Deep sea

Amet calls on Govt to terminate Nautilus partnership

Sir Arnold made the comments in light of Nautilus struggling to raise sufficient funding for immediate working capital requirements and facilitate payments required to continue the development of the seafloor production system, to be used at the Solwara 1 Project.

The comments are made also in light of the resignation of Russel Debney in December 2017 as director and chairman of Nautilus. He had been on the Nautilus board since 2006.