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Odyssey Marine Exploration Inc. Message Board

  • cliffbanger86 cliffbanger86 Jul 23, 2013 12:30 PM Flag

    OMEX meeting with Institutional investors later this week in SF

    Nice story to tell. The G (and likely M) give OMEX the cash necessary to undertake multiple projects over the next few years. Dilution to raise Cash is no longer a material concern to an institutional investor.

    The big upside and far sexier and attractive story is the mineral side of the business. Of course the main beast right now is Oceanica and what the assay reserve estimates will state. A world class deposit would likely send the shares soaring as it opens up the shares to an entirely new group of investors. We are certainly now in the window of the time frame laid out for release of the assay reserve estimate.

    Right now the G recovery has essentially put a floor on the share price. However, it needs a significant catalyst to truly jump start the shares and Oceanica is likely the one. It is upside from here. But still need the catalysts to get the momentum. But the floor is in.

    Sentiment: Buy

2.06-0.19(-8.44%)Jun 24 4:00 PMEDT