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Odyssey Marine Exploration Inc. Message Board

  • cliffbanger86 cliffbanger86 Jan 5, 2013 10:05 AM Flag

    HMS Victory announcement by MOD seems imminent

    The critics of the plans to raise HMS Victory wrote letters to the London papers today criticizing the plans to raise the HMS Victory. However, Lord Ljngfield once again noted the wreck is now in international waters and this course is appropriate. My uneducated guess is these letters were written and published today as the decision from MOD is imminent.

    The beauty is the upside from HMS Victory has not been priced in at all for OMEX while the downside is limited as OMEX has other lucrative projects to support current valuations after any brief decline due to negative PR if somehow the go ahead is not given or delayed on Victory.

    Good stuff.

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