Aug. 10 at 11:48 AM
$TMC Once funding for Brownsville is announced, the price change will be almost instant. For example,
$4.60 to
$8+. Why? Because the order book is very thin and susceptible to catalysts. Besides the fact that the catalyst will most likely be similar to
$MP but much bigger. It will most likely be:
1. Brownsville funding
$4B to
$10B
2. USGOV stake in TMC, 10% to 15% of the parent company or most likely the refinery subsidiary.
3. DOD offtakes
4. Other company offtakes
