Nautilus Minerals Share Discussion Threads

[zangdook] 09/4/2019 09:47

Looks sunk

[kyoquot] 03/3/2019 15:46

Thanks WStirrup, intriguing! Quantum leap easier sounds rather pleasant..... couldn't say things have been ticking along swimmingly recently.

Had a holding a few years ago, when listed in London, now only have a few free-carry to try and ensure a retained interest in this endeavour... thanks once again.

[wstirrup] 03/3/2019 13:14

Just received a snippet of News regarding some New technology, to make finding Resources a quantum leap easier... and guess who is using that technology?

Yep... NUS (at least unless they have unloaded Solwara-1 to someone else?)

Shame, I don't have any, and no way to get some.

[kyoquot] 22/6/2017 10:46

Another article (Why are countries laying claim to the deep-sea floor) this time by Prof Rachel Mills The Royal Society, BBC today 22/06/17.

Worth reading for those of us with an investment in Nautilus I would have thought.

[kyoquot] 14/4/2017 15:52

Article by David Shukman BBC science editor Renewables' deep-sea mining conundrum.

British scientists exploring an underwater mountain in the Atlantic Ocean have discovered a treasure trove of rare minerals...

Snippet of some of our equipment also.

[kyoquot] 07/3/2017 16:07

Hello zangdook, yes it would be interesting - at the time I hadn't imagined very many folks at all. I like the gold/copper aspect and wanted to keep an interest in this unique and innovative project, long road understandably but the really interesting bit's not so far away now I guess.
It's good to know this thread is here, hadn't thought of even looking!

[zangdook] 07/3/2017 07:34

It's about time. I wonder how many people here put it in the bottom drawer when it delisted in London.

[zangdook] 24/8/2015 11:54

brushed up the website a bit, pictures added at least.

[zangdook] 23/12/2014 08:12

Nice to see the dispute with PNG is now old news and the cash has been received. Since, IIRC, that dispute is what triggered the dramatic share price collapse, I wonder when we can look forward to a bit more recovery than we've seen so far.

[zangdook] 11/11/2014 08:29

$365m over 5 years - they better dig up some gold to pay for this.

[zangdook] 23/10/2014 10:22

...progress, I suppose

[zangdook] 26/9/2014 20:51

h/t someone on stockhouse

[zangdook] 08/8/2014 08:30

Q2 results announcement:

[zangdook] 24/4/2014 23:49

Friends with PNG again:

[zangdook] 27/3/2014 03:08

Progress in Tonga:

[zangdook] 15/2/2014 03:17

Well, here's what happens:



Toronto Ontario, February 13, 2014 - Nautilus Minerals Inc. (TSX:NUS, OTCQX: NUSMF) (the "Company" or "Nautilus") announces that contrary to the arbitrator's award of 2 October 2013, the Independent State of Papua New Guinea has not completed the purchase of its 30% interest in the Solwara 1 Project.

In accordance with the State Equity Option Agreement signed by the parties in March 2011, Nautilus has terminated the Agreement and will now claim damages.

Nautilus continues to seek an amicable resolution of the dispute with the State.

The Company will hold an investor conference call and audio/webcast on Tuesday, 18 February, 2014 at 10.00 a.m. Eastern Standard Time.

[zangdook] 04/10/2013 11:35

ditto Jack

This may give some optimism wrt other companies - CHL, OXS - also dealing with arbitration in disputes with governments. I know it's irrational to suppose any read-across, but the stock market likes reasons to be irrational

It remains to be seen what happens when you say to the government of a poor country "Give us $118m in three weeks".

[mad jack mcmad] 04/10/2013 07:43

Not exactly a sigh of relief - I've only got a smallish punt, but it's a bit like a 20-1 outsider I've backed still running and closing into the finish...

[sallad3] 03/10/2013 21:17

anyone else breathing a sigh of relief over today's news?

[mad jack mcmad] 06/8/2013 16:11

Hmm, looking good today. Still got a few.

[zangdook] 17/6/2013 21:17

hxxp://www.nautilusminerals.com/s/Media-NewsReleases.asp?ReportID=588173

June 12, 2013
Nautilus Announces Closing of Rights Offering

Toronto Ontario, June 12, 2013 - Nautilus Minerals Inc. (TSX: NUS, OTCQX: NUSMF) (the "Company" or "Nautilus") announces that it has received gross proceeds of C$40 million before expenses as a result of the successful closing of its rights offering through the issuance of 200,000,000 common shares at a subscription price of C$0.20 per common share.

Under the rights offering, 125,485,507 common shares were issued under the initial subscription with 25,136,966 common shares issued under the additional subscription. In total 150,622,473 common shares were subscribed for under the rights offering representing over 75% of the total shares on offer.

Mr Mike Johnston, Nautilus' CEO commented "it is very encouraging to see such a high level of support for the Company from its existing shareholders."

As previously announced, one of the Company's major shareholders, MB Holding Company LLC, through a wholly owned subsidiary, agreed to act as a Standby Purchaser in respect of the rights offering and purchased the remaining 49,377,527 common shares that were not otherwise subscribed for under the offering, in consideration for a fee of C$2 million.

The net proceeds from the offering will be used by the Company to continue funding its three key contracts related to the Seafloor Production System. The key contracts include the build of the Seafloor Production Tools by Soil Machine Dynamics Ltd, the supply of the Subsea Slurry Lift Pump by GE Hydril and the procurement of the rigid riser system by General Marine Contractors LLC. The Company believes that continuing with these key contracts will ensure the Company is in the best possible position to advance the Solwara 1 Project following resolution of the dispute with the State of PNG. To that end, the Company continues to meet with senior representatives of the State, including National Executive Council Ministers, with a view to amicably resolving the dispute as soon as possible.

The total number of issued and outstanding shares of the Company is now 436,772,865.

MB Holding Company LLC, directly and through its subsidiary Mawarid Offshore Mining Ltd, now owns 28.00% of the Company's shares, Metalloinvest owns 20.75% and Anglo American holds 5.95%.

[zangdook] 17/5/2013 09:49

Is anyone still here? Any thoughts on taking up the rights?

edit: there's some discussion on Stockhouse but unfortunately the standard of debate is pretty low even compared to advfn...

[waldron] 18/4/2013 16:31

April 15, 2013
Nautilus files final Prospectus for fully backstopped C$40M Rights Offering

not sure what 903 was?