Member Info for fundraiser222

The rto was complicated although explained very well in the company presentation on the website, I am of the opinion that if management did not care about private investors why did they go out of their way to personally explain the rto deal in an interactive presentation. As I mentioned I am also of the opinion that Barclays Hargreaves and td direct would have sold their holdings if they believed the same as you believe that the bod are not competent to complete value creating acquisitions following the change in strategy after the rto. This company is just starting out with intentions to build a strong profitable marine services and technology operation, and has an incredibly strong cash balance sheet with which to pursue acquisitions in a depressed market. The Mcap is £6m they have £24m cash in bank and over £10m of marine tangible assets, final results are on Thursday so I guess we will get a greater sense of the future acquisitions in the chairmans report. Thank you for your comments and I wish you well with your future investments

Hi investor, if you listen to the company presentation on the website the CEO states they are interested in acquisitions in the marine technology sector, this company is at the start of its journey in the marine services sector and I for one look forward to hearing of future acquisitions especially in the marine technology sector, as I previously mentioned why are Barclays, Hargreaves and td direct institutional share holders here? If this company did not have future growth potential surely they would have sold after the rto was announced? These boys do not continue to hold stocks unless they hold growth potential and they believe in management, so although I hear your opinion that you don't trust the management the fact that Barclays Hargreaves and td direct do clearly trust management enhances my own confidence in the future of this cash rich company, if you can find a share on aim that's trading at a 75% discount to cash excluding assets please let me know

I think a big re rate will happen here too based purely on cash value alone of 60p a share giving a 75% discount to cash excluding assets, the company presentation by the directors on the website is excellent, the CEO states they are looking at marine technology aswell, which would certainly be an exciting area to be involved in, lots of opportunities for a cash rich company such as this to build a strong portfolio of assets and create strong revenue streams, the current share price presents fantastic value and those who have done their research and viewed the website and share register will be very impressed indeed

Yes they also mention that they are looking at technology aswell as marine assets in the company presentation on the website so they are clearly looking to build a diverse marine services operation backed by a huge cash pile, very excited about this one, as many of you know I was one of the first investors in matd at 2.5p and although I made a very nice profit I sold far too soon, I will not be making the same mistake here I will be holding for the huge gains as the potential is huge all backed up by cold hard cash in bank! the share register is excellent with Barclays and Hargreaves on board and only 24% in free float

Are you invested here bah? Clearly the main thing here is the 60p per share cash value and the fact the share price is trading at a 75% discount to cash which I would say is the only company on aim to be trading at such a huge discount to cash. With regard to the ship assets they are of course in addition to the 60p cash value and as you rightly say there is no mortgage on the vessels and they have been valued at $13m, so I guess even if they scrapped them all the scarp value would be how many millions? Add that to £24m cash in bank then at £6m Mcap looks insanely undervalued, I think it is fairly clear that the market will re rate this to at least 50% cash discount which is 30p next week excluding assets, then we await the final results on Thursday with the full outlook and strategy report for 2017. A good report and director buys will I would imagine push this back to trading at cash value of 60p min and let's face it most aim companies trade at a huge premium to cash not a huge discount.

Also Barclays, Hargreaves, and td direct clearly still believe in the board to make the right moves or they would have sold out, so it gives me added confidence that these huge institutional investors still hold and believe in the future of this cash rich company, best wishes investor and thanks for your comments

Thanks for your opinions investor, I have done my research spoken with the directors viewed the website in detail and I now own over 1% of the free float and I am happy to be a share holder at a 75% discount to cash value. Even at 30p the share price would still be at a 50% discount to cash. I guess if the board do a super deal as you say then this will be trading higher than cash value like nearly all aim companies do at over 60p so happy with the risk reward ratio of my investment and I look forward to the final results on Thursday. Have a good weekend all

Number % HKN Inc. and Parties in Concert 22,567,016 62.49% Barclays Wealth Mgmt (UK) 1,246,359 3.45% Hargreaves Landsdown Asst Mgmt 1,220,926 3.38% TD Direct Investing 1,031,923 2.86% Thelese (Mr & Mrs D Worley) 1,090,542 3.02%

Can I just ask if the directors buy after the close period ends on 9th march what will you be saying then? I urge you to email Anna Williams and ask her if the directors intend to buy any shares, that will change the whole picture in terms of sentiment and confidence will be restored once directors start buying at this insane discounted price, you will not see a share on aim this cheap again with cash of approx £24m and over £10m in tangible assets, yet the Mcap is less than £6m, if directors do indeed buy on or after the 9th when final results are out a re rate to cash value is probable which is around 60p a share, I assure you there is not a share on aim with this sort of potential for a 4 bagger with hardly any risk at near 75% discount to cash, also for the de rampers if this was such a bad share why do Barclays and Hargreaves continue to be ii holders? I guess all the de rampers must know something Barclays and Hargreaves don't two of the worlds most respected institutions! 24% free float and most of that is taken by pi's with averages over 23p, final results within the next 4 trading days as confirmed by the company, easy 60p cash value on the cards if director buys are confirmed on or after the 9th, have a good weekend all

Look at the vessels they purchased then look at the market value of the vessels these are huge boats worth millions $13.5 m as per company presentation on website please view it, but even if the boats were worth nothing they have 60p plus in cash per share so it's trading at a 75% discount to cash you ever seen an aim company trade at that sort of discount? With Barclays and Hargreaves as share holders and only 24% in public hands

They have $30m approx cash though to build a new business they have a new operational marine expert on board to build the business, the rto did not include spending any cash though so all cash remains and they are still owed $4 mill on top of the huge cash pile so at current exchange rates cash in bank is £24m excluding marine assets valued at $13.5m, and excluding $4 mill still owed, the rto was completed and Naut is the new company cash rich and final results on Thursday will give us a forward looking statement to understand what they plan to do with all the cash, do you not think Barclays would have sold and Hargreaves would have sold if they thought the company was not going anywhere? Huge potential and very safe below cash value which is 60p a share

Just wait for the final results on 9th March and you will find out what the directors intend to do with approx $30m cash in bank, major share holders own 76% of naut so the directors will clearly be working for the best interests of shareholders!! Barclays Hargreaves and the 66% majority share holder have the same interests and that is naut been successful otherwise why have Barclays and Hargreaves not sold out?

24% free float any decent buying and this Will imo get back to 60p cash value very quickly and that's not valuing this company's assets or future potential to purchase profitable operations, the best thing for all the non believers to do is to contact Anna Williams via email or phone she is available now to talk or read the company presentation on website or just wait for the final results on the 9th

Final results are out on 9th march contact Anna Williams director for confirmation and the cash position will be confirmed, look at the share holders list Barclays Hargreaves etc if this was not a good share why have these respected names not sold?

Please contact Anna William at the company for more info she will confirm 9th march for final results that will imo show cash value of 60p a share and also ask her about director buys when closed period ends on Thursday

Ok I will add it up, June 30th 2016 ged had $21m cash in bank, then the rto took place, 8th Feb naut then received $3m cash, on 31 march they will receive another $7m cash. So that's $31m cash in bank correct? Or around £25m 60p a share correct? Then they have $4mill still owed to them correct? Then they have $13,5m in marine tangible assets correct? Read the company presentation to understand the rto deal and look at the current share price and Mcap

Sleeping giant

Very tight spread 2p now breached the holders listvtells its own story huge potential here and looking very leaky

Yes it looks like something has leaked on the drill results due some big players on the share holders list they bought for a reason!! World class gold mine 10km away doesn't take a genius to work out there's a good chance of a huge find on the cards here

Looking good for positive drill results very leaky and tiny Mcap could easy get to £10m Mcap with good drill results and the 600,000oz already in place at good grades far better than ggp imo and a very strong investor list