TMC - The Metals Company

The simplest binary play of the year. NOAA exploration license granted, unlock value = 700% increase/$56~ price. The minerals are there, the technology is there, just waiting for the "license to drill."

LEAPS are decent $5-$7 strike go for around $200-$400 premium cost. Either lose a bit or 700% that's it. Current share price $7-$8 range.

With the way Trumps is going, he will most likely bypass the UN's ISA authority and speed up TMC's ability to mine for "national security" rare earth metals.

Thoughts?

Disclosure: Own 200 shares + 2 leaps, just a small but potentially fun play for me.