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Nautilus Minerals AGM to be held June 16, 2015
#5

Sure, if I can make it. Let's get the list of questions going. After that report I am having trouble thinking of any. Other than "How are you going to raise the funds required to take us to first ore?" They danced around this last conference call. I imagine they will dance around it again until they actually make the final decision. This seems to be NUS's M.O. but maybe it is required for dealings in PNG. I for one am not happy about them continuing the exploration project without having financing in place to see the project to prosperity. I know it makes good business sense to continue to explore but they have MASSIVE granted tenements already. Ones that need to come online and get proof of concept. Wouldn't it be ridiculous if they had to dilute again or couldn't finance the project to completion because of exploration costs made in the three years waiting to build the PSV? Can some one with better accounting skills explain this to me: "Long-term liabilities Long-term liabilities increased to $65.1 million (2013 - $10.7 million) with recognition of the liability for the project partner contribution of $60.2 million, being the non-current unearned amount of the State’s equity contribution for the Solwara 1 JV."?

Detlef would be more awake than me for the 7am call, isn't that 2 or 3 in the afternoon for you?

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RE: Nautilus Minerals AGM to be held June 16, 2015 - by Monk3 - 05-21-2015, 04:50 AM

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