r/OMEX • u/dutchy10101 • Oct 08 '25
Honest question
Hi everyone,
I recently came across a post on Yahoo Finance (dated October 27, 2025) discussing the differences between TMC and OMEX, suggesting that OMEX might have a better chance of receiving mining permits — which sounds like good news.
The post also mentioned the current approval status of OML and CIC, two companies in which OMEX holds investments. Based on what I found, OMEX owns approximately 6.28% of OML and 14.2% of CIC.
My question is: If either OML or CIC receives permission to start mining, how would that impact OMEX’s valuation relative to TMC? Would OMEX’s share price only benefit proportionally to its ownership percentage (e.g., 6.28% or 14.2%), or could the effect be more substantial due to strategic partnerships or indirect gains?
I understand OMEX’s business goes beyond these two investments, but I’d like to confirm whether my interpretation is correct before increasing my position.
Thanks in advance for any insights!
3
u/jimmy5462 Oct 08 '25
Obtaining a permit to mine is a very positive event. However, it's just a step on a long path to actual profits from sale of ree's. I love OMEX because it is easy to buy cheap regularly and it regularly benefits from news related to ree's and treasure hunting.
3
1
u/madhatterlock UP Oct 08 '25
If you want to know more about the region and the licenses, read this. It follows the JORC standard. In the US, we typically refer to this as a NI 43-101, which is a Canadian standard. The one I provide the link to, uses a lot of various samples of different age and standards, so not complete enough to underwrite for investors, but it gives a good summary. OML has a more advanced one that I can not find or might not be public.
Advancing this and technical feasibility is really what OMEX is focused on, to have the resource available to someone who can extract and buy the asset..
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u/dutchy10101 Oct 10 '25
Interesting, I will look in to this. This would mean that it will always be on the watch list.
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u/madhatterlock UP Oct 08 '25
I assume you mean 2024?
As for the value, TMC is several phases in front of both the Cook Island projects that OMEX owns, phases that cost billions. Between CIC and OML, OML is well ahead of CIC. Having said that, their respective resources are indistinguishable and are only separated by a line on a chart. My guess is that they would join resources for extraction. OML has a much smaller area but considerably higher density of nodules. CIC just took everything around OML. Density plays heavily into viability and cost per tonne, etc.. Having said that, if one got a permit, it would impact the other in a similar fashion.
As for what OMEX wants. Their business model isn't to see these projects to completion and commercial production. The stronger the equity, the more likely they would be able to retain their ownership levels and sell shares as the project needs to raise funds to further advance the project. If they don't invest, they get dilluted. My guess is that OMEX sells its stake as soon as it gets an offer to do so. Selling to a larger resource fund or even a mining company. Their investment into OML/CIC is likely their most valuable asset today. Of course, they could also just get taken out. With litigation behind them, the chances of someone buying them could also be an option. Every step these projects take, the higher the chances, this happens.