Timmy has a dual role now. He’s Rocket Man……
and Timmy the PM.
Rocket Man has NEVER said his Toy worked, but the last PR said it identified non ferrous metals. I said a demo would be a positive.
While the SeaSearcher did not see any gold or silver on its initial scan of the Ring Site, it did identify numerous materials including brass, iron, copper, aluminum, lead, and stainless steel.
Now Timmy the PM is interesting. What does he know about locating a shipwreck and salvaging it? It’s been his role for 2 years now, and one of the first things the crew did under The Baer’s direction is violate the terms of the permit and they got shut down.
I found it very amusing that they hired Timmy’s daughter, fresh out of college to be compliance officer after the shut down.
We’re talking about a very small area that’s been explored for over 2 decades with HTQ/SFRX, and it was even explored before that. A good PM would know this isn’t a multi-year project trying to ID a wreck. That’s absurd, so Timmy the PM does not impress.
As far as the FBAR goes, nothing has changed there. The bureaucracy that help write the changes in the 2008-2009 Florida statutes still exist. SFRX can continue to blame them for a lack of progress, and they do. See below.
The lights need to come on in Tampa, but a demo of the Toy would be interesting to see in light of the last PR.
Oh, the company brought worm poop, not me. I guess they got tired of being laughed at with the claim the treasure was no where near the ballast pile. Now the theory is the worms ate the ship and pooped EXACTLY where the treasure is. They left no treasure unpooped.
GL
The permits with the State of Florida for two areas on the site, designated as Areas 1 and 2, were renewed in 2019 for an additional 3 years. There are currently no recovery permits for the site that have been applied for or issued as of the date of this filing. It will be necessary to be granted a recovery permit in order to recover any artifacts and treasure that may potentially be located on the site. The required, affiliated environmental permits from the U.S. Army Corps of Engineers (“USACE”) and Florida Department of Environmental Protection (“FLDEP’) were previously issued in the name of a partner that is no longer active. In 2020 Seafarer worked with the various State of Florida governmental agencies involved to update and consolidate all of these environmental permits solely under the Company’s name. The State of Florida Bureau of Archeological Research (“FBAR”) had ordered the Company not to disturb the ocean’s bottom while the changes and updates to the Company’s permits were in process. Some requests of change are questionable to the Company. Since the issuance of the USACE and FLDEP environmental permits, FBAR has continued to stop or delay ground disturbance in Seafarer’s legally permitted area with ongoing questions and requests.
Seafarer believes they are the only company to be issued a full recovery permit by FBAR since 1986, other than one entity with an Admiralty Claim. This demonstrates the difficulty of obtaining a recovery permit from FBAR. There is a risk that government entities may enact legislation that is so strict that any recovery of artifacts and cargo from historic shipwrecks will be nearly impossible. Additionally, permits and agreements with governmental agencies to conduct historic shipwreck exploration and recovery operations are expensive, in terms of both direct costs and ongoing compliance costs. It is also possible that the Company will not be successful in obtaining title or permission to excavate certain wrecks, even if the law allows it. It is possible that permits that are sought for potential future international projects may never be issued, and if issued, may not be legal or honored by the entities that issued them. For the above reasons, the Company has extended its research into shipwrecks outside of State waters.
An example of delays implemented by FBAR for Area 2 in Melbourne Beach, during the course of the last three year permit for Area 2, Seafarer was prevented from performing certain activities integral to the fulfilment of its exploration and recovery activities for a total of 747 days out of the 1095 days available.
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