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05-23-2015, 08:23 AM
(This post was last modified: 05-23-2015, 08:28 AM by seabedmining.)
very interesting story and hopefully he is again right: ![<img src=]( "Big Grin") " border="0" class="smilie" src="http://1.1.1.1/bmi/shareholdersunite.com/mybb/images/smilies/biggrin.gif" />
www.arabianbusiness.com/growing-on-instinct-mohammed-al-barwani-593556.html
The next big industry, Al Barwani says, will be seafloor mining. The company has a 28 percent share in Nautilus Minerals, an industry giant, which he says will become the first company in the world to be mining for gold, nickel, copper and zinc two or three kilometres under the sea in Papua New Guinea.
Al Barwani says there has been significant investment to date with a 240-metre ship being built in China, and robots “bigger than any earth-moving machinery” being built in Newcastle that will carry out the mining.
“Nautilus is tomorrow’s company and I have no doubt that the first day that we produce the first tonne of gold or copper, that share price will go through the roof,” he says, adding that he expects to be producing three years from now.
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'seabedmining' pid='58367' datel Wrote:
“Nautilus is tomorrow’s company and I have no doubt that the first day that we produce the first tonne of gold or copper, that share price will go through the roof,” he says, adding that he expects to be producing three years from now.
Nice find seabed. He's a smart and visionary man and his accomplishments and track record prove it. Started out in oilfield services. Think there might be a market for seabed mining services in the future?
The other interesting point is that he is basically saying Nautilus will be a "show me" stock all the way until the first tonne of product is sold. Given this entirely new field, and his expertise and experience, he may just be right. Looking forward to blowing the roof off with the stock price 
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don't take "show me" by word - until then, there should be a nice ramp up to... ???
the other question is: where is the roof? family home or skyscraper?
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'seabedmining' pid='58380' datel Wrote:don't take "show me" by word - until then, there should be a nice ramp up to... ??? the other question is: where is the roof? family home or skyscraper?
Good question. What would be a good guess for the roof?
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'Seanncn' pid='58414' datel Wrote:
Good question. What would be a good guess for the roof?
It's hard to tell because it's so cheap right now. There is over $500,000,000 in gold and copper in the first project alone. Nautilus has scouted huge areas of the Pacific for the richest deposits and is already well into negotiations with those governments. Once the first ship and its equipment has been proven, slight improvements will be made and ships 2, 3, and 4 should be right around the corner. I don't know what the roof is, but if it hits $40 a share, I'm free to retire. However, it could go much, much higher than that based on the value of the deposits in areas they've already tested.
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05-28-2015, 12:38 AM
(This post was last modified: 05-28-2015, 12:40 AM by Seanncn.)
Nice comments. Retirement and relaxation sure sound nice. I am going to take a wild guess. You all know I love to speculate in my yahoo comments. So according to this article http://news.nationalgeographic.com/news/2013/13/130201-underwater-mining-gold-precious-metals-oceans-environment/ . The Seafloor mining industry is worth $150,000,000,000,000 ($150 Trillion). Say we capture 1% of the market valued $1,500,000,000,000 ($1.5 Trillion) in 6 years to date. Blowing the roof off in my mind would be $1.5 Trillion divided by 445 Million shares. Correct me if I am wrong but would't that come out to be $3,370 a share?
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Apple? Google? Tesla? Which Will Be The First To Reach A $1 Trillion Market Cap?
Read more: http://www.investopedia.com/articles/inv...z3bLnKRHBP
Follow us: @Investopedia on Twitter
What if Nautilus is the first ever to reach a Trillion Dollar Market Cap? Are there any odds makers on this board? I would sure like to know the odds of that happening.
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'Seanncn' pid='58431' datel Wrote:
Nice comments. Retirement and relaxation sure sound nice. I am going to take a wild guess. You all know I love to speculate in my yahoo comments. So according to this article http://news.nationalgeographic.com/news/2013/13/130201-underwater-mining-gold-precious-metals-oceans-environment/ . The Seafloor mining industry is worth $150,000,000,000,000 ($150 Trillion). Say we capture 1% of the market valued $1,500,000,000,000 ($1.5 Trillion) in 6 years to date. Blowing the roof off in my mind would be $1.5 Trillion divided by 445 Million shares. Correct me if I am wrong but would't that come out to be $3,370 a share?
I love the way you guys think!  This should be a fun ride no matter where it lands.
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05-30-2015, 08:01 AM
(This post was last modified: 05-30-2015, 08:14 AM by maui4marko.)
Based on the official resource estimate for Sol1 (including Sol12) here is the math to determine the "theoretical" share price at first ore:
2,800,000 tonnes resource (Sol 1 indicated and Sol1 & Sol12 inferred) [Note: these are "unrisked" estimates and not discounted for uncertainty]
$2,024,820,916 gross resource value at current prices
1,200,000 tonnes per year mined [Note: at this extraction rate, Sol1 & Sol12 will be EOL in appx 2-1/3 years <-- thus the importance of a strong "project pipeline"]
$867,780,392 value mined (gross earnings) per year at current prices
$737,613,333 Nautilus share, assuming current 15% PNG buy-in
$607,446,274 Nautilus share, assuming PNG additional buy-in to 30%
445,300,000 shares outstanding
$1.66 per share first year gross earnings per share for PNG 15%, $1.36 per share for PNG 30%
12.5 Price/Earnings (PE) multiple, based on current GDXJ (Jr. Miners ETF) PE
$20.75 price per share based on first full year of Sol1 production for PNG 15%, $17 for PNG 30% (offset by additional cash to be received from PNG)
So my definition of "roof" at this time is between $17 and $21 per share, depending of PNG opts in for the additional 15%.
Of course, it's entirely possible that the PE multiple will surge well past 12.5, but if so that'll only be frosting on the very rich cake. Additionally, with metals prices at generational lows and junior miners all but left for dead by the market, the price surge could easily hit $40.
And please double check my math so Monk won't accuse me of pumping!
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