Sunday evening news for me.
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12-03-2018, 09:44 AM
12-03-2018, 09:49 AM
All is definitely not lost yet! This update makes sense to me.
12-03-2018, 10:03 AM
I couldn't read it. It just opened gmail
12-03-2018, 10:18 AM
'sycamoresouth' pid='82529' datel Wrote: ******http://www.nautilusminerals.com/irm/PDF/2072_0/NautilusProvidesCorporateUpdate Does this one work?
12-03-2018, 10:23 AM
'sycamoresouth' pid='82529' datel Wrote: I hope I'm not so technilogicaly embarrased that I'm sending google alerts through my email.
12-03-2018, 10:38 AM
Got it. Thanks. Been a hard slough. Vancouver, British Columbia, December 2, 2018 - Nautilus Minerals Inc. (TSX:NUS, OTC:NUSMF Nasdaq Intl Designation) (the "Company" or "Nautilus" provides the following corporate update. Nautilus is currently negotiating the terms of an agreement with arm's length third parties that would involve the creation of a new joint venture company (the “Vessel JV&rdquo to be owned by the third parties and Nautilus’ subsidiary, Nautilus Minerals Niugini Limited (“NMN&rdquo. The purpose of the Vessel JV would be to fund the acquisition of the Production Support Vessel ("PSV" that Nautilus had previously arranged to be procured through MAC Goliath Pte Ltd (“MAC&rdquo and the integration costs of installing the mining equipment on the PSV. The Vessel JV would own and operate the fully integrated PSV. The Vessel JV would charter the PSV to the existing Solwara 1 joint venture between NMN and the Independent State of Papua New Guinea’s nominee, Eda Kopa (Solwara) Limited. As previously disclosed, Nautilus has been notified by the owner of the shipyard, Fujian Mawei Shipbuilding Ltd (the “Shipyard&rdquo, where the PSV is being built, that the Shipyard has rescinded the shipbuilding contract between the Shipyard and MAC, the contractor engaged by Nautilus to procure the PSV on behalf of Nautilus. The Shipyard has continued to install components of the Company's seafloor production equipment on the PSV, with the latest being the installation of an operating console in mid-November. The Company is currently in negotiations with various parties to enable the acquisition of the PSV to facilitate the proposed Vessel JV. There can be no assurances that such discussions will be successful. Nautilus is also currently in discussions with Deep Sea Mining Finance Ltd. (the "Lender" to extend the maturity date of the existing secured loan facility provided by the Lender, which is currently due on January 8, 2019, in order to allow sufficient time for the Company to progress the transactions discussed above. There can be no assurances that the Company will be able to successfully negotiate definitive agreements in relation to, and complete, any of the transactions discussed above. Any transactions will be subject to all necessary stock exchange, third party and government approvals, as well as compliance with all other regulatory requirements. The Company will provide further updates as circumstances warrant
12-03-2018, 11:04 AM
I just don't get why we would now buy it from OEV rather than buying it directly before? Are we even buying it from OEV? There is no mention of that OEV acquired it.
12-03-2018, 01:30 PM
'pnb' pid='82533' datel Wrote:
I would speculate - maybe because Monk's "favorite" CEO (Mike) did messed up something and because of him we were not able to get to the vehicle first and have finances to cover the expense. So he was let go.
12-03-2018, 06:29 PM
(This post was last modified: 12-03-2018, 06:30 PM by seabedmining.)
I would say this thing with OEV is a complete fake-news
The Shipyard has continued to install components of the Company's seafloor production equipment on the PSV, with the latest being the installation of an operating console in mid-November.
and NOT
Nautilus have been instructed to remove all of their equipment off the vessel
12-03-2018, 11:18 PM
'seabedmining' pid='82539' datel Wrote: |
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