NML is due its interrim results now, last year it was the 28th of this month.

They are setting up a new site to explore/research/analyse and all the equipment to do this should be on site now, and drilling should start soon, all this extra news should be covered in the interims.

does anyone have any further positive views on this company ??

Here's hoping! - and the weblink properly inserted.

http://focus.comdirect.co.uk/focus/marketfocus/watchlists/index.html

To any new investors......Before you buy NML, study the trading history of this share. Especially the way it has reacted to the RNS released today.

You will see that the share price has been artificially depressed by repeated selling by person or persons unknown. The selling indicates that some of the people that purchased shares in the placings made in 2004 are dumping their shares into the market to make a profit on the share price premium.

They purchased their shares at 3p or 3.7p or 4p and have millions of them. How high do you really think NML's share price will get on any good news before the placees and the exisiting shareholders SELL/DUMP into the strength and cause the share price to crash and trap you with a high spread and low chance of getting out with a profit?

Just look at the performance today. To start with the price was marked up 10% on what was thought to be good news. However, several large sells have depressed the share price yet again. This is selling into strength yet again. Evidence that the share price is unlikely to move outside the narrow band under 10p in which it is trapped.

NML's directors failed to make proper declarations of their holdings in 2004 and are presently under investigation by the AIM regulation department. This alone should make you pause for thought, but then when you consider that there are other serious questions about the viability of the project, you should make sure that your research into NML does not confine you to the propaganda put out by their publicity people or the company website.

Use all the resources of the internet to check into the personel of this company and their background. Find out if they really do have the mining experince that they claim to have. Find out why the previous license holders decided to stop the project. They claimed it was because of financial problems elsewhere, but is this the truth? If the project is a money-spinner, doesn't it sound odd that they stopped a supposedly money-earning project?

By all means read the BBs and the posts from both sets of posters, but do use your common sense to decide who is really telling the truth and who is waffling nonsense. You may find that the investors are ramping the share shamelessly, because they've been trapped in the share for a year or more and are desperate to get out. They'll tell you anything to try and get you in and some have even stated that the moment the price is right, they are selling out or selling a large amount of their shares. Even some of the biggest holders with 'close' connections to the company directors.

The share price itself is the biggest example of how poorly this company has performed. Despite announcing that they are now a diamond producer, the share price has persistantly failed to rise. The 'mystery' seller(s) have been taking advantage of the gullibility of the present shareholders and their willingness to keep buying up any cheap shares. Just today, even more shareholders are soaking up the shares that have been dropped into the market. The MMs have dropped the offer to make sure they get rid of them. From the trades, we can see they are making a 0.37p spread and profit from each share. Doesn't add up to a lot of money, but then the MMs do have to offer a two way market and might as well make a profit if they can on a dog like this one.

Sure the financials and geologicial reports would make one think that NML has good prospects, but if this is so, then why is the placee dumping so much so often for such a low price. The serial seller is just making a small profit at the expense of the current shareholders. There have been new placings in the recent history (as I predicted there would be) and these shares will probably be 'dumped' at a profit when the share price rises even modestly. Further depressing the share price and spoiling any good news.

I predicted that the share price would drop to 4p and the other shareholders here rubbished my analysis. I predicted the dilutions and the other shareholders laughed at my analysis. I predicted that the company would fail to start in February (as they planned to) and the other shareholders said the company would start on time.

I am now predicting IMO, that the share price will spike on any announcement, only to be squashed by a deluge of selling from the placees and the present shareholders. If you invest in NML, IMHO, it is unlikely that you will be able to sell fast enough to make even a small profit.

By all means do your own research, but do it thoroughly. The majority of the shareholders on this BB have not done their research, otherwise they would have discovered the facts that I uncovered about NML.

IMO don't believe everything the investors or the company tell you. Find out if they are telling the truth, or spinning a lie to convince you to invest, so they can get out.....

One shareholder has already decided to reduce risk and sell some of their holding. In my view that was a wise move, because if he is still confident about the company, he might be able to buy back in at a far lower price in the future.

I do hope that he does a little research in the meanwhile and theorises why the 'Mystery' seller(s) has so little confidence in NML's projects.

To any new investors:

NML is a massively undervalued DIAMOND PRODUCER.

The company's own projections backed up by the official Geologist's report state that they will produce 10k-20k cts/month giving a profit AT LEAST 2Million per annum.

On a typical p/e of 15, this would put a fair value on the company of 30M, a share price of 25p+.

Current value is just 5M.

A challenge to the derampers and bitter ex-shareholders: CAN YOU FIND ANOTHER DIAMOND PRODUCER THAT IS SO MASSIVELY UNDERVALUED?

(I already know the answer to that one, and it's not yes).

Don't listen to what ANOMALOUS1/Anomalous/ASMITH2/Gaybriefs/VENOMOUSVIPER/legend20832 post across the internet about this share.

They are one or two extremely bitter-and-twisted ex-shareholders who ran out of patience, and now spend all their time and energy knocking this stock day in, day out. They will twist any piece of information to suit their purpose, which is to avoid the situation where they have to sit there and watch the share price rocket from 3.5p-4p-6p-10p-12p-15p-20p-25p-50p, when they sold out at 3p. They will probably commit suicide when this happens, hence their sheer commitment to deramping NML.

Just DO YOUR OWN RESEARCH, read the website, Geologist's report and RNS's and discover the facts about this HUGELY UNDERVALUED COMPANY.

To any new investors:

NML is a massively undervalued DIAMOND PRODUCER.

The company's own projections backed up by the official Geologist's report state that they will produce 10k-20k cts/month giving a profit AT LEAST 2Million per annum.

On a typical p/e of 15, this would put a fair value on the company of 30M, a share price of 25p+.

Current value is just 5M.

A challenge to the derampers and bitter ex-shareholders: CAN YOU FIND ANOTHER DIAMOND PRODUCER THAT IS SO MASSIVELY UNDERVALUED?

(I already know the answer to that one, and it's not yes).

Don't listen to what ANOMALOUS1/Anomalous/ASMITH2/Gaybriefs/VENOMOUSVIPER/legend20832 post across the internet about this share.

They are one or two extremely bitter-and-twisted ex-shareholders who ran out of patience, and now spend all their time and energy knocking this stock day in, day out. They will twist any piece of information to suit their purpose, which is to avoid the situation where they have to sit there and watch the share price rocket from 3.5p-4p-6p-10p-12p-15p-20p-25p-50p, when they sold out at 3p. They will probably commit suicide when this happens, hence their sheer commitment to deramping NML.

Just DO YOUR OWN RESEARCH, read the website, Geologist's report and RNS's and discover the facts about this HUGELY UNDERVALUED COMPANY.

To any new investors:

NML is a massively undervalued DIAMOND PRODUCER.

The company's own projections backed up by the official Geologist's report state that they will produce 10k-20k cts/month giving a profit AT LEAST 2Million per annum.

On a typical p/e of 15, this would put a fair value on the company of 30M, a share price of 25p+.

Current value is just 5M.

A challenge to the derampers and bitter ex-shareholders: CAN YOU FIND ANOTHER DIAMOND PRODUCER THAT IS SO MASSIVELY UNDERVALUED?

(I already know the answer to that one, and it's not yes).

Don't listen to what ANOMALOUS1/Anomalous/ASMITH2/Gaybriefs/VENOMOUSVIPER/legend20832 post across the internet about this share.

They are one or two extremely bitter-and-twisted ex-shareholders who ran out of patience, and now spend all their time and energy knocking this stock day in, day out. They will twist any piece of information to suit their purpose, which is to avoid the situation where they have to sit there and watch the share price rocket from 3.5p-4p-6p-10p-12p-15p-20p-25p-50p, when they sold out at 3p. They will probably commit suicide when this happens, hence their sheer commitment to deramping NML.

Just DO YOUR OWN RESEARCH, read the website, Geologist's report and RNS's and discover the facts about this HUGELY UNDERVALUED COMPANY.

To any new investors:

NML is a massively undervalued DIAMOND PRODUCER.

The company's own projections backed up by the official Geologist's report state that they will produce 10k-20k cts/month giving a profit AT LEAST 2Million per annum.

On a typical p/e of 15, this would put a fair value on the company of 30M, a share price of 25p+.

Current value is just 5M.

A challenge to the derampers and bitter ex-shareholders: CAN YOU FIND ANOTHER DIAMOND PRODUCER THAT IS SO MASSIVELY UNDERVALUED?

(I already know the answer to that one, and it's not yes).

Don't listen to what ANOMALOUS1/Anomalous/ASMITH2/Gaybriefs/VENOMOUSVIPER/legend20832 post across the internet about this share.

They are one or two extremely bitter-and-twisted ex-shareholders who ran out of patience, and now spend all their time and energy knocking this stock day in, day out. They will twist any piece of information to suit their purpose, which is to avoid the situation where they have to sit there and watch the share price rocket from 3.5p-4p-6p-10p-12p-15p-20p-25p-50p, when they sold out at 3p. They will probably commit suicide when this happens, hence their sheer commitment to deramping NML.

Just DO YOUR OWN RESEARCH, read the website, Geologist's report and RNS's and discover the facts about this HUGELY UNDERVALUED COMPANY.

mjr1234 could be about to be called a spammer. In which case, it is time to inform Moneyam!

This is the NML thread, scum head. How can posting about NML here be spam?

Why don't you go down the Marlowes and do some busking or something?

English Bigblls - 1 Jul'05 - 15:21 - 5660 of 5661
All I said is, I know where you live.
It is against ADVFN rules to post real names and addresses.
But all I said was,
I know you live on a council estate in the most miserable new town in the country.

mjr1234 (also known as English Bigblls) - 01 Jul'05 - 15:25 - 1094 of 1094
This is the NML thread, scum head. How can posting about NML here be spam?
Why don't you go down the Marlows and do some busking or something?


If that's the level of your research, I can completely understand how you were deceived by NML. You don't have a clue where I live!..................

Yes I do. Unless you've moved house in the last 18 months. Don't blame you if you have because that place is a real shithole.

Please do not venture into personal insults as this will not be accepted.

Please stick to discussion on the topic at hand which is NML.


Ian

Cheers Ian, lets hope he listens this time.

Thank you Ian............about time we got back on topic, rather than listening to the constant personal insults.

The board is for discussion of NML and whether it is a suitable investment, or not. I just happen to think that it is not. The fact that the other posters chose to use personal insults to counter my posts, speaks volumes about the strength of their argument. They feel threatened by posts that discuss facts about the project. Especially when these facts came from information published by the company and is shown on their website.

It's such a pity that instead of going out to find independent corroberating data, they chose instead to try rubbishing other people's posts on a BB. I think this clearly demonstrates the lack of confidence they exhibit in the share and it's prospects. They think that a BB poster can alter the share price, merely by posting points of view on a Bulletin Board.

How sad that they fail to grasp and understand the mechanisms of the market. The 'Mystery' seller(s) offloads some stock, the price crashes down and they have to blame the poster on a bulletin board for their woes.

Is that the best you can do?

How about finding out who the Mystery seller(s) is for a change, mjr1234?!

There is no mystery seller, Anomalous.

Today for instance, most of the sells have been declared by posters on advfn!

Where's the MYSTERY?

A post from the other side from Ianwc worth reading;

1. NML can explore for kimberlites, they cannot as yet mine them. You do not dig a hole 1/2 hectare in size to a depth of 30m just for kimberlite exploration. They must think their are some sort of diamond bearing material which can be mined within their current liscense parameteres.

2. In order to get a mining liscense for kimberlites, you must first set up an alluvial operation. That is why NML are still planning on continuing alluvial operations even if they have temporarily used their earth moving fleet to remove 30m of overburden from whatever it is they think they have found.

3. Petra diamonds have no kimberlite mining liscense (NML's neighbours), yet they have spent all their money so far on kimberlite exploration. Eventually they will have to set up a alluvial operation, which from what i recall, they expect to produce around 100k carats per annum.

4. Alrosa, Trans Hex, Debeers and Rio are all actively searching for new kimberlite bodies in Angola. Obviously if NML can show they have a diamond bearing kimberlite, a deal will come swiftly from one of these majors.

5. Getting equipment from S.A. to site and begginning drills will take several months, not weeks.

Wendy D accepts there is a Mystery Seller(s),
Ianwc accepts there is a Mystery Seller(s),
Mclellan accepts there is a Mystery Seller(s),
Crockandure8 accepts there is a Mystery Seller(s),

and quite a few others.

So who are you deceiving (but yourself) when you claim that there is no 'Mystery' seller?

Are you attempting to mislead the new investors about the real reason for the share price being depressed?

Nope. There have certainly been sellers, but no Mystery Seller(s).

The real reason the share price is depressed, is that there has been net selling over time, no doubt about that.

The difference is, you are trying to create some kind of sinister monster looming over the stock, armed with an infinite number of shares to sell and an evil grin.

Sensible investors such as those you mentioned and myself suggest that the sellers are actually the placees selling a proportion of their holdings to realise funds early and reduce risk (a standard practice). Hence there is nothing mysterious or sinister about it.

Thanks, Di - interesting. Is Ianwc generally reliable in his info/views would you think?

SD much better than anom and those other squelched idiots. The serious investors are taking him seriously on the other side

There's what caused the drop from 3p bid - a mere 100k!