Think about it KS, if arbitration comes out and we get full back pay maybe plus some interest. JOY! That is what everybody wants. Now they are funded and can get going! JOY! PNG turns around and gives them $120 million and the project is back on track with PNG a 30% partner. Do you think that NUS is going to turn around and sue their new partner for damages? Putting a massive black cloud over their business again?
The CONTRACT is in arbitration, NUS isn't taking PNG to court. The arbitrator will decide what is right and wrong with the contract and nothing else. That is their job. They don't deal with 'everything else'. NUS agreed to arbitration when they could have not and dissolved the contract and moved on with a different business strategy. They chose this course, the delay and the dissolution to pay for equipment, that was Nautilus' decision. I know your point as a shareholder but we don't count and the world runs the way it runs.
You not a troll. I can't stand trolls, ruins virtually every message board out there. Hop on over to the BAC board and you will see 100's of bty's.
M4M, SBM and SSD amoung others are NUS gods actually, I don't drum up much other than opinion.
Don't bite SSD. Bty is a knuckle dragging oxygen thief desperate for a reaction so he can get his jollies. I apologize to the board for inviting him over. I suggest everyone just add him to your ignore list, he has absolutely zero to add to the NUS community other than spam and frustration. He is a troll.
There is one very realistic, very bad thing that could happen to NUS if (once) it gets the money from PNG. The lying and poor management leave it a sitting duck. It would suck big time but it sure is a candidate. Johnston you have left us with a massive target. Hopefully the Canadian side of non-litigation will prevail.
This is great news! MB and Metalloinvest getting involved and placing some hard hitters on the board to protect their investment and ensure success. Which does the same for us shareholders. No more screwing around they have a board to report to now. Looking good going forward.
"Boat already in hand"? Then you know something we don't. Please share these facts you know about the boat.
They were forced to state by the TSX that they didn't have any knowledge about why the price more than doubled. They aren't going to say anything about incredibly low volume, single digit percentage decreases (or increases) in the stock price.
You actually expect them to respond to "traders traded $20,000 in your stock today sending it down 6.5%, any comment?" When 2 cents represents 5%? Get a grip.
NUS likes dropping the bomb, negative (ship build and contract dispute on the same day) maybe they will do it for the positive as well. Johnston is incompetent, in my opinion a push-over. His HRT is because he IS lying, not because it is a leadership speaking technique.
IMO, on the cautionary side, 60+ cents on positive resolution. $1-$1.25 on positive boat build critical path. If have a plan intact great, if they "need to figure out" the boat after positive arb then more waiting and volatility. This would follow the price model of what occurred prior to everything going to #$%$. Equipment and boat build on track with mining permit and contract with PNG in hand, we were holding $2.25 to $2.50 prior to one half dilution. If everything is bloody fantastic with NUS and PNG then progress with with equipment could see it higher but there is still the boat... will have to see what team Mike and Shontel have come up with when they start speaking to shareholders again. How quickly can they retrofit something? I have no idea. Yayers? Nayers? I know Kingsalt has it modeled $35+ after arb. jk, KS.