The Metals Company is venturing into deep-sea mining, aiming to unlock a vast resource of metals for various industries. They project to begin production in 2027 with 51 metric tons of probable reserves. However, the company is currently losing money and will require significant capital investment. Investors should be cautious about the risks involved, despite the exciting potential. It’s advised to wait for more business milestones before considering an investment. The company’s liquidity and financial capacity are also areas of concern, making it a high-risk, high-reward opportunity for growth investors.
Read more at Nasdaq: Is TMC The Metals Company Stock a Millionaire Maker?
