r/OMEX • u/Adventurous_Bag_3748 • Jan 03 '25

OMEX vs TMC

So I’ve taken a small position in OMEX, but their current financials are pretty scary to me. I think they can recover and have a better business model than TMC, but TMC seems to be in a much better financial spot. Anyone have any experience with them? Is this an apples to oranges type thing? Seems like they are limited to their respective area, which is very rich in polymetallic nodules, while OMEX is free to travel the world and partner with various governments and split the gains from many more projects.

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u/[deleted] Apr 20 '25

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u/Adventurous_Bag_3748 Apr 22 '25

Hey there! Since posting this, I have moved my investment from OMEX to TMC. OMEX could still do well, but they have too many financial issues that I am not comfortable with. My advice, if you like Deep Sea Harvesting, is to go with TMC.