"If" they find something of value they need a reco
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Posted On: 05/30/2019 10:13:20 AM
"If" they find something of value they need a recovery permit to bring it to the surface. Right now they only have an exploration permit.
Are you aware of the difference between a recovery permit and an exploration permit?
Are you aware there has only been 1 recovery permit issued by Florida in the past 4 decades? It went to SFRX, but only after some employees at the Bureau misbehaved and the issuance of the recovery permit was part of a settlement between the company and the state. It has since expired.
A recovery permit allows 80% title to what is found, the state gets the other 20%. Right now whatever they find belongs to the state.
That said, if they have the industry leading recovery process, as they proclaim, where's the proof?
But as you asked, this is why I hang around. It's always (lots of) fun to discuss salvage and such.
Now, "if" they find something of value, say a couple of coins of the like, you can bet they will start the "BILLIONS" talk once again, etc. There is never a plan discussed by the company about obtaining a recovery permit.
To put it another way, they avoid any discussion about it, except to say they are the only ones in 30 years to obtain a recovery permit.
No recovery permit = no title, and no bringing valuables to the surface. I do think they get wood samples by permission to help date a ship.
Anyway, they said they would get the one for Juno renewed, but that was back in 2017. Dr. Parson's has told them they can't get it renewed because it's in an environmentally protected area. Read more about that in this link below.
https://www.scribd.com/document/355392754/201...al-Request
Are you aware of the difference between a recovery permit and an exploration permit?
Are you aware there has only been 1 recovery permit issued by Florida in the past 4 decades? It went to SFRX, but only after some employees at the Bureau misbehaved and the issuance of the recovery permit was part of a settlement between the company and the state. It has since expired.
A recovery permit allows 80% title to what is found, the state gets the other 20%. Right now whatever they find belongs to the state.
That said, if they have the industry leading recovery process, as they proclaim, where's the proof?
But as you asked, this is why I hang around. It's always (lots of) fun to discuss salvage and such.
Now, "if" they find something of value, say a couple of coins of the like, you can bet they will start the "BILLIONS" talk once again, etc. There is never a plan discussed by the company about obtaining a recovery permit.
To put it another way, they avoid any discussion about it, except to say they are the only ones in 30 years to obtain a recovery permit.
No recovery permit = no title, and no bringing valuables to the surface. I do think they get wood samples by permission to help date a ship.
Anyway, they said they would get the one for Juno renewed, but that was back in 2017. Dr. Parson's has told them they can't get it renewed because it's in an environmentally protected area. Read more about that in this link below.
https://www.scribd.com/document/355392754/201...al-Request
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