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 ??

Anom..I have held shares in EPD longer than you. It is not doing well...I know that for a fact. I'm not selling them at the horrible, low price that they are, in the HOPE that they might rise. Your comment..."must be brain dead for investing in such a pile of Kack and continuing to hold as it drops! " could equally apply to you with EPD, if one was nasty enough to point it out! You are as one-eyed with it as you are with NML. Your latest posts on NML are ludicrous. I see you made rather a fool of yourself with AFD posts on Friday, assuming wrong information. Perhaps you should check your facts more carefully before leaping into print.
Nobody cares what you think of NML....there is a factor you have overlooked...
Have you not noticed most people are ignoring you, now, on ADVFN?

Trying to conceal the truth are we?

For those of you who attacked EPD's BB over the past 6 months - this is what real diamonds look like. Not those NML ones they put on an out of focus picture, to try and fool you they were in alluvial production.



Liqhobong Diamonds



C9 Diamonds? - are you sure? Was it out of focus for a reason? Certainly looks so.
Great huge ones? One metre down? Great handfuls of them?!!!!!
Are you sure Shane?!
Or are you sane Shane?!

If you want to be childish, it will only highlight that the NML shareholders are trying to conceal the truth.

The truth that they were misled by the management of the company. That the company never did extract alluvial diamonds during production on the C9 alluvial area.

NML can't provide the proof that they did produce - because that would mean that they withheld this information from the shareholders, even though they promised it by the end of June.

I don't think it is ME that is being childish, here, Nigel.
I will ignore you in future, with the rest....
You are becoming more and more illogical.

Do you mean 'irrational' takahe?

Probably...

I haven't posted for a few days on this BB, but Mclellan convinced me to change that:

mclellan - 24 Nov'05 - 15:57 - 3326 of 3326
dhamilton..hello and welcome to the rather currently depressed NML BB.
There are, believe it or not, a core of about 25 of us on here who are all holders.Not many people are posting just now because there is little to say and most of us are truly annoyed at the way that the Company has behaved.
There are 2 people who are arch enemies of NML..one is Anomalous,who posts pages and pages of diatribe and will go to any lengths to try and make trouble ,the other is a person with a deep grievance who started the death threat rumour last year. He changes aliases frequently and is probably shooter3.

I can understand your depression Mclellan. NML has been very disappointing, considering you were led to believe that by now they would be on 10,000 carats a month and generating enough revenue to justify a share price of 10p or higher.

It appears from your text that your are feeling very let down by the way that the company, or should that be, how the management have behaved. Not only did they mislead you with their naievety about mining matters, but they convinced you to hold on, despite all the evidence that both Andy and I were finding of incompetence or even deception.

It's a pity that you held on, all the way down from 6p and 7p, buying as it dropped, whilst the signs must have been warning you that all was not well. But then I know how easy it is to believe that all will be well if you have a little faith and wait a little longer.

The trouble is that the management were so persuasive that they would deliver. It was always one more small little push and the dream would come true. But that's the way that some trickers maintain control of their marks. They keep you interested in riches beyond your wildest dreams, by making you wait a little longer.

Whilst I agree that I do have a 'talent' for diatribe, it's not to go to any lengths to make trouble as you have unfairly suggested. You know full well that I supported the project, if not the management. If they had done as they promised, I'm sure that the shares would have been well above 10p by now. The trouble is that they were too inexperienced or too greedy to know what was staring them in the face.

Even if the Garimpo had not been as prosperous as Dr Smith suggested, there were plenty of other targets that NML could have explored without touching the kimberlites. Indeed, a few of the targets were so lucrative (in theory) that they would have yielded more than enough revenue to persuade Endiama to allow NML to become an exploration partner for the kimberlites, to take some of the strain off Catoca. But in trying to take all of the bounty for themselves, all NML have succeeded in doing is upsetting Endiama, disappointing the shareholders and making Catoca very happy by sparing them from spending hundreds of thousands, in excavating the overburden from over the pipe.

They've spent your shareholder funds making Catoca wealthier and have nothing in return. Not even the right to mine the alluvials. As it stands right now, the best you can hope for is that the Senator can persuade Endiama to give NML another chance at the alluvials. To try say the Point Bar deposits. Anywhere, so long as it is away from the kimberlites. But if Endiama can not find the persuasion 'economic' enough (and lord knows the NML coffers do have some 'flash' money to grease the palms) then NML is likely to lose the C9 alluvials and have to consider green shoot exploration near Huambo, where every third shoot has a mine attached to it!

You may think that I only wish NML unwell, but that is not so. What I wish is that the people who've sold the shares, that drove your share price down, were brought to book by the Exchange. It's not my posts or those of the others that caused the share price to drop, but the deliberate dumping of millions of shares at premium prices. These people have been persistantly selling, whilst you and others have been supporting the price by buying.

One has to wonder and consider very strongly, if the people that have been urging you to hold on just a little longer, are indeed the very same people that were happily dumping their shares at a profit. If the Exchange have indeed conducted their enquiry - which I doubt, then these people may be brought up on charges. However, that's not going to restore the NML share price. The only thing that can do that is some good fortune and maybe some silver/gold crossing palms.

Let's hope that the Senator is as persuasive as you suggest. But before you celebrate any success, maybe you ought to consider that the management has the same 'usual suspects' that managed to get you into this mess in the first place. Maybe you need to get someone with a little more experience to lead the 600 into the valley of death again! Maybe you should consult Ianwc, because he might know the ideal candidates. So long as the present numbskulls have been relegated to bean-counting again.

Maybe by the time the news comes next week, you'll have time to pause and think, who would serve your interests best, if the company is given a second chance. Or maybe, who shouldn't be allowed to screw it up again!

And you say that I "bend the truth":

mclellan - 24 Nov'05 - 17:31 - 3331 of 3331
dhamilton....depressed because I started buying these at 8.25p! My lowest buy is 1p but I have a huge holding in these.
The Company behaved badly in respect of the fact that they were supposed to do alluvial mining which was to be cash-generative by June. They changed tack , without telling anyone, and started to work on a kimberlite on their concession C9,in an effort to get a slice of a possible joint venture with a mining Major for the kimberlite potential which is MUCH more lucrative than alluvials. The share price dipped horribly thereafter, since the market thought the project was not viable. If Healy can secure a JV, it will be great, but Angolan politics are difficult to read and we all hope that NML don't get the brush-off from Catoca, the big Russian miner parked not far away and wanting C9. They have this second string to their bow in respect of a new concession at Huambo but no one knows much about this and there are more details new to be released (supposedly) by the end of November.

You were warned enough times that the share price was likely to 'head south'. I was not the only one to suggest this. Despite these warnings, where you and others attacked my forecasts, you continued to buy. Anyone that purchases shares must be ultimately responsible for their own investment decisions - UNLESS you were the victim of some kind of market abuse. I believe you were misled and that the people responsible have so far got away with the abuse.

The company did make promises they failed to keep. Not just on one occasion, but on too many to mention in my view. They did indeed change the playing field without consulting the shareholders and this to me seems a gross abuse of the trust you placed in them.

The share price dipped (on the announcement of the kimberlite failure) mainly because the company was forced to admit that they were told to indefinitely suspend all further work on the alluvials by Endiama. The import of this statement was to tell the market that there was little liklihood of any revenue from operations and that further cash calls were very likely. No wonder the price dropped. The same is possible if they make an announcement to say that they've been unsuccessful at persuading Endiama to change their mind over the alluvials.

Catoca are a successful consortium comprised of a diamond major, two other companies and Endiama. With the amount of revenue they bring into the Angolan treasury each year, it's not surprising that they would be favoured for the C9 licenses. NML simply doesn't have the resources of this giant. Catoca is able to muster considerable persuasion to convince the Angolans to give them what they need. It was completely foolhardy to think that NML could 'muscle' their way in on the kimberlites and neglect their responsibilities to provide income for their partners,as they promised.

Huambo is an unknown quantity at this stage. Given the history of the region and the advice of those who've actually been there, I would say that NML would have to spend a fortune to get any project up and running. At the moment, there is no 'project' so to speak, so they would have to spend a great deal, just looking for it. Not easy to do field geochem when the neighbourhood is full of landmines.

Let's hope that you at least have one 'done' deal (which you already must if Kassai is what I think it is!) to report by the end of November. dhamilton seems a very trusting person to buy 20,000 worth on the say of Pacific. But then maybe he's bought for the short-term......

as the rest of you thought you had last year!

Anomalous- why don't you just mind your own business. What I buy is absolutely nothing to do with you. As for 'Bend the truth' - you don't know the meaning of the word 'truth'. Stop copying my remarks to someone else...a new holder..out of context. He asked why we were depressed about NML and, as honestly as possible, I told him.
I hold NML shares and will continue to do so. There are 25 people that I know who hold these shares..not just me.
You are so spiteful and petty you latch on to any criticism we offer, like a leech.
Truly pathetic

Anom.."Let's hope that the Senator is as persuasive as you suggest"...I haven't suggested anything at all....I don't know him from Adam. As he is a politician, I assume he is used to negotiation.
Sneer away as much as you like....no one cares what you think.
You neglected to mention that dhamilton claims to have made 55K on tips from Pacific Continental so he trusts their judgement. You are very selective in what you choose to post here.

Takahe - You are wasting your time. Anom has a deep seated need to be right; to be seen to be right and to be acknowledged as being right. This means that anytime anyone says something contrary to his view, he will post "pages of diatribe" as mclellan correctly put it. His motives can't be because is he a holder as we are and is discussing part of his portfolio - it is a fascinating (to me) but rather sad neurosis. The guy/girl (I don't know) has personality problems. I susupect that every other holder on this BB respects your posts

gurumaister- I shouldn't rise to his bait, but I find his mis-information VERY annoying, particularly when he quotes me out of context. I have not found it any more pleasant than anyone else holding these at a loss for a while, but I still hope that Shane Healy can get a result here and I certainly don't think it is a con job, as Anom keeps saying. I feel so sorry for the LGB holders who DO seem to have been victims of a bad situation.
Good luck to all holders for next week...should be interesting. Gary has gone silent so I hope SH IS off to Angola.

Healy apparently went to South Africa last Sunday and then on to Angola by Tues/Wed. Don't know when he comes back, but I hope he will have have been able to sort out something on Kassai or C9 or preferably both.

Ouch.!

Sp will fall further tomorrow down to nearer the offer price of 0.5p

228 million shares at 0.95p (pre-announcement) + 1,000 million shares at 0.50p to be issued, should average out at 1,228 million shares at 0.58p any premium or discount for sentiment towards future prospects.

The fact that it dipped to .55p at one point today and has since recoverd to 0.95p near closing seems to suggest the market quite likes the news on reflection. Perhaps, as nkirkup says above, there will be more "reflection" before we are done!

takahe - why so silent?

sd

stockdog...was out earlier. We'll see what happens next..obviously it is to be hoped that this money is needed for the negotiations. GM regards it as showing that NML are serious deal-makers! I hope he is right!

Had a brief chat to Gary. SH is back in Perth and supposedly had a really good visit to Angola. Various things still in the melting pot, C9 not lost yet or anything. SH apparently didn't know about Hudson...he asked Gary how he knew and Gary said I sent him the Hudson RNS!Gary claims he already knows someone who wants to buy the pink diamonds from there.
I asked about Kassai and reminded Gary that SH had given a ballpark time of end of November for more news of that. G says that there are still legal things being sorted out and he can't say anything.
Sorry folks..no more.

takahe,

Thanks for the update.

"SH apparently didn't know about Hudson " nice to know that his up to speed on news, shareholders can sleep well knowing that.

aldwickk- he was in Angola at the time and not in touch (!) I'm sceptical, but Gary said that SH's mobile phone was as much use in Angola as two tin cans and a piece of string....
Apparently they have arranged to get HUD RNSs direct to them, in future, although I have to say you'd think they'd have thought of that before.