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 ??

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?

I have forwarded your latest 'threats' to NML people.
I think they are actually busy trying to do something more constructive...

Contact as many people as you like Takahe. It will only prove to all of them how correct I was about NML when it goes pear shaped for the rest of you.

I've already been proven correct about the 4p
I've already been proven correct about the mine start delay
I've already been proven correct about the dilution when you said it wasn't needed
Now I've been proven correct about the failure to report the directors' declarations correctly.

Next I'll be proven correct about the next dilution and the share price dropping below 2p.

I've already informed most of the press (including working lunch) about NML and what's going on. They'll probably write about it when the SP crashes down and they'll probably say that I predicted the problems many months before it happened.

So go right ahead and tell the press, because they probably do want to talk with someone gullible enough to fall for this share!

You really have got tickets on yourself.
The difference between us is that I wouldn't behave in that way!! I leave bad behaviour to you....
I think I am beginning to agree with what Mandelbrot said on AFD...you don't even realise who he is, do you?

I think you are preaching to the patient, analmouse

I've been adding to nml at sub 3p but for my small further
buy today I had to pay the full 3p.

Low sp imho caused by the boredom and no new news, factors
which imho presents buying opp for longer term investors. dyor

Added more yesterday and today at 2.70p

Nothing has changed except the SP
and the lack of much interest on BBs
so imho, good time for investing.

I would if I had spare dosh May but it is mostly tied up with KMR and GFM and NML already. Sooner or later we will get some good news that will send the price up...its been a long wait so I hope it is worth it. I still think NML has huge potential.
Good luck
Di

I still think it has, too. It has been a long wait and not the course of action we expected, but I am still holding lots of these. I respect that Healy and co ARE trying to maximise shareholder value, even if I get a bit fed up waiting.NML has always been a speculative share. Its success lies with the accuracy of the geology report by Dr Michael Smith, in my opinion.

Dynamite,

How long do you think we will have to wait for the good news?

I remember we were expecting production at this time last year.

I think your other two holdings are solid (I hold both too BTW!) so as long as your position sizing is ok, even if two out of three come good, you will be OK IMO.

Andy..I know NML is a gamble...but sometimes in life that's what you have to take. If I lose the lot it won't be the end of the world and yes GFM and KMR will make the mark anyway. I have other fish too which are swimming nicely.
I don't know how long we will have to wait and the fact that we have been sitting here so long is reflected in the price. I'm prepared to wait as are others.
Di

Di,

I'm glad your other fish are "swimming nicely", because some have (IMHO) gone overweight in NML, and it is high risk, as you rightly say, and they are in danger of taking a large loss. A a large profit is also possible of course.

Position sizing is the key, IMO.

I know it's easy to say, and then comes along that golden opportunity, it' s hard to keep the discipline, but it is the only way IMO. I have the losses (GEO in particular) to prove investing too much one one stock is VERY risky.