Odyssey Marine Exploration Inc (OMEX)

[ChuckD-MSB]

Ya I agree, the pps % moves at these low prices are not important unless you are trading it.

The very first part of the article highlights the important stuff.


Strategic investor bids $145mn to buy 65% of OMEX, implying valuation of $223 million.

Liquidity fears abate for one year minimum.

“Strategic” is word of the day. MINOSA, the mining arm of Mexican industrial conglomerate, AHMSA, is second largest mining firm in Mexico. Investor’s clout and expertise offers OMEX significant benefits. OMEX now has a financially strong, politically connected, credible Mexican partner on its side of the table when it comes to negotiating a deal to develop Oceanica and other assets.

Further catalysts: MIA approval, MINOSA equity investment, strategic fertilizer partnership , Victory re-approval, Victory recovery updates, Russell reconstitution, Central America title ruling, announcements regarding new mineral and/or shipwreck projects.