Odyssey Marine controls the rights to one of the largest phosphate deposit in the world.

Upon approval, we believe the Don Diego project alone is worth a multiple of the current Odyssey Marine stock price.

Approval of the Don Diego project appears inevitable, backed by Mexican billionaire Alonso Ancira.

Stock was heavily shorted on liquidity concerns, which have been eradicated, but short sellers have yet to cover. Short interest is 14.4 million shares, an amazing 78 days to cover.

seekingalpha.com | Leer nota