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Underwater mining hopeful gains breathing space

Underwater mining hopeful Nautilus Minerals (CN:NUS) has managed to negotiate more breathing space on its financial situation, further deferring a cash flow requirement of US$10 million from November 30 to December 20.

Underwater mining hopeful gains breathing space Underwater mining hopeful gains breathing space Underwater mining hopeful gains breathing space Underwater mining hopeful gains breathing space Underwater mining hopeful gains breathing space

Nautilus trials the collecting machine

The funding requirement was previously $15 million due by October 31 before it was reduced and firstly pushed back to November 30.

"The company continues to be in discussions with variou...

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