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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: jackjc who wrote (86560)7/7/2007 1:39:26 PM
From: zebra4o1  Read Replies (1) | Respond to of 313851
 
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.



To: jackjc who wrote (86560)7/9/2007 3:58:02 PM
From: ogi  Respond to of 313851
 
Off the top of my head NUS has about $250 mil cash, or around $1.65 a share. The exploration schedule calls for around $17 mil
for 07 -08. So the properties are being valued at what $390 mil??

Not cheap but IF all comes together it will be:)


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