Nautilus Minerals Inc NUSMF

Sustainable and Repeatable ?

[gasoholic]

I'm taking a gamble on this company . To date the company has run up over 700,000,000 in debt so maybe 800 plus to actually get running . There is a risk the process won't work and will certainly need a year or so to run well . If the equipment works at all theres a 5 or 10 bagger on that news .
If it does work it becomes a question of what other resources they can tie up . The Solwara 1 deposit is only good for 3 years and can't hope to repay a fraction of the debt . I'm sure if the other 11 Solwara deposits were viable the company would have made that known . If they line up enough deposits to show long term sustainability and that they can build more trains ( that being the surface vessel and underwater equipment ) , its a dream . Having 3 operations going with 4 trains , 3 operating and one under overhaul ( the equipment will be high maintenance ) , thats a dream squared . But as another poster pointed out multiple horizontal fracking went from 0 to almost all the new wells in North America in about 5 years . Fracking itself was started in the sixties on verticle wells but only went crazy with horizontal technology .