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 ??

Anomalous,

You've been threatening "action" from the FSA/press on NML for the last 6 months.

It's long past the time when you should have either PUT UP or SHUT UP.

mjr- that's because Anom's assertions about 'secret emails' are rubbish. I probably saw most of the emails that Healy sent in the early days to a poster called gunner who distributed them to a group of us (about 8). There was nothing secret in them at all. He used phrases like 'going for it from the start' (which they probably meant at the time before they hit lots of physical and political difficulties), that there 'were diamonds just a metre down' which there are, according to the geologist report and 'using barges' which was actually 'dredgers'..again, a recommendation in the geologist's report there in black and white for all to see.
For some reason, Anom thinks this is 'insider information' or was designed to 'fool the shareholders', as well as Campbell Smyth supposed to be impersonating Healy! It is just absolute nonsense!

TheMaster - 08 Nov 2005 10:50 - 1727 of 1728
This stock usually moves like the wind, MM's holding the sp for a reason?

The MMs are desperate to get rid of their stock. Several posters on AD^FN have now reported that bucket shops are selling millions. My analysis of the trading over the past 8 months reveals that they had somewhere in the region of 10 million surplus shares. With the recent increase in trading, they've managed to reduce this total. Between them, they probably hold no more than 4 or 5 million now, but still need to dump more.

The MMs dilemma is that the recent share issue has created several large holders, that received script instead of payment from the company. These brokers/PR companies/Nomad and Registrars are not going to hold the paper, if there are further drops on the way as it has done over the past year.

Why hold shares at 1.1p, which could be worth a great deal less in only a short period of time? These companies need the payments for their own operations. So a large number of shares are going to find their way onto the market and the MMs are very reluctant to pick them up, unless they can do so at a much reduced price and trade them on.

That's probably the reason why despite the massive buying today, the MMs are reluctant to move the bid up from 0.85p. It would encourage too many sell trades from the script holders. The MMs are working the bucket shops hard to get rid of their shares, before the matter goes pear shaped.

takahe - 08 Nov 2005 13:17 - 1731 of 1732
mjr- that's because Anom's assertions about 'secret emails' are rubbish. I probably saw most of the emails that Healy sent in the early days to a poster called gunner who distributed them to a group of us (about 8). There was nothing secret in them at all. He used phrases like 'going for it from the start' (which they probably meant at the time before they hit lots of physical and political difficulties), that there 'were diamonds just a metre down' which there are, according to the geologist report and 'using barges' which was actually 'dredgers'..again, a recommendation in the geologist's report there in black and white for all to see.
For some reason, Anom thinks this is 'insider information' or was designed to 'fool the shareholders', as well as Campbell Smyth supposed to be impersonating Healy! It is just absolute nonsense!

Useful evidence that you were in receipt of communications from Healy. Open wide and stick the other foot in if you can!

There is nothing illegal about receiving communications from company Directors Anomalous. Perhaps you think it is only ok to phone up secretaries on their mobile phones like you admitted to having done with "Kerry" of EPD?

Anom....are you going off your head?
"Useful evidence that you were in receipt of communications from Healy. Open wide and stick the other foot in if you can! "...wrong again...I was in receipt of communications from Gunner, mostly. There was nothing 'secret' in them at all or anything remotely price sensitive. You have never given ONE example...you just SAY it is. I exchange emails quite often with David Horgan of Petrel, not just me....David responds to most people who email him...there is nothing wrong with that. You phone Kerry Spencer ..what is wrong with that?
I've even posted here a grumbling email I sent to Healy.... and his reply.

Anom-There has been 4.57m buys today, poeple are only buying this week. You are always deramping this company no matter what RNS they issue, are you still shorting cos your the only one who is now. Bargin price at present with further upside later this month.

I am going to publicly reveal....one of the 'secret' emails....stuffed full of secret information ..but it must be coded heavily

from October 2004
Fiona,

Yes we will be in London from 1st Nov. Our marketing company in UK is planning the event. It is more than likely be Thursday 4th in the pm say about 5:30 - 6:00pm.

Keep the Wednesday and Thursday clear if you can.

Will be able to give you at lease a weeks notice.

Regards
Shane

TheMaster - 08 Nov 2005 13:44 - 1736 of 1737
Anom-There has been 4.57m buys today, poeple are only buying this week. You are always deramping this company no matter what RNS they issue, are you still shorting cos your the only one who is now. Bargin price at present with further upside later this month.

Are you really as foolish as you appear, because it is not possible for anyone (excet the MMs) to short NML. Too low a market cap.

I have no position in this share.

No financial position maybe, but your psyche is deeply, deeply invested.

mjr - there you go again, mixing up your v's and your f's - how many times do I have to tell you!

sd

LOL! that as well!

mclellan - 8 Nov'05 - 21:49 - 3031 of 3033
What the chap told me, if I have got it correct, was that it is as if NML is a 'cleaned up shell' with Kassai reversed in to it, so its assets have grown and present shareholders are not diluted out. He says there will be more announcements over the coming weeks. No idea what...

Ianwc - 8 Nov'05 - 21:58 - 3032 of 3033
a cleaned up shell. that's a new one. lol.

mclellan - 8 Nov'05 - 22:27 - 3033 of 3033
Ianwc- that's the words he used..I don't pretend to understand it and thought it sounded 'corporate-speak'.
He also said Healy is off to Angola soon.

Are you really that innocent that you don't understand what is going on?!

I think Ianwc knows, or is being sarcastic. Andy and I discussed it earlier this evening and were bang on the money. What you are looking at Ladies and Gentlemen is a corporate phoenix operation.

It appears to me (IMO) that any company which is so tainted by failure to achieve any of its goals and diminished in value, that this company must seek a complete change of identity, to camoflage it's previous history. So how do you do this?....

If it was a woman, it would have a new hairdo, get a new frock and apply a fresh slap of make-up and find a new boyfriend/husband.

If it were a house, you would get the decorators in and apply a fresh coat of paint, build an extension, change a few bits of furniture.

If it was a car, you'd 'pimp your ride' with a new heavy duty sound system, adjustable suspension and neon lights.....

But if you're a listed company with a very bad record of failures and none of the majors want to know you.... you reverse into a fresh company only created a few months before...

change your company name...
change your listing name...
change some of the directors...
change the area of operations...

and then run back to the majors and say that you want to talk about a JV deal.

It's so simple it's laughable...

The only problem for the (same) shareholders is that they will probably get shafted in the process.

IMO in order to raise the finance to operate a new company, the old company would more than likely have to consolidate the old shareholders and then dilute them massively with the new shareholders they obtain when they've completed the reversal.

After all, you don't want to run a new company with the same massive number of shares. You want to be able to raise enough cash to keep the new company and it's new prospects and new territory running.

So you have to consolidate the old shares by say a factor of 100, raise the share price artificially to 85p to 125p, but reduce the number of shares from 239 million to 2.39 million shares. Then you dilute the old shareholders out of existance by doing a massive placing of say 5 or 10 million shares (at a discount to the market price of course of say 65p or 75p), so that the new shareholders can sell their shares into the market and collect the premium on them.

The 'clean' shell comes about, because the new company asks the Exchange for a new epic. With that Epic comes new charts (with no connection to the old company share price), new bulletin boards, but with some of the same characters - just a lot more aware of what the company is up to and annoyed at being used to enrich a few individuals at your expense. The shell is 'clean' because it comes with none of the 'failure' baggage of the old company - except the shareholders (and directors) of course.

Then with the newly raised funds ($ millions) and a massive license area, they start drilling on the known kimberlites and aeromag surveying the rest. The only flies in the ointment are the old shareholders and the old company reputation. Mind you, despite their howls of protests, the old shareholders can be ignored.

The only annoying point is that despite the new identity, the majors won't be fooled. They'll know who the new company is. The only way that any new company can attract the majors, is to find something lucrative. An economic kimberlite. But with plenty of (new) shareholders money, they can spend as much time as they like looking, whilst they issue new shares at a discount for certain people to sell into the market and collect the premium.

Meanwhile, the value of the existing shareholders, which once stood at 6p pre-consolidation goes to 0.25p and lower and even lower.

The old tricks are certainly the best, because there are always plenty of fools that have never seen them before or fallen for them.

Ever felt like you're being taken for a ride?.................

Excellent post A . My thoughts mirrored. Everything one needs to know about some of the old tricks being the best ones. .And something every NML shareholder should by now have realised is that your board are conjuring up something not unusual among smallcaps . A refit .A new corporate image .With heady new presentations to half the city who will even entertain them . .Every bit of news shows them for the mining charlatans they are Absolute novices . ,,,MMs are trying to jetison an overhang of up to 6 million shares @ o.6 to discount houses whose tiresome " ring you up at home out of the blue" with glowing reckies " smack of utter desperation .....Usually heavy buys have moved this stock ,,,,lt hasnt today. l think mms will keep NML at this level unless something remarkable happens ,,, and in my opinion it wont . And even if it did a vast percentage of the new placees would be right out ,,,,,,,,,Well back to work for me ,,,,see you in a month to six weeks hopefully NML shareholders will salvage something from this mess ....

Anomalous- I am not interested in YOUR interpretation of things. I was kind enough to pass on to Andy the information that was sent to me, in good faith.

Anomalous,

It looks like your French accent starts to slip a little at 1:49 in the morning..

When will you learn - TheFrenchConnection is not one of my aliases. You've become so paranoid, that you think I'm trying to fool you everywhere.

I only have two logins for MoneyAM - Anomalous and Anomalous1

LOL! Surely there can't be two saddos who post on a share they have no interest in at 1:30AM?

Strange as you might think it is, there are. Maybe TheFrenchConnection is in another time zone and not in France. But it's not my posts.

His command of the English language sure does seem to have come on in leaps and bounds there.

-Must be a night person........LOL!