Below are the links to Nautilus statement recently released that many of you have probably seen – they are cancelling underwater construction contracts, sacking 60 staff, it also should be noted that Nautilus shares have dropped 77% in the past year. They are under huge financial pressure!
NAUTILUS STATEMENT: Nautilus Minerals terminates equipment build for its Solwara 1 Project
Media links:
- Nautilus project halted over dispute in PNG
- Nautilus Falls After Halting Construction: Toronto Mover
- Nautilus cancels underwater equipment construction on flagship Solwara project
- Nautilus Minerals Terminates Equipment Build for Its Solwara 1 Project