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 ??

Gary has been successful in getting a bit of coverage in various papers today.
Dreadful day for Londoners, though..poor souls

takahe,

A very sad day indeed for all those killed and injured.

I was going to the diamond ex in the Natural History Museum tomorrow, now they're not sure if they will open!

takahe,

http://www.nhm.ac.uk/diamonds/viplounge.html

Clicking on each thumbnail will enlarge it, they are superb!

Thanks, Andy..I had forgotten about that with being away on holiday.
Will have a look.

takahe,

Well I travelled in, and it's closed!

And that's despite them saying it would be open late yesterday afternoon.

And the Victoria and Albert Museum across the road is open!

Very disappointed!

Just had a look..fabulous!
Thanks, Andy

takahe,

My pleasure.

The orange flame is my favourite.

I was so looking forward to seeing the exhibition, I bought the last but one ticket available for today too!


nice tick up on NML this morning!

Yes..some good sized trades going through. One for 550K and another for 250K just appeared. What does L mean?

takahe,

That's a late trade, and as it's reported late, it's possible that it's the opposite of what it seems if the price has been volatile.

Looks like the mystery sellers back again making monkeys out of all you clowns!
ara ha ha ha ha ha ha ara ha ha ha ha ha ha !!..!

Cross and Healy are in Johannesburg on business just now.
Although there are sells, they are being mopped up by a buyer(s).No idea when next news will be but I hope their strategy pays off.
NML have now joined Minesite which will help their profile.

takahe,

LOL! by definition every sell has a corresponding buy, but the MM's have to make a market, so they may be accumalating rather than selling on!!!

>aimtrader
The trade data doesn't suggest this. Sure the MMs are obliged to make a two way market and someone is out there selling shares in large quantities, but the MMs do try to keep a level book as a rule.

They are not accumulating, they will drop the offer to move shares on or drop the bid to discourage further sells. This morning they've dropped the bid and the mid-price has moved. This has helped another 500,000 to be sold, but if the 'Mystery' seller(s) decides to move another tranche, then the price is headed south again.

Anom,

Surely the 500,000 is a buy?

The others are sells though, and the bid has been dropped, whereas the offer remains the same.

Aimtrader..MMs don't usually accumulate. They try to maintain a level book. The 500K is a buy.
In my opinion, the strategy thay have adopted, although it seems strange in the short term, should bring much bigger benefits in the medium term. They are still alluvial mining, just differently from what we expected!
A JV on the kimberlites is where the money is. Ask PDL shareholders.

Anomalous...lying in your teeth again..."This has helped another 500,000 to be sold,"...you can see that itis clearly a BUY @3.65p.
Why do you LIE so much? Easy answer...deramp,deramp, deramp.....

Andy - 21 Jul 2005 12:07 - 1163 of 1165
Anom,
Surely the 500,000 is a buy?
The others are sells though, and the bid has been dropped, whereas the offer remains the same.

Yes the 500k is a buy, what I meant is that the MMs managed to sell it after they lowered the price. Maybe I should have rephrased it. to say that the MMs managed to coax out another buy after dropping the price.

Ok I see what you mean.

takahe,

i am aware how mm's operate, but in order to maintain a liquid market if there are more sells than buys they have little choice but to buy them!!!

of course they can slam down the bid to put off potential sellers, in fact they have done this on nml so many times already.

recent sales exceed buys i reckon by quite a margin, so someone has accumulated a few!!!

pc playing up tonight