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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Neptune Min | LSE:NPM | London | Ordinary Share | GB00B0LHS387 | ORD 0.5P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 1.125 | 0.00 | 00:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 1.125 | GBX |
Neptune Minerals (NPM) Share Charts1 Year Neptune Minerals Chart |
|
1 Month Neptune Minerals Chart |
Intraday Neptune Minerals Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 03/1/2009 | 20:31 | Neptune Minerals | 181 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
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Posted at 03/1/2009 18:27 by dcomd99 Nautilus is my second PP share comp entry (Houndstooth2). I should have sold on the way down, but I thought the cash would support it. Strangely, I think the credit crunch helps NUS. They aren't mining, so don't care what happens today. It puts pressure on suppliers (1)they need the business (2)they want to get a toehold on this "new world" (3)competitors can't raise cash.I think they must be close to financing everything now. Mining tool ($50m), Riser ($116m), Total cash $266m. If they can get a good deal on the ship (especially in the first, most risky year), and keep running costs to a minimum (minimal exploration), perhaps they can afford some simple processing. I don't think processing should be too expensive. It's soft, so easy to crush, just pour acid over it, and precipitate it! (OK, I'm sure it's not that easy!). Because the ore is so rich, the plant can be quite small=lower cap costs. |
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 13:25 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 12:31 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 24/7/2008 15:10 by mattybuoy Hmm, good job I don't look at the price of this very often. Ouch!The warrants are now trading at more than the shares too! Bizarre. |
Posted at 20/9/2007 12:45 by calmtrader NPM seems to be making good progress and still has £5m left |
Posted at 24/6/2007 22:41 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 18/6/2007 12:08 by rapier686 Yes, odd lack of reaction. It's been a case of "if you want a share buying, buy it yourself" for me as I've bought back the 38k I sold 3 weeks ago to finance my warrant splurge. I've got enough already but the tax effect's rather pleasing (restoring the December date for BATR and realising a CGT loss on the repurchase instead of a gain on the sale).I don't quite get your point on the exclusivity it seems pretty closely modelled on Nautilus's AA deal. Neptune : "Neptune has granted to Newmont the right of first refusal to negotiate a majority interest in joint ventures on Neptune projects within New Zealand, Japan, and Papua New Guinea. Newmont has agreed a non-competition clause in the Exclusive Economic Zones of those countries" Nautilus : "subject to Anglo entering in to a non-compete agreement, Nautilus would offer to Anglo the opportunity to enter in to a Joint Venture should Nautilus consider entering in to a Joint Venture on any areas over which it held exploration rights or applications for such rights on October 20, 2006" Neptune : "Newmont has agreed to conduct metallurgical test work on the bulk SMS samples that Neptune intends to collect during the current Kermadec 07 exploration work program. Newmont may also second, at its cost, specialist technical staff to Neptune to assist the Company with geological, engineering and metallurgical Studies" Nautilus : "Anglo may assist Nautilus in its development of Solwara and other projects by seconding personnel with specialist skills to the project at Anglo's cost" Neptune : "Newmont has been granted a non-dilution right that will enable it to maintain ownership of 10% of the outstanding shares of Neptune, by subscribing for further ordinary shares as and when and at the price at which any ordinary shares are issued by the Company over a two year period following the placement" Nautilus : "Anglo has been granted an anti-dilution right that will enable it to maintain its percentage ownership in the shares of the Company until October 31, 2008" Note the Anglo agreement didn't stop a similar one for Teck: "Teck Cominco will have the exclusive right for a term of five years, to form joint ventures on tenements acquired by Nautilus in certain countries since October 20, 2006 ("New Tenements")." And likewise Neptune might be lining up further applications. |
Posted at 21/5/2007 14:40 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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