Nautilus Marine Services Share Discussion Threads

[dave4545] 13/2/2019 09:47

The market certainly either does not believe or want to play these loan conversion

Cnel did a decent one at 4.7p and price is around 1p and now this one at 50p and price is 8.5p

Not a lot of trust out there, probably for good reason when it comes to Aim

[babbler] 13/2/2019 09:30

yup. And the next conversions are at over £1. IF they convert

[babbler] 13/2/2019 09:28

Can't believe some idiot bought over 10p and sold less than 30 mins later at 8.8. FFS Cash here is more than mcap before asset sale and 50p share conversion TWICE

[dave4545] 13/2/2019 09:11

Real spread 8.745-9p

mm's showing wrong spread on my monitor 9.1-9.7p

[dave4545] 13/2/2019 09:05

Can buy at 9p

23273 paid 10.3p sold 8.73p plenty of those idiots in the market

[dave4545] 13/2/2019 08:50

tomboyb

They are going to do a huge shake so might have another chance.

They'll only drop it so far and then it will flip and be hard to buy any online

[tomboyb] 13/2/2019 08:40

missed it -

Good luck -

[ayesha4] 13/2/2019 08:33

Yes 50 pence per share

[ayesha4] 13/2/2019 08:33

Nautilus Marine Services PLC (AIM: NAUT), announces that on 11 February 2019, the Company received notice from Aeterna Capital Fund II, LLC ("Aeterna") to convert the US$2,360,000 Convertible A Loan Notes (as defined and described in the Company's AIM Admission Document published on 16 January 2017) into 3,868,852 ordinary shares in the capital of the Company ("Ordinary Shares") at a price of 50 pence per Ordinary Share at a fixed exchange rate of GBP1/US$1.22 (the "Conversion").

[babbler] 06/2/2019 12:08

she's stirring again... mcap 1/ 3rd cash..

[thecashmoney] 05/2/2019 15:01

hxxps://guerillainvesting.co.uk/2019/02/05/27517/.

Well worth a read target 50 p

[babbler] 05/2/2019 14:32

we are... 4th.

[sigora] 05/2/2019 14:28

need to get on leaderboard for more attention very quite at moment here lse and twitter

[sigora] 05/2/2019 14:03

in auction again

[dave4545] 05/2/2019 13:24

7500 max buy 7.168p online

[babbler] 05/2/2019 13:06

or actually wait for the price changing news? £3m mcap with cash of 3x that and a sale of assets going through.. why sell now Ffs? No patience these days lol.

[dave4545] 05/2/2019 12:19

Never understand the timing there. The price is moving and every chance of a spike and somebody holding 32,000 sells a few mins after the tick up. I'd have backed off a bit for a while and see if the chasers arrive to send it higher

[babbler] 05/2/2019 12:17

yup. Now moving... at last. Cash here is 3x current price

[ayesha4] 05/2/2019 09:50

Multiple competing offers at more than the current market cap.This could move massively quick

[noirua] 02/2/2019 15:52

Global ( NAUT ) is currently a developer and seller of hydrocarbons and related products. The Company's portfolio includes exploration and developmental drilling opportunities in Colombia, South America. The Company currently holds two contracts: the Bolivar and Bocachico Association Contracts, both in the Middle Magdalena Valley of Colombia.

Global Energy Plans Seismic Acquisition at Bocachico Area
24 May 2011

Contract Crude Sales - 2006

[noirua] 02/2/2019 15:16

“Following these initial evaluations, the board and management team at Nautilus believe the sale of the company's assets in the Middle Magdalena Basin presents a significant opportunity to realise cash value from these non-strategic assets while eliminating the associated annual operating costs and future abandonment obligations,” the Nautilus board said in its statement.

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The Middle Magdalena Valley, Middle Magdalena Basin or Middle Magdalena Valley Basin (Spanish: Valle Medio del Magdalena, commonly abbreviated to VMM) is an intermontane basin, located in north-central Colombia between the Central and Eastern Ranges of the Andes.[2] The basin, covering an area of 34,000 square kilometres (13,000 sq mi), is situated in the departments of Santander, Boyacá, Cundinamarca and Tolima.


The Company holds two contract areas in the Middle Magdalena region of Colombia: the Bolivar Association Contract and the Bocachico Association Contract.

Global Energy Sells 50% Interest In Bocachico Contract Area To Everest
8 May 2014


Global Energy's Farm-Out Agreements With Everest Get Terminated
8 January 2015

LONDON (Alliance News) - Global Energy Development PLC Thursday said the farm-out agreements for its Bolivar and Bocachico association contract areas in Columbia with Everest Hill Energy Group Ltd have been terminated, due to a significant fall in crude oil prices.

"All future obligations by Everest to undertake the future funding of a work program with respect to the contract areas, including an obligation to pay all future costs and expenses incurred with respect to the proposed operations, have been released with effect from December 12, 2014 in exchange for the return of the 50% interest in Global's interest in the contract areas," Global Energy said.

Crude oil prices fell sharply in the fourth quarter of 2014 as robust global production exceeded demand. After reaching monthly peaks of $112 per barrel (bbl) and $105/bbl in June, crude oil benchmarks Brent and West Texas Intermediate (WTI) fell to $62/bbl and $59/bbl in December, respectively.6 Jan 2015
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May 2017:

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All ships listed here, pages 9 to 14:

[noirua] 31/1/2019 17:22

How much are the oil assets likely to be worth? On delisting, ZOL major shareholders in concert hold nearly 93% and nothing so far. UVEL major shareholder has 72.9% - Hong Kong, so takeover rules don't apply.

[eezymunny] 29/1/2019 15:33

I wonder if they'll delist. Could be done very quickly given related party holdings:

www.nautilusmarineplc.com/investor-relations/aim-rule-26

Total Parties in Concert 35,091,606 72.15%