Is TMC The Metals Company Stock Your Ticket to Becoming a Millionaire?

15.01.26 19:47 Uhr

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TMC The Metals Company's (NASDAQ: TMC) investor relations page starts with this quote: "The Metals Company is developing the world's largest estimated source of critical metals to help deliver U.S. critical mineral independence and support a new era of American industrial strength."That sounds really exciting, and it is. What should worry investors is what isn't explained on the investor relations homepage. Here's how TMC The Metals Company could be a ticket to millionaire status, or just another gamble that may not pay off.At its core, TMC The Metals Company is a miner. That's generally a fairly easy business to understand. The company must find a location where it believes there are sufficient valuable resources to justify building a mine. It needs to do some exploration work to prove that those materials do actually exist, get approval to build the mine, and then has to build and run the mine. And when the mine is depleted, the area must be restored to its original state before the mine was built.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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