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 ??
Andy
- 06 Feb 2005 02:22
- 172 of 1909
Eric,
"NML nearer to production?"
Who told you that?
FDI ALREADY have THREE PRODUCING MINES!, sorry but I suggest you to need to study the FDI website, www.firestonediamonds.com
Firestone, in addition to their three mines already in production, have excellent exploration prospects at Groen River, (millions of potential carats at ave price $1,000) and have 180 drill targets in Botswana, where their licences surround the richest diamond mines in the world, Orapa. Jwaneng, and lethlakane.
On Thursday, Firestone confirmed 3 kimberlite hits out of 4 drills in Botswana, quite a phenomenal start to their drillinmg campaign IMHO!
With regard to the geologists you mentioned, I'm sure they're very competent, and would not wish to suggest otherwise, but I have heard it said the HJC is one of the foremost geologists in Africa, having spent 40 years exploring the Namaqualand and other regions in S. Africa.
I have held FDI for a number of years, and am very happy with the management, I really believe they will deliver increased shareholder value, and significantly at that!
NML on the otherhand, have SO FAR, failed to deliver on their promises, and my opinion of them is on hold until we see if they can deliver now.
I think the market cap differential is justified at the moment personally.
MikeHardman
- 06 Feb 2005 16:02
- 173 of 1909
I echo your thoughts, Andy
Andy
- 06 Feb 2005 20:15
- 174 of 1909
Cheers Mike!
Tristan
- 11 Feb 2005 01:11
- 175 of 1909
stolen a bit of banter from the DGM bb (thanks to gf).Apparently NML are included in a group of 4 potential star performer shares of '05 reviewed monthly on BBC radio South. Not exactly rns stuff but is nicely optimistic if somewhat brave. Supposedly the show was on this eve, hopefully some fund managers listening :-)
aldwickk
- 11 Feb 2005 07:30
- 176 of 1909
Tristan.
So next month NML may get another mention. Can you get bbc radio south online?
Tristan
- 11 Feb 2005 10:04
- 177 of 1909
aldwickk, It is actually on the bbc radio kent evening show. The website is a bit thin on info, but links from the main bbc site so I would imagine it could be listened to online.
Andy
- 11 Feb 2005 13:03
- 178 of 1909
Tristan,
DGM bb?
Do you have a link pls?
Tristan
- 11 Feb 2005 18:13
- 179 of 1909
Andy, DGM (Deal Group Media) EPIC on this site.
Andy
- 12 Feb 2005 00:17
- 180 of 1909
tristan,
Ok cheers, I thought there was a new BB for a minute there!
Does anyone have any knowledge of the accuracy of the radio show's predictions in previous years? (I know past perfomance is no indicator, but just a question)
Also, do they have a panel of experts, and if so, do we know their names?
Tristan
- 13 Feb 2005 13:13
- 181 of 1909
Andy, unfortunately I have not heard the show and am therefore not the most reliable of sources. To the best of my knowledge I think it is just one supposed 'share guru' called Malcolm Stacey. As above, the DGM board is worth a look as a couple of listeners there. Recent post by goldfinger shows this years predictions already up by a considerable % including a small rise by nml. Although I would not base any kind of investement strategy on the words on a single 'guru'it is interesting to see nml included in a public portfolio even if it is purely speculative!
aldwickk
- 13 Feb 2005 15:52
- 182 of 1909
Andy.
I think you know Malcolm Stacey and he's books on investing, on Sharecrazy BB.
Andy
- 13 Feb 2005 18:49
- 183 of 1909
aldwick,
Yes of course, didn't recognise the name to start with!
Andy
- 13 Feb 2005 23:50
- 184 of 1909
aldwick,
Ok I have checked on Sharecrazy, and found the thread.
What actually happened was that Malcolm requested other posters to pick shares, and NML was proposed by a poster called "Maytrees", not Malcolm himself.
Having read the post by Maytrees, I personally think it was quite light on information about NML, no disprespect to him intended.
IMHO his argument could have been applied to any of the diamond juniors.
EWRobson
- 14 Feb 2005 12:48
- 185 of 1909
Andy
just looking back at earlier posts. You indicate that the new equipment will be uses to extend the research and sampling stage. In contrast, the RNS (2oth Jan) states that production is to start by end Feb. - now it may be that the rains problem prevents that but it seems that you have it wroing in terms of the sequence of activities. There would not appear to be any problem in the two proceeding in parallel. The equipment shipped in would appear to be primarily to support the production phase. I can understand the negative attitude from previous track record, but this does seem to be excessively negative when production is forecast to give $20M contribution from proven resources. If FDI are ahead in production terms, why are the figures not in their results? Its not that I am negative in terms of FDI - see my contribution on the FDI bb; I blieeve both shares are BUYs but that NML will be the greater x-bagger as predicted by my friend and soul-mate Dynamite (apologies for the presumption, Di).
Eric
EWRobson
- 14 Feb 2005 13:02
- 187 of 1909
Well done, Di. Would never have risked selling any SEO's - if you sell 'em, who is buying them and would you trust them with them (if you see what I mean)? That sound a great way to celebrate. Happy Valentine's! :0)
Eric
EWRobson
- 14 Feb 2005 13:20
- 189 of 1909
Di: Didn't quite match that, although the card was well received and our favourite restaurant, the Place at Camber Sands, is booked for this evening. I make a fresh selection every time we go there but it is always Dover Sole!
aldwickk
- 14 Feb 2005 13:28
- 191 of 1909
Hello, Mr Robinson Jesus loves you more then you know o o o, LOL.