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 ??

LOL!!!

it would appear very apt in the circumstances!!!

takahe,

an example, on a public bulletin board???

certainly not, sorry - but i can assure you it is true!!!

aimtrader...but it is good enough for you to post the general remark on a public bulletin board...interesting

takahe,

well thats what people do on these bulletin boards, surely???

you won't find people giving that sort of information away on sites such as this, you just have to read and digest all the available information, and make your own mind up...

not even a hint..?

ok

ask the company, not the pr guy, for an update of the current state of play in writing!!!

New Millennium Resources Ltd
06 September 2005

New Millennium Resources Ltd (the 'Company')

Re Director Shareholding

This announcement corrects the announcement of 22 April 2005 stating directors'
shareholdings. In that announcement David Johnston and Azizi Yom Ahmad were
incorrectly reported as holding 1,333,080 and 3,919,630 ordinary shares.

David Johnston held 1,883,080 ordinary shares on that date and still holds that
number, representing 1.1 per cent. of the Company's issued share capital.

Azizi Yom Ahmad held ordinary 6,919,630 shares on that date and still holds that
number, representing 3.9 per cent. of the Company's issued share capital.

So much for WendyD's claim that there was nothing wrong with the RNS on 22 April 2005. The company has now admitted that it WAS wrong.

Yet there is still an error with this RNS, as this one shows that both people concerned acquired more shares than was reported, but did not notify the market that this acquisition had occurred.

I refer you back to the figures from earlier this year:



You can see that the total holdings for Senator Johnston should have been 1,658,080, but now they are saying he holds 1,883,080. That means he acquired 225,000 shares and did not notify the market inbetween December and April.

Likewise, you can see that Dato Azizi Yom Ahmad should have 6,794,630, but now they are saying he holds 6,919,630 which means he acquired 125,000 extra shares without notifying the market between December and April.

IF YOU CAN NOT TRUST THE DIRECTORS TO REPORT THEIR SHARE TRANSFERS CORRECTLY UNDER THE REGULATIONS, HOW CAN YOU TRUST ANYTHING THEY TELL YOU REGARDING THE REST OF THE COMPANY?
This proves that the company did incorrectly report the holdings in April and that they have failed to notify additional share transfers.

What else have they 'forgotten' to tell you?!

The people on this board obviously do not want to face the fact that the directors DID fail to report their share transfers correctly, because it opens the possibility that other transfers have not been reported as well.

The figures below show the position at the moment:



You can see from these figures that 16,476,703 shares have been acquired as part of their personal holdings but these acquisitions have not reported to the market.

This immediately begs the question whether any other disposals or transfers have not been reported as well.

This will not change anything regarding the AIM because the outstanding complaint is that transfers were not reported and the company has proved that this is correct. So the company is holding their hands up that they DID fail to report the correct figures as required by the regulations. They did break the LSE rules.

Anom...I don't know why you are bothering to put so much effort into a share you say you don't have. All this time you have said the directors have been dumping shares when their holdings have now been confirmed the same. My advice is go and find another share to deramp...no one here is interested in you and ADVFN are not interested either and have told you to clear off...so buzzzzzzzzzzzz

Dyamite,

It begs the question why it's taken the company over four months to confirm what Anom said was incorrect at the time?

And who in their right mind would short a share at 2.5p BID?

Exactly Andy...why bother to go to al the effort Anom does at all...is he in his right mind?

I see Anom is spreading his version here...NML look like numpties for having typos in their figures, I quite agree. However, since the directors in question have MORE shares and have not sold, Anom's little conspiracy theories go out of the window. Why is he SO DESPERATE to bash yet another share he doesn't own?He has harangued people for months with all his ideas of 'mystery sellers' and 'directors selling' and have they..? Apparently not!

Dynamite - 06 Sep 2005 09:45 - 1295 of 1298
Anom...I don't know why you are bothering to put so much effort into a share you say you don't have. All this time you have said the directors have been dumping shares when their holdings have now been confirmed the same. My advice is go and find another share to deramp...no one here is interested in you and ADVFN are not interested either and have told you to clear off...so buzzzzzzzzzzzz

Firstly ADVFN have not told me to do anything, so that is a fabrication of your deluded mind.

Secondly, I never said the directors were selling I said that the directors declared figures were wrong. I suggested that if these figures are wrong, then the directors may have transfered or disposed of shares without telling the market. They did. So I have been proven 100% accurate

Thirdly, I said that the 'mystery' seller(s) has been dumping shares into the market. If you can't work out who the 'mystery' seller(s) are, then that is your problem, but there are only a few people who could be the candidates for the 'mystery' seller(s).

If you want to act the fool and be the patsy to someone out to take advantage of the shareholders, then that's up to you. But then don't blame us when we start laughing at your gullibility. If you are too stupid to fail to recognise when someone is taking advantage of you, you shouldn't have invested on the market. You would be better off giving all the money away to charities rather than lining the pockets of extremely wealthy people who are getting richer at your expense.

Oh and if the majority of the shareholders had listened to my analysis last year, then they would not have lost any money on NML. Most of you are facing massive paper losses and it's about to get far worse.

But hey, if you want to throw your money away - go right ahead. You are just proving Buffett correct.

The stock market is the means of transfer of wealth from the impatient to the patient.



If you are all so desparate to be rich, then you shouldn't have chosen NML. All it has proven you to be is extremely foolish.

takahe - 06 Sep 2005 12:38 - 1298 of 1300
I see Anom is spreading his version here...NML look like numpties for having typos in their figures, I quite agree. However, since the directors in question have MORE shares and have not sold, Anom's little conspiracy theories go out of the window. Why is he SO DESPERATE to bash yet another share he doesn't own?He has harangued people for months with all his ideas of 'mystery sellers' and 'directors selling' and have they..? Apparently not!

How do you know it was a typo? - YOU DON'T

I said that the directors had reported the figures incorrectly and you all rubbished my analysis. I was correct and you were wrong. This means that the directors have failed to report share transfers correctly. They still haven't reported the transfers that they should have. The extra converted fees were not reported correctly and never have been. So NML is still in default of their reporting requirements.

The question now is have they failed to report any other transfers? If they've taken 4 months to spot an error that took us 4 seconds to spot, how many other disposals or transfers have been missed?

As I have said, there are very few people that have enough shares to sell in a concerted and deliberate share dump, so the 'mystery' seller(s) must be pretty obvious to everyone. The question is, have the company failed to report them as well?

You were so certain that I was wrong that you continually rubbished my analysis. Now that my analysis has been proven 100% accurate - that the company did fail to report the shares correctly on 22 April 2005 (and still has) you try to claim that it was a typo. If it was a typo, then why didn't they spot it sooner when everyone else could see it?

I could see it

Andy could see it

The AIM could see it

You denied it

and NML ignored it

The LSE regulations were broken and nothing was done about it until the AIM started investigating it. If NML can not abide by the regulations, what else are they concealing from you?

Maybe you should listen to other people's analysis and not rubbish them automatically. I provided proof that they were wrong and you still disputed them. Even Wendy admitted that they were wrong but didn't see anything wrong with the figures being wrong. What is to say that any other transfers have been missed?

I was right about the 4p

I was right about the minestart being delayed

I was right about the dilution

I predict that the next share dilution will probably drive the share price below 2p.

I predict that the company will shortly announce that the weather is hampering the exploration on the kimberlite.

When will you wake up and realise that you are being taken for a ride?

So you say..you are a bitter and twisted person. Why don't you run to the Sunday Times with this one, then...if you are so sure of your facts!!!
And EPD has been a rattling success for you has it? I don't think so...you must have lost a lot of money on them and you ramped them to the heavens

Just read your latest post. Your analysis isn't correct...it never is..because you are working on innaccurate information from ADVFN's crap trades page plus your own bias.
Get your facts right for once as well...I never DENIED it..I said that I would wait and see what the company said.
I don't care what you think at all. I just hope that, one day, someone sues you for your scurrilous attacks on people.
I don't know that the error is a typo...it is the most likely possibility....
You will no doubt rave on for ever until you turn your attention to another share. You've worked your way through AFD and NML...EPD next? I'm sure they deluded you in all those phone calls to them...or did you invent some of them? I have heard a story about that...

What makes you think that the Sundays Times don't already know and are waiting for the most opportune moment to print it?

The ADVFN data is not crap. The data is from the LSE. Their program that interprets the buy or sell is not very accurate. Which is why I use both ADVFN and Moneyam's analysis, plus I take note of the trade prices. It's quite easy to determine the buys from the sells from the rollovers. The data in my analysis sheets is probably a great deal more accurate than you think.

The reason the price has not moved, despite all the buying, is because there is a massive stock overhang. The MMs have far too much and a reluctant to move the price upwards for getting more. They don't want to move it down either, as that would increase their losses. But the closer they get to the next dilution, the more they will want to get rid of the shares they do have. The MMs are not stupid. They know what is going on with NML, even if you try to ignore it.

Anomalous, my pet...I am sure you will do all you can to wreck NML, for your own reasons. Just remember other people can also go to the papers! They can also contact the editor and contact people at Working Lunch and send them examples of some of your many ranting and malicious postings on ADVFN and moneyam and also mention that at least 4 people have complained to the FSA consumer division about you..
not to speak of your classic email about thinking csmyth was pretending to be Shane Healy and feed investors false information...have you any idea how nutty that sounds?