LEEWINK
- 28 Mar 2004 15:45
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 ??
takahe
- 04 Nov 2005 14:14
- 1674 of 1909
stockdog...lol..as long as we are not reduced to help from the Samaritans!
Who is TFC?..is he related to HannibaltheCannibal? Obviously knows what he is talking about...not
stockdog
- 04 Nov 2005 14:28
- 1675 of 1909
I was thinking more along the lines of RTZ!
takahe
- 04 Nov 2005 14:38
- 1677 of 1909
..or BHP or any big group!
TheMaster
- 04 Nov 2005 14:39
- 1678 of 1909
Wow a buy for 3,650,000 at 1.37p, someone knows whats goner happen.
takahe
- 04 Nov 2005 14:44
- 1679 of 1909
Best buy for a while! Maybe TFC is wrong...lol
Andy
- 04 Nov 2005 14:47
- 1680 of 1909
Themaster,
Unless of course it's related to the placing!
The placing shares commenced trading today, so you never know.
I would have thought the price would have risen more had that been a straight buy.
mjr1234
- 04 Nov 2005 14:57
- 1681 of 1909
Nice 3.65M buy.
You reckon the placees are buying more Andy?
takahe
- 04 Nov 2005 15:15
- 1682 of 1909
Andy..so whose 50K do you reckon it is, then?
Andy
- 04 Nov 2005 17:52
- 1683 of 1909
Takahe,
Probably part of the placing trades IMO.
mjr1234
- 04 Nov 2005 18:29
- 1684 of 1909
Andy,
Are you new to the stockmarket?
Placings are not done via the market, by definition they are issued directly to the placee.
Andy
- 04 Nov 2005 20:38
- 1685 of 1909
mjr1234,
I know! :-)
"Are you new to the stockmarket? " LOL!
Maybe if you concentrated on researching and trading instead of trying to pick BB punch ups you'd be invited to participate in a few!
The prices you pay are SO advantageous!
I wonder how I know that?
LOL!
Andy
- 04 Nov 2005 20:40
- 1686 of 1909
In fact, if you save up your lunch money, by the time you're old enough to trade, I'll try and get you into one!
TStringy
- 04 Nov 2005 23:04
- 1687 of 1909
Wouldn't mind a bit of that myself Andy!
Saw your replies to EB's questions whilst he had you filtered on the other side tonight.
LOL!
That had me in stitches...............if only he knew.
Andy
- 04 Nov 2005 23:55
- 1688 of 1909
tstringy,
As he replied a couple of times, I rather think his filter has a few holes in it!
LOL!
Have a good weekend.
mjr1234
- 05 Nov 2005 00:25
- 1689 of 1909
Picked a raw nerve have I Andy? LOL!
I bet you wish you'd got in at 1.07p
You will very soon anyway.
Andy
- 05 Nov 2005 01:00
- 1690 of 1909
mjr1234,
"raw nerve"? LOL!
I certainly didn't want to buy at 1.07p, but I'm certainly glad I sold out at 5p last year!
And that money was put to very good use!
Dynamite
- 07 Nov 2005 08:16
- 1691 of 1909
New Millennium Resources Ltd
07 November 2005
New Millennium to acquire stake in Kaissai Plc
The board of New Millennium Resources Ltd (NML), the AIM-listed diamond
exploration company with licences in Angola and Greenland, is pleased to
announce it is in advanced stages of negotiations to acquire a stake in Kassai
Plc (Kassai), a mining exploration company which owns lease interests in Angola.
The deal is subject to due diligence by NML.
The Kassai lease area is 3,762 km2 in the Huambo region of Angola and includes
licenses to explore for Kimberlite diamonds, alluvial diamonds and other
minerals.
The acquisition provides New Millennium Resources with an interest in a
Kimberlite license in addition to further alluvial sites.
CEO Shane Healy said 'The key attraction to this concession is that it provides
the Company with a project which comprises a kimberlite exploration license. We
are excited by indications that there are 5 known kimberlites on the licensed
area with a clear prospect of a much larger number yet to be discovered.
Additionally we have an important interest in alluvial diamonds and other
minerals rights. At 3,762 km2 this concession is over ten times the size of Rio
Lapi. '
Five kimberlites have been identified on the mineral resources map of Angola and
other mineral occurrences are also recorded, including gold, copper, tungsten
and uranium.
Kimberlite Prospects
It is proposed to commission an aeromagnetic and electromagnetic survey for the
whole license area and to integrate all the data into a geological-geophysical
structural analysis study. This will guide target selection. A detailed
geomorphological evaluation of the license will be carried out to aid alluvial
diamond site selection.
An intensive programme of prospecting the known kimberlites and those targets
created by the aeromagnetic survey will be pursued. This will be followed up
with ground geophysics. Samples will be recovered from relatively unweathered
material for specialist analysis in the laboratories of the Geological Survey of
Finland, which is an acknowledged world leader in identification and study of
diamonds and indicator minerals. Individual kimberlites will be trenched and
drilled and subject to trial processing.
The licensed area lies within the Congo Craton, an Archaean basement which has
been overlain by Proterozoic and Eocene sediments and intruded by a series of
Proterozoic granites and Cretaceous ultramafic pipes.
Two primary sets of faults occur within the region, striking northeast and
east-northeast, these are possibly Riedel shears relating to the northeast
trending Lucapa Graben, the primary structure controlling the emplacement of the
Cretaceous carbonatites and kimberlites in Angola.
Rio Lapi
Exploration at the C9 licence at Rio Lapi continues and the company's
application for a kimberlite exploration licence, is under consideration by
Endiama, as previously announced to the market. The Kassai project will provide
the company with the ability to aggregate resources across the concessions,
providing a more cost effective application of assets.
Contact:
New Millennium Resources Ltd
Shane M. Healy (Managing Director)
Tel: +44 (0)7768 631286
shealy@new-millennium.com.au
Daniel Stewart & Company Plc
Marc Young
Tel: +44 (0)207 776 6550
St Swithins PR
Gary Middleton
+44 (0)207 929 4391
TheMaster
- 07 Nov 2005 10:22
- 1692 of 1909
Good recovery play stock, now their getting Kimberlite licence
TheFrenchConnection
- 07 Nov 2005 11:13
- 1693 of 1909
Amities / ..So its rather like back to the begining .Keeping everything simple for the sakes of Takahe and mrj .( Dont give up your day jobs )...Original business model was supposedly exploration self financed by the proceeds from alluvial diamonds production . After delay after delay, and placing after placing, the idea was abandoned ,or rather sidelined , in favour of " a quick fix " in the form of all out exploration which caused all manner of legal/ political problems So ? .. Yet another placing and back to alluvial exploration but juste in a different location. Havent you all been here before; but when the s/p was four times more . This is a real dog. A Howler. And what with all the thousands of holders at 1p selling on a small movement those who paid in excess of the last placing will never see returns .@+ J...