Nautilus Minerals Share Discussion Threads

[andrbea] 12/7/2010 13:53

recent articles

[dcomd99] 09/7/2010 21:28

Up 9% in Canada tonight. $2.29=£1.46

Quite high volume too

[mattybuoy] 08/7/2010 11:31

The greenies were never going to like it. However, the PNG gov has issued the Environmental Permit for Solwara-1, that's what matters.

[andrbea] 08/7/2010 11:22

since this (anti-)article came out the share price has soared:

[andrbea] 08/7/2010 11:17

wrote this yesterday to cr thread


compare the copper grades between a land-based project (one of afe's projects):
MOKAMBO - Zambia Polygonal deposit estimate: 16.4Mt @ 2.19% copper

and the oceanfloor project (nus):

poster on nus thread:

smarm - 6 Jul'10 - 14:51 - 443 of 445


Look at the size of it....

From that minesite piece:

"Back of the envelope calculations show that annual production from Solwara 1 could amount to 81,500 tonnes of copper and 185,000 ounces of gold. That production rate is based on the deposit having an indicated resource of 870,000 tonnes at a grade of 6.8% copper and 4.8 grammes per tonne gold, as well as an inferred resource of 1.3 million tonnes at a grade of 7.5% copper and 7.2 grammes per tonne gold, as estimated by Golder & Associates in 2007. With gold at US$1,243 per ounce, and copper at US$6,635 per tonne, the total annual revenue of US$785 million that might be expected puts the capital costs of the offshore production system into perspective. "

And market cap is 193m, including 129m of cash.

Interesting.

[smarm] 08/7/2010 11:04

wols/dcom - thanks. I recall they spoke at Proactive and I had a good chuckle at the idea but from the RNS' I can see things are moving. And yes, watching BP's live ROV feed opened my eyes to what can be achieved. I have put a tentative toe in the water (boom boom).

S

[dcomd99] 06/7/2010 19:16

$70 costs and ore value about $500.
Solwara1, 2, 3, etc

I have also held for years. At some stage, investors will get really excited about this share. This is the ultimate "castle in the sky" share.

It probably won't be this year, or next year, but sometime this will really take off. I think it will take off in the year prior to production starting.

We have all seen what BP can do with ROVs. This is similar but much simpler. BP have been doing something similar to "car maintenance" in deep water. NUS need to "empty the compost pit" in deep water.

[wolstencroft] 06/7/2010 16:27

smarm - they've been like this for years though as no one believes that they will actually make it work.

They realised a few years back that they would have to get a JV partner in to help fund the mine - their plan is to get this done and prove the concept and then they are sitting on some of the most valuable mininig real estate around, which they can JV off or simply sell for a royalty / NSR.

I one estimated the the share price could easily hit CAD$20 when in production.

I hold a few and have for years.

[smarm] 06/7/2010 14:51

Look at the size of it....

From that minesite piece:

"Back of the envelope calculations show that annual production from Solwara 1 could amount to 81,500 tonnes of copper and 185,000 ounces of gold. That production rate is based on the deposit having an indicated resource of 870,000 tonnes at a grade of 6.8% copper and 4.8 grammes per tonne gold, as well as an inferred resource of 1.3 million tonnes at a grade of 7.5% copper and 7.2 grammes per tonne gold, as estimated by Golder & Associates in 2007. With gold at US$1,243 per ounce, and copper at US$6,635 per tonne, the total annual revenue of US$785 million that might be expected puts the capital costs of the offshore production system into perspective. "

And market cap is 193m, including 129m of cash.

Interesting.

S

[fillipe] 06/7/2010 14:38

Matt, thanks....one of the few occasions when I didn't look far enough at earlier posts. Doh....

f

[smarm] 06/7/2010 14:22

Cinoib - thanks, really useful summary that explains why this is rising.

S

[cinoib] 06/7/2010 12:10

Maybe this has something to do with the rise. Just read it yesterday sounds interesting.

[andrbea] 06/7/2010 10:04

July 6

In Event Horizon, worldforallpeopleorg gave us the skinny on Mining copper & gold under the Deep Blue Sea: "If one stands back and looks at the ways of the world, deep water seabed mining is an unstoppable series of events on our horizon. Planning and technologies have been under development and heavily invested in for a long time. A Canadian/multinational company Nautilus Minerals is well ahead of what China is planning, ready to go in Papua New Guinea. And the inevitability of seabed mining can be seen in its own literature: Nautilus Minerals estimates in a September 2009 corporate presentation that 'thousands of underwater sulphide systems exist,' and 'if only half of underwater systems are geographically viable, seafloor production would represent several billion tons of copper per annum.'"

[zangdook] 06/7/2010 08:02

If you look at the chart, fwiw, there was a bit of a rush up from 90 to 140, so a chartist might make a case that it's been filling the gap and now it's due to go back up. Not that I'm a chartist, just an optimist.

[dcomd99] 06/7/2010 07:55

"This is a no brainer"

Does this mean its for people with no brain?

Any suggestions on how high it could get, or will it collapse back to 100p? I wouldn't object too much if it went up by only 1000% (I can dream). Could be an entertaining few days though.

Will some people buy simply so they can sell to these mugs? (I must stop dreaming like this)

On a more serious note, I would be surprised and horrified if NUS management knew anything about this "promotion".

[zangdook] 06/7/2010 07:53

Yes, but not quite as much as they need (IIRC they have $1xx million and need $3xx million) so it's a possibility.

[supreme mo] 06/7/2010 07:16

Not sure if the note has been released for a capital raising purpose - the company seems to have a decent cash pile doesn't it??

[mattybuoy] 05/7/2010 23:52

It's linked above, post 426 ...

[fillipe] 05/7/2010 23:34

There's a mention Sunday 1309hrs, on iii, about a Stansbury (U.S?) tipsheet on NUS maybe being one of the reasons for the uptick - also comment there on China's interest in the seabed.

f

[smarm] 05/7/2010 15:58

'ello, wakey wakey....

Stock up 26% for no reason...someone must be holding it and know why?

S

[smarm] 05/7/2010 15:31

Aha. Does that 'ramp' explain the move today?

So what's the story here?

S

[mattybuoy] 05/7/2010 14:21

It is amazing. I've not yet come across one of these newsletter tips that wasn't guessable.

Don't complain! ;-)

[zangdook] 05/7/2010 14:11

It hurts even more to read it than to have it playing in the background. If I understand right they want $3000 to give out the company's name.

[mattybuoy] 05/7/2010 14:04

Note.

If you try to navigate away from the page containing the video (linked above) it presents you with the text version. So you can read the guff at your leisure ...

It looks like they will be pumping NUS until at least the 12th July.