I am not in it but they have a few projects on the board that could supply a ton of gold and silver recovery. They already have deals in place that are 80% in favor of them and 20% to the country that the the wrecks belonged to. One of them has over 600K ounces of silver. The other has a ton of gold and silver. So if the recovery goes successful it could mean 200-250 million to the company. I do think this could be 6-7$ easy with some time. If your looking for a short term play I would say you might be waiting for a bit. They also signed a deal to aquire a huge book of documents from another recovery company for a ton of wrecks with some big payload. The other company did not have the means to recover the stuff from deep water. OMEX has the means to do so. So they worked out a deal to recover the huge book of documents. As far as their cash on hand I think they just did some financing awhile back. Not sure of actual cash on hand of debt here. I do think with the two projects they are working with now they could really see a nice share increase.
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