 months ago
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!
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abew4me abew4me 2 months ago
My expectations for really good news on Monday has just increased substantially.
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abew4me abew4me 2 months ago
It's filled. That means someone just invested $612,000 in TMC this morning.
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abew4me abew4me 2 months ago
Holy Smoke! The bid has 400,000 shares @ $1.53 right now.

Someone is taking a BIG position in TMC.
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abew4me abew4me 2 months ago
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?
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uber darthium uber darthium 2 months ago
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
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abew4me abew4me 2 months ago
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.
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uber darthium uber darthium 2 months ago
I am glad to see activity again on this board discussing the various events and happenings of TMC
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abew4me abew4me 2 months ago
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.
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abew4me abew4me 2 months ago
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.
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abew4me abew4me 2 months ago
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.
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uber darthium uber darthium 2 months ago
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”
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abew4me abew4me 2 months ago
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.
👍️0
abew4me abew4me 2 months ago
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."
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uber darthium uber darthium 2 months ago
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
😂 1
abew4me abew4me 2 months ago
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 | media@metals.co

Investors | investors@metals.co




Primary Logo
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abew4me abew4me 2 months ago
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!
👍️0
roxandbonz roxandbonz 3 months ago
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
👍️0
roxandbonz roxandbonz 3 months ago
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
👍️0
roxandbonz roxandbonz 3 months ago
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.
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JOHNNY C1 JOHNNY C1 3 months ago
Just saying this will go to 50 bucks is pretty out there. You don't see many 40X runners
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roxandbonz roxandbonz 3 months ago
Then what news is pushing this up?
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Monksdream Monksdream 4 months ago
TMC 10Q due 3/22
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uber darthium uber darthium 4 months ago
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
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JOHNNY C1 JOHNNY C1 4 months ago
SAY WHAT !!! THAT IS A BIT AGGRESIVE
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roxandbonz roxandbonz 4 months ago
Looks like a continual front loading of TMC. My target is 50-100 bucks.
😂 1
uber darthium uber darthium 4 months ago
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
👍️0
roxandbonz roxandbonz 4 months ago
I hope it goes to five bucks and you short all you can.
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uber darthium uber darthium 4 months ago
They decided to scrap the boat and book the salvage as revenue ???

Don’t see any news
👍️0
roxandbonz roxandbonz 4 months ago
Any ideas what news just broke?
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roxandbonz roxandbonz 4 months ago
Looks like our congressmen and Nancy’s husband are front loading on some news. Up on no news is a great sign.
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JOHNNY C1 JOHNNY C1 4 months ago
Just hit 1.50 so I can close my call
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uber darthium uber darthium 4 months ago
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.
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roxandbonz roxandbonz 4 months ago
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
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roxandbonz roxandbonz 4 months ago
Did you check out form 4?
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uber darthium uber darthium 4 months ago
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
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roxandbonz roxandbonz 4 months ago
Could be moon shot anytime. Just waiting for Congress to release the report from the DOD. The pressure to mine grows.
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roxandbonz roxandbonz 4 months ago
Could be moon shot anytime. Just waiting for Congress to release the report from the DOD. The pressure to mine grows.
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JOHNNY C1 JOHNNY C1 4 months ago
moon?
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uber darthium uber darthium 6 months ago
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
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mick mick 6 months ago
https://www.otcmarkets.com/stock/TMC
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uber darthium uber darthium 6 months ago
“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
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uber darthium uber darthium 7 months ago
The boat must be sinking. They looking for new suckers, sorry “investors”
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uber darthium uber darthium 7 months ago
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
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roxandbonz roxandbonz 7 months ago
Your update is old. Looks like it has moved and this is great news.
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uber darthium uber darthium 8 months ago
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
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