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Strategies & Market Trends : Ride the Tiger with CD
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To: jackjc who wrote (86560)7/7/2007 1:39:26 PM
From: zebra4o1  Read Replies (1) of 313856
 
Nautilus reminds me of the stone soup story. The Jan de Nul deal was what originally gave Nautilus the credibility that led to the Anglo American and Teck Cominco deals and raising $200 million. Now it turns out that the Jan de Nul deal was not as solid as it seemed. But now Nautilus has the partners and money and doesn't need the Jan de Nul credibility quite as much.

Wonder what is going to happen to the planned ship, the Jules Verne? Supposedly Jan de Nul already signed an agreement with a spanish ship yard and has ordered the long lead time items like the engines. Nautilus's web site had all kinds of cool engineering drawings for the ship.
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