Issue link: http://resourceworld.uberflip.com/i/832998
34 www.resourceworld.com J U N E / J U L Y 2 0 1 7 W orthwhile companies some- times get overlooked because they don't fit into the usual categories that analysts use to value stock. They may not be one of the flavour of the month commodities, or tied to a hot exploration area but that doesn't mean they are without value. Why, for example, would Russian business magnate Alisher Usmanov (estimated to be worth $15.1 bil- lion) have a sizeable investment in Nautilus Minerals Inc. if he didn't think there was going to be a big payoff down the road? What follows is a list of companies that for whatever reason don't get a lot of media attention. But as you will see, they are companies and projects that investors would be wrong to ignore. Nautilus Minerals Inc. [NUS-TSX; NUSMF-OTC], a company with power- ful shareholders, is hoping to become the world's first deep sea mining firm. To achieve that goal, Nautilus is using exist- ing technologies adapted from the offshore oil and gas industry, dredging and min- ing industries to facilitate the extraction of high-grade, seafloor, massive sulphide systems, containing copper and gold, on a commercial scale. Major shareholders include Russian iron ore giant, Metallionvest, (15%) and the MB Holding Group (27%), which is controlled by Nautilus director Dr. Mohammed Ali Al Barwani. MB Holding is the parent of a number of companies with wide ranging interests in the oil and gas, mining, marine and engineering ser- vices. MB Group has operations in over 20 countries and employs over 6,000 employ- ees. Metallionvest is controlled by Alisher Usmanov, Russia's richest man. The system it has developed has three main components, including Seafloor Production Tools, the Riser and Lifting System and Production Support Vessel. In January, 2011, the company was granted a mining lease for the Solwara 1 Field, which is located off the coast of Papua New Guinea. The Solwara Seabed Massive Sulphide deposit sits on the seabed at a depth of 1,600 metres and con- tains a copper grade of 7% as well as gold grades of over 20 grams per tonne. The company hopes to grow its holdings in the exclusive economic zones and territorial waters of Papua New Guinea, Fiji, Tonga, the Solomon Islands and others. On April 3, 2017, the company issued a press release stating that its Seafloor Production Tools have arrived in Papua New Guinea, and will shortly commence submerged trials. It said the submerged trials will occur in an existing facility on Motukea Island, near Port Moresby in PNG. After recently completing a US $2 million private placement of shares priced at 21.3 cents, the company released a state- ment on May 9, 2017 saying its Launch and Recovery System (LARS) equipment has arrived at the Mawei shipyard in China. Comprised of very large A-frames, winches and ancillary equipment, LARS will be integrated into the company's Production Support Vessel at the Mawei shipyard. LARS will be used to launch and stabilize the Seafloor Production tools during deployment from the vessel down to the seafloor and during retrieval from Overlooked Opportunities you may have missed by Peter Kennedy INVESTMENT