RE: Be Careful of Directors Dumping.22 May 2009 17:51
Now i have listened to the webcast you posted (thanks), i have to say i'm intrigued by Nautilus as i have a background in this field (marine geography).Generally speaking, only a fraction of the oceans resources have been identified which means the potential is huge if the processes used to extract material are cost effective. If the trials that commence this quarter are successful i can see some decent upside to this share. However with the first ore production at the Solwara 1 likely to be delayed beyond December 2010 this has to be a long term play if anything. do you agree?I was also very pleased to hear that the operations in Solwara 1 have raised interest from a number of organisations, any announcement would also affect the SP in a positive manner.