Good question imo. No guarantees of anything with any company. But what this company is concentrating on, is something every public company with vision will attempt to get into as soon as someone(most likely DMS this summer) brings up over 2 billion dollars of cargo.
As soon as this motherload of cargo comes up, it should get international press.
There is still lots of "treasure" out there in wooden ships, in fact most likely hundreds of billions, but there are definitive multi billion dollar targets in WW1 and WW2 ships that are defined by few researchers, that are numerous and readily available to the right team of researchers now due to the significant technological advances made in the last five years.
The technology has actually been advanced by huge international oil companies that have had to work harder and harder to pull in their large oil deposits lately. Their enormous assets and advancements have been the boon to this particular industry.
The only prediction I will make is that this is the NEW MINING paradigm.
I will say this as well, if certain things play out, because of Oddyssey Marine bungling that 500 million dollars that was poached by the Spanish Government, EARH has a decent chance of becoming the number one player in this game.
If Oddyssey had just gotten a license for that half billion dollars, they would be way too far out in front.
I have to give them credit, going all in on a Nasdaq public company, and going 3 plus miles deep after less than a quarter billion dollars worth of silver, only, was one ballsy move.
That success alone, illustrates the enormous technological advancement made these days. That was just not possible five years ago. In my opinion.
AI
