Bello. In summary, I am concerned that you are not doing your homework and are leaping to conclusions based solely on SUB's documentation which you take at face value. I hope that you take this as constructive criticism as it is well meant. Over the years too many naive investors have pissed up their hard earned, tax paid, cash on, if not a pack of lies, then a proposition heavily dressed up by directors.
On SUB, another poster here who went to the AGM alluded to a company comment about the Oil Industry demand inflating rates for the type of vessel required to operate the Skip & Grab systems, as indicated by myself some time before that on this BB.
You need to establish the exact state play here from SUB. Without such a vessel available SUB is just another trawler with a good sonar and a capable ROV. Therefore only ELLA type targets are realistic in the short term, something I believe that the company is gently steering investors toward.
OK, so they have discovered the wreck they believe to be Ella. To my knowledge they have not stated it is "Untouched" or similar. In fact, quite the reverse, stating it is heavily netted & under mud, ie. to some extent concealed.
(Obviously the "Treasure Discovered" statement is a paradox in this context)
You, with the information available to you, do NOT KNOW if, say, Risdon Beazley have had an opportunistic, unrecorded, pop at it in the past, or any other company. It has happened time and time again.
SeaSalv discovered this on numerous non ferrous targets in the 1980's. I have no opiion as to whether Ella may have been looked at in the past as I simply do not enough information but I have to note that Ella is not in deep enough water to protect it by accessibility alone - it's actually in diving range. By virtue of the nets its position as a known fastener will be known to the fishing industry, a major source of information in the past of salvors.
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