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Nautilus Minerals Inc T.NUS

Sector: Metals & Mining | Sub-Sector: Industrial Metals & Minerals
Alternate Symbol(s):  NUSMF

Nautilus Minerals Inc., is an offshore mining company engaged in the exploration and development of Seafloor Massive Sulphide systems, with a copper-gold project, in Papua New Guinea and further licences and exploration applications around the world.
Price: $0.52 | Change: $-0.02 | %Change: -3.70%
Volume: 12,017 | Day High/Low: 0.53/0.52 | 52 Week High/Low: 0.79/0.20


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Other licenses for deep sea mining BBC article

http://www.bbc.com/news/science-environment-28442640 Ship announcement between now & November...Hold the course will be Solwara 1 mining end of 2016! Chico  rate and reply
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Financial Post article

http://business.financialpost.com/2014/06/25/nautilus-minerals-inc-says-its-poised-to-begin-undersea-mining-following-dispute-settlement/ Perhaps a ship in secured by November and perhaps mining by...read more
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RE:RE:RE:RE:Still In

Hey thanks for your reply. I am familiar with Escrow Accounts and I agree with everything you say. However, we still do not know who controls the account and regardless of for example Canadian laws...read more
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RE:RE:RE:Still In

Escrow accounts are held by "3rd" parties with strict legal obligations to effect the terms and conditions agreed to by the parties. Often the third party is a trustee.  I don't know who the third...read more
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RE:RE:Still In

I checked the NR again and all it says is that the funds were put into Escrow. There is no mention of a bank or trust. Who controls the Escrow Account? What bank were the funds placed into? What...read more
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RE:Solwara 1 eyes 2016

2016? Sounds way too optimistic. One cutter is here, second robot almost here and third is not. No even order on the ship which will take more than couple month to build (it is also very specialised...read more
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RE:Solwara 1 eyes 2016

Why was this not reselase as a corporate NR?  rate and reply
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Needs long term view

There are so many people wanting out of NUS rught now.  It must be that they have no patience becasue the recent news has been good.  rate and reply
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Solwara 1 eyes 2016

THE seafloor production tools for the Solwara 1 project by Nautilus Minerals are 90% complete with production expected in 2016, country manager Mel Togolo said. He said the project has been gaining...read more
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Collecting Machine assembly has commenced at SMD

Toronto Ontario, May 28, 2014 - Nautilus Minerals Inc. (TSX:NUS, OTCQX: NUSMF) (the "Company" or "Nautilus") announces that the assembly of its second of three Seafloor Production Tools ("SPTs"), the...read more
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PNG LNG ships first cargo

LNG revenue should be flowing into the PNG governments coffers now. Totally different situation than a year ago when government finances were tight. GDP of PNG doubles overnight - seriously, 2X times...read more
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RE:Still In

Bank or Trust hold cash and using contractual terms control it. This is a VERY positive step for NUS . If NUS satisfy contractual terms, cash will be transfered to NUS account even if PNG will protest...read more
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RE:RE:RE:6 month clock starts

Thank you for clarification.  rate and reply
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RE:RE:6 month clock starts

I'm not worried about that, I think it relates only to patents to be held by the equipment suppliers.  It seems to be far more of an issue for PNG than for Nautilus, national pride v.s. any...read more
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Still In

I still own some after 6 years. Who controls the Escrow Account the PNG I think. Am I wrong?  rate and reply
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RE:6 month clock starts

Does anyone knows what is the "certian intellectual property rights" are in our situation. I do not worry about vessel order, practically necessity, it is also easy to satisfy item. The "rights...read more
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Q1

Nautilus Minerals files Q1 2014 results, no details 2014-05-12 07:31 ET - News Release Mr. Mike Johnston reports NAUTILUS MINERALS ANNOUNCES FINANCIAL RESULTS FOR Q1 2014 Nautilus Minerals Inc...read more
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RE:6 month clock starts

I like the fact that Nautilus and the major shareholders will be motivated to get everything moving as fast as possible. This is what is need.  rate and reply
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6 month clock starts

"The funds will be released to Nautilus, and an unincorporated joint venture between the parties for the continuing operation of the project shall be formed, if within six months of the funds being...read more
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RE:RE:RE:RE:RE:PNG share of Solwara 1

I am not sure that revenue is requirement. I have one on NYSE research biopharma. NASDAQ requires $1, NYSE maybe more. Avalon (Rare Earth developer) is also on NASDAQ. Reverse split, say 1/4 can take...read more