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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Neptune Min | NPM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1.125 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.125 | 1.125 |
| Top Posts |
|---|
Posted at 03/1/2009 13:25 by dcomd99 No I didn't. I hope you weren't burnt. I don't hold, but kept an eye on it because of my interest (and holding) in NUS.I still think a merger would have been better for NPM. Undersea mining is an expensive business. |
Posted at 02/1/2009 17:58 by dcomd99 What's the possibility of a merger of NUS and NPM? No cash implications. Some staff from NPM can keep their jobs, and NUS gets more acreage for peanuts. No sane investor would put cash into NPM. Much better to talk to NUS and finance them sufficiently to get to production. For example £10m might buy you 10% of NUS, worth £20m in cash |
Posted at 21/9/2008 14:25 by dcomd99 Mattybuoy,I agree NUS could take over NPM. However, what's the point (except providing NPM holders with some form of exit). NUS have far too much to area develop anyway. Assuming it works to plan, the company will rapidly need to spend money to accelerate the development. The one benefit it would provide would be further country diversification. |
Posted at 09/9/2008 13:31 by mattybuoy So ... Thought arises once more in the bleak desert that is the NPM board.Ignoring the warrants, Neptune now has a market cap of about $20m. Nautilus, on the other hand has well over $200m in cash. Surely that must be tempting, and spending that amount would hardly affect Nautilus' plans, given that they have now arranged a non capital-intensive leasing arrangement for the mining ship. I doubt the various competition authorities would even notice, much less object. |
Posted at 20/9/2007 13:45 by calmtrader NPM seems to be making good progress and still has £5m left |
Posted at 24/6/2007 23:41 by mattybuoy Neptune mentioned in Minesite weekly roundup:Shares in Neptune Minerals (AIM: NPM), the undersea mining company, rose 13 per cent to 36.25p after a subsidiary of Newmont Mining Corporation subscribed for £2.5 million worth of shares in the company at a price of 36p. Newmont has also been granted the right of first refusal on joint ventures over Neptune projects within New Zealand, Japan, and Papua New Guinea. |
Posted at 19/6/2007 08:35 by champnchip "yes I think 2nd mover has a lot to recommend itself." Morning, i thought this must mean neptune,but their rns says they were first ,how come nautilus have got ahead .How far will the fund raising get them(NPM),i'm thinking they may find themselves going through 2.5 m fairly quickly .I'll try to contribute something soon and not keep tugging at your coat-tails. |
Posted at 18/6/2007 08:14 by mjcrockett Interesting to see Newmont buying in today at 36p. Quite a vote of confidence buying into NPM at this early stage.MJ |
Posted at 30/5/2007 12:56 by rapier686 And I've read the transcript (excellent that they provide one). He has a something of a standard spiel doesn't he, I wonder how many times a month he produces it.I note: Q. You're not alone in this sector - there's Neptune Mining who've also completed test drilling - how important is it to you to be first? A. We certainly don't think we'll be alone for long - move into standard 'new industry' & 'peg all the ground' pitch. No wasting airtime on NPM! Q. What about environmental concerns? A. What they forget of course is that things like the dredging industry does 2bn tons a year off the sea floor, generally close to where people live Which seems a rather good point to me. I must put my hands up to the warrants markup - with the continued rise in the ords I thought it was time to swap virtually all my remaining ords into warrants. |
Posted at 21/5/2007 15:40 by mattybuoy Here is a quick market cap comparison between NUS and NPM.NUS: Fully diluted shares = 155.144m giving a market cap of US$668m or so. NPM: Fully diluted shares = 94.900m giving a market cap of US$52m odd. So ... Using a rather simple logic that assumes a best case scenario of NPM correcting upwards to NUS's valuation over the next 3 and a bit years, we have at least a potential ten bagger on our hands. Which, for the warrants would translate into at least a 25 bagger. Note I said "best case scenario" ... Bearing in mind we don't have the TSX punters to push it along, and with all the things that could go wrong I don't actually expect a result like that. A five bagger on the warrants (equivalent to a market cap of US$140m) will do just fine ;) N.B. Figures assume no further dilution. |
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