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Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

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Equity Bottom-Up

Odyssey Marine Exploration  / Equity Bottom-Up

<div><div><div><ul style="list-style-type: disc;"><li><p>Initiating coverage of Odyssey Marine Exploration (OMEX), a pioneer in deep-ocean exploration that has pivoted away from exploring shipwrecks and is now using the vast experience accumulated over decades of undersea work to discover, validate, and develop subsea deposits rich in critical metals and minerals that are beneficial to society, including polymetallic nodules containing metals critical to battery production and phosphate, an important fertilizer component.</p></li><li><p>It’s all over but the waiting. Having completed the evidentiary phase and submitted post-hearing briefs in September 2022, OMEX is currently awaiting the decision of a NAFTA tribunal related to its arbitration against Mexico over what it believes was an illegal denial of an environmental permit to develop a phosphate resource located off the western coast of the country.</p></li><li><p>The potential for an award of monetary damages may exceed $2 billion and can provide longer-term project funding and development opportunities that would be made possible by such an infusion of capital.</p><div><div><div></div></div></div></li></ul></div></div></div>

Initiating coverage of Odyssey Marine Exploration (OMEX), a pioneer in deep-ocean exploration that has pivoted away from exploring shipwrecks and is now using the vast experience accumulated over decades of undersea work to discover, validate, and develop subsea deposits rich in critical metals and minerals that are beneficial to society, including polymetallic nodules containing metals critical to battery production and phosphate, an important fertilizer component.It’s all over but the waiting. Having completed the evidentiary phase and submitted post-hearing briefs in September 2022, OMEX is currently awaiting the decision of a NAFTA tribunal related to its arbitration against Mexico over what it believes was an illegal denial of an environmental permit to develop a phosphate resource located off the western coast of the country.The potential for an award of monetary damages may exceed $2 billion and can provide longer-term project funding and development opportunities that would be made possible by such an infusion of capital.

Odyssey Marine Exploration, Inc. - Minerals for the Future