You do. Which makes it less annoying. However, considering how readily available materials and Ghosts to locate them are, it really doesn't make sense to have a cool down on how often you can loot them. Even ignoring the "loot 10" challenges, why make it so easy to locate them, if I can't loot them? All I do in that situation is take them away from other players who don't get to them before they despawn after I loot them. It's a case of having a mechanic that directly contradicts another one. This is Game Theory 101. Don't not contradict your mechanics. Let's use Baseball as an example. Let's say you can't score more than two points in an inning. But home runs and such are still a thing. That makes any time a player bats in multiple teammates pointless. Grand slams are pointless exercises because the mechanics contradict each other.