Nautilus Minerals NUSMF (NUSMF)

[kentonmag1]

Don't hold your breath for to long that things will develop quickly. I have been in Nautilus for over 5 years and paid over $3 each for my first bunch of shares. Fortunately I took advantage of last years 15 cent offering which brought my average cost down substantially.
The problem has been, on every update, the expected launch date goes out by at least another quarter, now it is the 1st quarter 2019. I wish we could be certain that Nautilus will hold that date but the track record says it wont.
Our saving grace is that the 2 major shareholders have stood firm and have also given more money when asked for, however the shares have become much more diluted in the process.
If Nautilus can still prove to investors that they can achieve the 1st quarter 2019, by this time next year, then I really do believe the following 12 months, through to launch, could see some major action on the share price but there could also be some further dilution of shares in the interim due to more loans required to complete the ongoing work.