Odyssey Marine Article...

I tend to differ Alexandre with your 23 mile figure as that would place the wreck inside Portugal’s Contiguous Zone thereby giving this Nation full rights over the Mercedes, something that has not been presented in the legal proceedings in the Tampa courts. I believe the location of the wreck is closer to 30 nautical miles from the Base line, placing this wreck in Portugal’s EEZ and as we all know, according to UNCLOS III, the coastal nation does have rights over mineral resources here but not on wrecks. That is what the UNESCO Convention has tried to establish with very limited success.
 

Alexandre said:
More precisely, within the Portuguese contiguous zone, at 23 NM.

First you said it was 40 nm, and now it's 23 nm. Make up your mind. ???
 

Jeff K said:
Alexandre said:
More precisely, within the Portuguese contiguous zone, at 23 NM.

First you said it was 40 nm, and now it's 23 nm. Make up your mind. ???

I think I did not said 40Nm before.

If I could speak freely, I would say that I had acess to better data - could it even be a request from Pepe Pons to the Portuguese Ambassador in Madrid? Back in 2007? That might be it...
 

Alexandre said:
Jeff K said:
Alexandre said:
More precisely, within the Portuguese contiguous zone, at 23 NM.

First you said it was 40 nm, and now it's 23 nm. Make up your mind. ???

I think I did not said 40Nm before.

If I could speak freely, I would say that I had acess to better data - could it even be a request from Pepe Pons to the Portuguese Ambassador in Madrid? Back in 2007? That might be it...

http://www.merchantroyalshipwreck.c...vit_shows_spain_agreed_to_sussex_project.html

The same Jose Pons has negotiated with Gibraltar? And the same who called the Ateneo de Madrid "very concerned" about what we would say in the presentation of my book on the proceedings of Odyssey? Very interesting!
 

Alexandre... Does this look familiar? You posted it on the History Hunter site.

"Hi all, long time no see... I have been secluded away for the past week together with Portuguese and Spanish authorities brainstorming on our commom heritage.... I got one piece of information to share: this Black Swan site is 40 NM south of Cape Santa Maria, at c. 1320 meters deep."
 

Great debate! Greg Stemm won hands down. The vote was 75% for commercial salvage and 25% for academic salvage. Mr Parham kept harping on OME's solvency, which has nothing to do with marine archaeology, and failed miserably to defend his deranged opinions.
 

Salvor6 said:
"....and failed miserably to defend his deranged opinions."

Yeah, I think he did a great job.... :D

Stan
 

Saturna said:
The Spanish names are more romantic. :icon_sunny:
Can't argue with that :thumbsup:
PS Jeff can you still buy (Mercedes) Black swan copy coins, they no longer list them. Could become collectors items.
I would like to get one.
Ossy
 

Ossy... As far as I know, they never put them on the market.
 

I wish we could have, here in Spain, the same amount of information from public companies and agencies just clicking our Pc´s mouse.
 

8-K...

Item 1.01. Entry Into a Material Definitive Agreement.

On April 28, 2010, Odyssey Marine Exploration, Inc. (“Odyssey”) purchased 1,200 shares of Dorado Ocean Resources Limited (“Dorado”), a limited liability company incorporated in Hong Kong, for a purchase price of U.S.$2.0 million, pursuant to a Share Subscription Agreement that was executed and delivered on April 28, 2010, but has a stated effective date of April 1, 2010. Under the terms of the Share Subscription Agreement, Odyssey has the option to pay for this investment in cash or by providing marine services to Dorado over a three-year period. Dorado was formed for the purpose of participating in the business of subsea mineral exploration and mining. Odyssey also surrendered its five membership units in SMM Project, LLC, a Minnesota limited liability company (“SMM”), for 450 Dorado shares bringing Odyssey’s total ownership in Dorado to a 41.25% non-controlling interest.
 

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