edited by moneyam

News Pending-

Thanks to another poster on another site:

I'm just waiting to get my teeth into some positive news. I'd estimate the following:

a) Level of cash raised confirmed within the next week or week after. between 300 - 600k
b) Target company announced along with financing option November
c) EGM set to agree take-over/injection December
d) Aquisition completed - January

Aquisition target? diamond/gold mine (imo of course)

Though I'd be happy with an Osterich farm as long as it was making a tidy profit.

Level 2

1 v 1
0.30-0.40
KBC WINS

Good buy for 300,000 shares at 0.40 pence has come through from an hour ago...

Level 2 still at 1 v 1.

Found this (back in December 2003):

Name Number of shares %

Brian Moritz 9,917,467 7.24

Halewood International Futures Limited 30,000,000 21.89 (Not sure if HIF still have their holding)

Plus Hoodless has 100,000 invested at 0.50 pence.

Contacts:
Brian Moritz, Chairman - 0870 991 2367

I know for sure Brian Moritz average is well over 1.00 pence.

Factors:

There is possibly a more favourable confluence of factors now than since flotation.

In addition to the above awaited news, we have an increase in interest in the stock based on recent market price action and steadily increasing volumes.

At this time of the year, any large cap share weakness can focus interest on a few small companies and special situations which buck the trend.

There is sufficient remaining scepticism based on past disappointments to restrain rampant bullishness ahead of any news.

The relative lack of debt adds a considerable safety net.

Another good buy for 300,000 shares came through at 0.50 pence from 16.30 hrs at 17.30 hrs.

MMs charged someone 0.50 pence on the price which is a 0.10 premium to the displayed 0.40 pence offer price for 300,000 shares. Seems DMR will be well above 0.50 pence in the near future.

By the way I said yesterday that it was the first time we had 1 v 1 on Level 2...and surprise surprise we had a 300,000 buy filled at 0.40 pence today by KBC and a 300,000 buy at 0.50 pence filled again by KBC.

WINS displaying 0.40 pence on the offer for most of today was a spoof...they did not have any stock to sell at 0.40 pence.

With the way the the second 300,000 buy was filled at 0.50 pence....the MMs do not have any stock to sell at 0.45 pence as well.

The price should be over 0.50 pence in the next day or so.

Chart is looking pretty good now...on cue to break the 0.35 pence resistance point.



Neutral (Medium term) - Oct 24, 2005

Has broken through the ceiling of a falling trend channel. This indicates a slower falling rate initially, or the start of a more horizontal development. Has given positive signal from a inverse head and shoulders formation by a break up through the resistance at 0.22. Further rise to 1.42 or more is signaled. The stock is testing the resistance at p 0.35. This should give a negative reaction, but an upward breakthough of p 0.35 means a positive signal. The poor liquidity of the the stock (traded 64% of the days, mean 0.09 mill per day) may weaken the analysis. The stock is overall assessed as technically neutral for the medium long term.

Tick up on the offer price this morning to 0.45 pence on no delayed buys.

0.30-0.45 pence.

Level 2 at 2 v 2 now.

SueHelen
Excellent research on this share.
You MUST be making a small fortune on this by now.
Well done.

Hi Krypton...thankyou very much for that. Much Appreciated. I am not sitting on a small fortune just yet but I hope to be sitting on a big fortune in the coming weeks. Been buying as many as I can at these levels before everyone gets wind off these.

All the below to look forward to:

a) Level of cash raised confirmed within the next week or week after. between 300 - 600k
b) Target company announced along with financing option November
c) EGM set to agree take-over/injection December
d) Aquisition completed - January

Thanks again Krypton.

dont look that good Sue

Thanks for the in depth analysis Katcenka...I know you don't have that much knowledge to spot such opportunities otherwise you have been posting on the BSP thread when they were at the 0.35 pence levels to buy when I started the thread and not later when everyone has heard about them.

PS. Top job on the HHO thread as well with the one liners.

Please do come back to visit when these become a ten bagger....I titled the BSP thread Boom or Bust...I said Boom and many said Bust and it's a great shame they are not hear with us today as to share there bust one liner comments.

oh though art so wonderful, becareful you dont fall on your own sword... Sue Helen had a terrible drinking problem and it went all down hill from there

This may come as a disappoint Katcenka...but I don't drink.

0.30-0.40 pence...a tick down on the offer on a 500K sell at 0.32 pence. Level 2 is at 1 v 1....Good price for anyone looking to buy.....remembering MMs charged 300,000 shares 0.50 pence.

0.40 pence on the offer could be a spoof again !!!

Can only get 75,000 online and didn't show as a buy

Hi Balli...hence I said the 0.40 pence pence offer is a spoof again...MMs trying to accumulate shares before these start rocketing.

Best way is to ring your broker IMHO....strike lucky and may be able to get a higher quantity.

SueHelen, after reading the interim and prelims the directors state clearly the sale of all assets will generate circa 400K pounds and they also say its taking longer than expected. I cannot see there being a sudden surprise increase in value (the directors state the 400K left over is after clearing all debts related to the enterprise so the sales value may be higher but after paying debts in SA they will be left with around 400K).

400K cash shell with the present amount of shares in issue, where is the upside ? If they are going to reverse into someone else then its good for the other but not for DMR holders I think. Am I missing something as taken a look at this now out of interest but cannot see where the upside is. BSP was/is obvious but not so on DMR in my opinion.