New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 5, 2014
08:19 EDTOMEXOdyssey Marine recovered about 1,000 oz of gold from SS Central America
Odyssey Marine Exploration recovered nearly 1,000 ounces of gold during the first reconnaissance dive to the SS Central America shipwreck site on April 15. Recovered gold included five gold ingots and two $20 Double Eagle coins; one 1857 minted in San Francisco and one 1850 minted in Philadelphia. The gold ingots were stamped with assayer's marks and weights that range from 96.5 to 313.5 troy ounces. The two-hour reconnaissance dive was conducted during the transit of Odyssey's research vessel, the Odyssey Explorer, from the United Kingdom to Charleston, South Carolina, to mobilize for the project, which is being conducted under contract with the receiver of Recovery Limited Partnership, or RLP. RLP director of operations Craig Mullen and RLP chief scientist/historian Bob Evans accompanied the Odyssey team for the dive operation. Evans previously served as chief scientist, historian and later as curator for the initial Central America recovery operations conducted between 1988 and 1991. The archaeological excavation, valuable cargo recovery and ship-board conservation will be conducted and underwritten by Odyssey on behalf of RLP. In return, Odyssey will receive 80% of recovery proceeds until a fixed mobilization fee and a negotiated day rate are paid. Thereafter, Odyssey will receive 45% of the recovery proceeds.
News For OMEX From The Last 14 Days
Check below for free stories on OMEX the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 11, 2014
16:40 EDTOMEXOdyssey Marine expects COO to assume CEO role before end of year
Subscribe for More Information
16:39 EDTOMEXOdyssey Marine reports Q2 EPS (5c), consensus (12c)
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use