Let's see if these conferences can generate some share volume!
Monday Morning everyone.
Interesting find Marko, thanks. Guys, hack on the the article, not the guy providing it...
A marine sedimentologist at Seoul National University. University guy, choosing to follow his dreams of analyzing sediment. Surprising that he would make such an uninformed statement with no scientific follow up for a research scientist.
"The ministry’s hold is so complete that in 22 years of operation, no academic researcher outside KIOST has ever led a cruise."
This really is a piece about in-fighting in South Korea between the academics, the oceans ministry and KIOST. I find it amazing that NUS was mentioned. Nice catch.
Maybe everything was lost in translation but the "demonstrations" comment was like we were hearing it from some blogging NGO hack not a 'leading scientist'. At this point, I think it's great that the Asian scientific community asks and answers about NUS. Time for North America and the rest of the world to wake up and start committing to investing in new, ground breaking (no pun) technology that is going to have a massive impact on the mining industry and the environment in a positive way. I'm going to quote this 'academic' and email him in 3 years and ask, "How could you have been so unintelligent?".
Maybe their tried and failed nodule gathering program in the 70's is what he is basing it on. No idea...
Well, I got stuck holding my shares so far, I won't sell anywhere near recent prices. I'm not concerned about it though.
News worthy catalysts will be PNG taking or not taking their 5, 5, 5. That is happening near term.
As more and more equipment comes on line and is successfully tested, those will be things we can ooh and ahh over the next 20-26 months. How successful with their PR campaign will be up to NUS if they actually roll one out.
As more equipment and partnerships come on line, I believe the PPS should be effected. Once NUS becomes known and people realize the progress that is being made then traders should start trading it and the volume will come up making NUS a much more healthy publicly traded company. In my eyes, the stability this stock has shown considering the volume has been unique and pretty amazing.
A time gap, if there is one, I think will be between approx. 16-18 months from now and could last a year. Right now, there is tons going on and going to be going on with the company IMHO. :-)
Ol' cousin Jerry does get around a lot unbeknownst to himself I must agree. Well, I and Mrs. Maui agree... a busy, busy man.
On a serious note, I am very happy NUS quickly returned to a tightly held stock where people have to pay for it it if they want it. Those 800,000 shares were strange, I didn't really believe NUS fit into the "tax-loss" end-of-year selling category last year. I guess some people took some heavy lumps trying to get those numbers on the books.
This thing is going to happen, people realizing it can't be at first ore, can it? People aren't that mentally challenged are they? Then again there was 2008...
Happy Holidays everyone! Okay, no thinking about Nautilus for 8 days... GO!
Great year last year. Here's to 3 more good ones. Best wishes to everyone for the New Year.
No. A small amount of small investors are selling their small amount of shares to other investors. There will be many, many catalysts between first ore and now that will effect the stock price. There were people who got in for the short term, and are now getting out. No big deal. I am surprised that the stock price is dropping so much on tiny volume but in the same mind set, it should go up the same amount on the same type of volume once they are cleared out.
Look at the share amount per trade. $3000 worth? $4000?
Usmanov? Really? Come on.
Well, they could if they had a couple hundred million in funding (I agree, isn't much) explored and assayed an area (maximum 2600M), applied for a mining permit, got approval from the ISA, got an exhaustive environmental permit, built some type of cutting machine then bought a SWIRE machine and bought a vessel that could handle the cranes and the recovered ore. Wait! That is sounding mighty familiar... :-)
Although after watching this video I kind of feel like seeing if they could build a 4000M+ machine for me, throw it on a vessel and then head off to Clarion Clipperton to Hoover some nodules... all day long.
Makes a good parallel for the gold rush. Yup, pan wielding entrepreneurs went out and made their living but the ones wealthy and well prepared threw the pan away and built a mine with all the equipment so that they had a proper company that could mine the entire site for years or even decades of returns.
I did say this quite some time ago though. Take a country like Japan that has great education, great engineers, great work effort, virtually endless funding, and low environmental morality they could be up and running a NUS equivalent in easily
Love it!!! That looks awesome. Depths of 2600M they say. I wonder how much power it requires. I know NUS' recovery solution is quite different but I would love to see the scale difference between that machine and NUS's RALS.
The world seems to price the Canadian dollar directly with the metals market. Gold at 1800, CDN 0.92. Gold at 1150, CDN at $1.1650. It is always a pretty large overreaction but we don't seem to mind as it drives the demand for our non-metal exports which we actually have lol. I mostly buy US stocks, even Canadian companies, I will trade in their US equivalent instead except for Nautilus. Paying currency exchange rates in and out of an order can take your profit away, so for anything longer term I buy on margin, it works out great tax-wise up here (interest expense is written off 100% against your net income vs. capital gains) and you avoid the currency exchange x2, just x1 if you want your profit out. Alas, they won't give us margin on anything under $2.00 anyway. Also, depends on the amount. With large money amount exchanges you can get preferred rates which are minimal %'s. Smaller and you are paying 3% in and 3% out. I prefer the TSX for Nautilus, it is the exchange for our country and for Nautilus. TSX investors were the only ones that got the rights when it came to dillution (which kinda didn't end up mattering) but it gives a me a idea of how the company treats which investor.
@Moonrava, sorry for any misleading info last night. I was just trying to think off the top of my head for a list of 'project-ending' risks (risks that were not outlined but were SO high that the blogger thought they could take the company to zero). You are absolutely correct, pumping, not suction. Although, the term error doesn't remove it from the list of risks. The pump could not work properly and that would stop the stock in its tracks and be a real issue if the problem was because of the installed power plant. I and it seems MAC now have enough faith in the engineering of the project to continue forth. My peace of mind means nothing to the outside world, but MAC's willingness to take on a ~$250million ship build for $28million addresses the engineering risk loudly.
Bob, what is your end game here? Obviously you have no idea or are drunk at this point and just blathering on and being trollie. An investment is an investment only if it pays a dividend? ermm... no. Apple just declared a dividend in 2012. Was it a not an investment before then? Microsoft split every year for 11 years, no dividend... Nobody could/should invest in these companies? They aren't real "investments"? What do dividends have to do with Nautilus Minerals? Do you think we are investing in this in hopes of getting a dividend some day? Yikes.
You are talking B.S. and being rude (from the beginning). Re-read your posts, like I said before, what is your purpose? Sorry your current situation is making you like this. Hopefully 2015 will be a better year for you. Have a Merry Christmas.
15 years of trading, constant 60-80% returns, you sound like a smart man. I just never met one that when replying to someone's question they finish their response with "DUH!!!". I guess you are a different type of smart man.
I do agree your outlook regarding the USA's artificial economy and the forth coming large correction. I disagree with Nautilus being a "lottery" stock (other than to describe the windfall of money shareholders will receive after first ore). Lottery risk here is one in 13 million. I don't see those odds for Nautilus shareholders.
Google, Facebook, Twitter, LinkedIn to name just a couple. Companies that initially made ZERO earnings. Now they are worth billions. I am not a metals trader really, but isn't that the entire concept of a mining junior? Zero earnings with the hopes of making money on their stake? Sure is a lot of action in those stocks without them even breaking ground or buying equipment... Story stocks. Difference is our "story" stock has over a hundred million in cash and a couple hundred million in equipment, a mining permit, an environmental permit and extensive (to say the least) assays.
Here I am selling you on NUS! LOL! Do what you want, good luck in your investments. Is it a good use of your time to answer an inconsequential question on a stock board where you have no holdings in a demeaning way? NO! - DUH!!!
Yah, me too. i made blah blah and blah blah on everything forever and have installed a diving board into my 'McDuck all-cash swimming pool'.
I imagine you mean revenue because there sure are a ridiculous amount of stocks that go WAY up without earnings or even a huge loss. Earnings can be great but so many times I have seen where earnings are high but outlook is different than expected and the PPS goes down. So higher earnings don't mean a higher PPS as you seem to be trying to state with the grade 6 'obviously' grunt of "DUH!!!".
I SPECULATED that NUS' PPS was going to be much higher in the future so I bought. Doubled my money, yet they still had no earnings. - BURGF!!!
They just sold something for $120million... is that not earning money? - HUHPFFT!!!
I can state my opinion intelligently without being offensive and realize that 1). I may have not have all the information. 2). May not have completely thought it through 3). I may not be the smartest guy in the room. - DOH!!!!
If you have a crystal ball, please share. If you have a formula where the direction of the PPS can be known by earnings alone, let the world know. Then the rest of us (human population minus 1 bob) can stop SPECULATING. - Gonna stop with the grunts... ran out of steam.
Thanks for all your recent posts Mark.
With the ship alone costing 73 million a year, I think the costs will be higher, but it won't matter. IMO, if they bring up ore even close to the grades that were sampled, I'd imagine that the P/E would be closer to Netflix. If they can get it done, it is going to spike big time and probably keep going. I would say $15 to $60 a share minimum, but thinking about what this stock might be in 3 years is a really bad investment mentality. If now is only a waiting game for some, I suggest some focus on making other good investments and making money over the next couple of years. Counting chickens without even a coup? Speculating on how many eggs are going to hatch in three years? I guess it is fun, but it is a dangerous mindset for a stock trader.
I don't see the risk that some here and others have said elsewhere (like the excerpt from that blog). There is some startup risk in the engineering and deployment but they will work the problems until they are corrected.
Machines don't work. Highly improbable
Not enough suction. Possible issue.
No ore. Highly impossible.
Not as much as they hoped. Possible.
Ship and equipment destroyed by a Kracken. About as likely as the above risks.
Pirates! Why has no one addressed this risk?! Count me in! Arrr matey!
"Going to zero." LOL. You guys didn't spend enough time in the tech bubble 15 years ago! This is well... past the idea stage.
They will have around $200+(?)million in assets and the largest tenements in the world. How can that be worth zero?! It makes me think (like that blogger) that they simply don't understand, haven't taken the time to do their DD and are helicoptering the company when statements like that are made.
If we are just having a chat, then I would ask this from the board: What is going to happen to the big land-based mining companies and their share price once NUS is successful? A 1x P/E multiple? Existence?
Good luck to everyone.
Good guesstimate. How bad is the monsoon season in PNG? Do you think they will have to shut down for a time?
I have got to be optimistic. Feb 2018. Since they have almost 3 years to test the main components, also assuming they did simulated testing during fabrication, I would hope most of the trails and testing would be completed on vessel delivery. First Ore for me is the first successful test of bringing up stuff with good things in it at Sol 1. Once they announce that they have successfully brought up metals from the sea floor using their equipment... BOOM.
SSD, in response to your topic that The Yahoo didn't like:
Same here (re: "Beginning the marketing campaign). Was going to ask about it then he addressed it. Couldn't think of anything that needed asking. Pretty great call, everything is on track. Was hoping for a little more back and forth but I guess that sums it up until we have a look at the ship contract. Hmm.. could have asked that I guess, you guys should know... What does a buy out at the end of the 5 terms equate to when it is "20- 30% of the daily rate". $73 million x 5 years = $365 million so... 20- 30% of that number? I'm totally guessing.
Full scale loop testing was completed. Wasn't that news worthy or did I miss it somehow? Will have to go to the site but I think that was outside the scope of ship negotiations and they could have done a news release.
Yes M#$%$rk but #$%$s displ#$%$yed in the previous thre#$%$d, you #$%$re #$%$ generous soul. Th#$%$t being s#$%$id I don't think you took "cheerle#$%$der" too much to he#$%$rt, you just deleted my thre#$%$ds somehow... still trying to figure th#$%$t one out. I think it w#$%$s in the d#$%$ys of The Y#$%$hoo 1.0, the NUS glory d#$%$ys of D#$%$vid Heydon!
W#$%$tch out for ^^this^^ one people, hyperlink stylist, question fielder, post deleter, he's got skillz!
I imagine that we will get a LOT of visitors that don#$%$ add anything, demand answers that they are too lazy to google themselves, start with the name calling, come looking for a fight, come only to misdirect to another stock/website, etc.. I've seen many other boards devolve into a state of uselessness because of this. I think the most effective thing we can do is... Don#$%$ ever feed the trolls. Attention is what they feed on, and if acknowledged, they won#$%$ go away. Thumbs down, report abuse, then ignore. 'The Yahoo', as SSD so accurately calls it, should take care of the rest.
Hope to hear you all on the conference call tomorrow! The PR drums need to start beating...