Jake Sekelsky's questions to TMC the metals company Inc (TMC) leadership • Q2 2025
Question
Jake Sekelsky from Alliance Global Partners inquired about the necessary steps and timeline to advance from the Pre-Feasibility Study (PFS) to a full Feasibility Study, and the key upcoming permitting milestones with NOAA.
Answer
CFO Craig Shesky explained that the immediate focus is finalizing the agreement with partner Allseas to enable a final investment decision on long-lead items for the Q4 2027 production target. Chairman and CEO Gerard Barron added that key upcoming milestones include the adoption of amended regulations to fast-track permitting, noting the strong support from NOAA and the US administration to advance the project.