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new millennium resources (NML)     

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 ??

bundu - 08 Jan 2006 21:07 - 1824 of 1909

Andy - why would there have to be an RNS before positive news? The share is suspended, so price-sensitive news does not matter.

Andy - 08 Jan 2006 22:13 - 1825 of 1909

bundu,

That would be the RNS required to unsuspend the share, that is if I'm correct in thinking it's the lack of notification from the placing that has caused the suspension in the first place!

They will have to RNS the new large holders, before the suspension is lifted IMO.

takahe - 08 Jan 2006 22:37 - 1826 of 1909

hi bundu..haven't seen you here for a while.
At least Shane Healy must have something to say....perhaps there will be an RNS in the morning, with more information

takahe - 08 Jan 2006 22:38 - 1827 of 1909

stockdog....was that what happened with EPD? They couldn't get their shares paid for?

Andy - 08 Jan 2006 22:55 - 1828 of 1909

takahe,

are you going to the AFD AGM?

takahe - 08 Jan 2006 23:14 - 1829 of 1909

Hi Andy...I haven't decided yet..

takahe - 08 Jan 2006 23:15 - 1830 of 1909

a poster on the other side makes the point that the CNBC is CET time which is 11.35am here.

takahe - 09 Jan 2006 15:25 - 1831 of 1909

Well...after a bit of trouble, I tracked down Nick Hasell and had a chat. Guess what? He doesn't know for sure that the placing failed at all! He said he had found a bit of an information vacuum because he hadn't been able to get a hold of Gary Middleton or Healy and he had assumed that the placing had failed

stockdog - 09 Jan 2006 19:10 - 1832 of 1909

sounds fair enough by anyone's standard of fair reporting!

anyone hear anything of interest on the CMBC item?

Andy - 09 Jan 2006 22:44 - 1833 of 1909

takahe,

If that's true then he should hang his head in shame!

I at least expected him to have had a source,not to make a wrong assumption.

NO RNS today, so I expect they are thrying to collate the figures from the placing.

takahe - 10 Jan 2006 11:15 - 1834 of 1909

Andy..'if it's true'? ....here is his email and you can verify what I have said...
nick.hasell@thetimes,co.uk

The placing may be one buyer, for all we know so far.
I emailed the article and my conversation with Hasell to SH and got a polite email of thanks so he knows about the article.

nkirkup - 10 Jan 2006 12:16 - 1835 of 1909

Is this the end for NML?

New Millennium Resources Ltd
10 January 2006


New Millennium Resources Limited

Resignation of Nomad / Broker

New Millennium Resources Limited (the 'Company') announces that Daniel Stewart
and Company Plc resigned as the Company's Nominated Adviser and Broker at 17.44
hrs on 6 January 2006 with immediate effect.

The Company is seeking to appoint a new Nominated Adviser and Broker without
delay. Should a Nominated Adviser not be appointed by the 7th February
2006, the London Stock Exchange Plc will cancel the admission of the Company's
shares to AiM.



takahe - 10 Jan 2006 13:04 - 1836 of 1909

From ADVFN,
'Just phoned SH -

He has just confirmed that the 5m has been placed. That is not the problem.

It is a regulatory issue one part of which is the identification/possible announcements relating to placees holdings.

He does not expect the AIM listing to be cancelled as the last part of the latest RNS indicates if no nomad is appointed. That bit has to be in.

He said await announcements.

The NOMAD going could be a reflection of the fact that they have not been doing their job correctly in advising/liaising with the company.'

takahe - 10 Jan 2006 13:06 - 1837 of 1909

My own personal experience of the Nomad's office from the other day is that they are absolute idiots.

stockdog - 10 Jan 2006 14:22 - 1838 of 1909

I have to say now is the time to accept the worst possible interpretation - to do less is fooling no one but oneself that there is any salvation for this company.

Suspension followed by resignation of NOMAD for a company with this track record of management and results is as resolutely steady an indicator as a share price chart constantly bouncing down off a falling moving average.

Takahe, I admire your conviction, but recommend at least a balanced view of the facts - not that any of us can do anything about it currently.

Repent, all ye sinners, for the end is nigh!

sd

takahe - 10 Jan 2006 15:27 - 1839 of 1909

stockdog...it's not a question of conviction...I'm not totally daft..
I know it doesn't look good, but I'm only posting what SH said
to notready, above. The Nomad's office IS daft..no dispute about
that. Try speaking to them!

aldwickk - 10 Jan 2006 16:25 - 1840 of 1909

'Just phoned SH -

" He has just confirmed that the 5m has been placed."

Confirmation of the placing should have been in a RNS, not to an invester who happens to get to speak to him by phone.

bundu - 10 Jan 2006 16:43 - 1841 of 1909

It WAS confirmed ...in the RNS of 6/12/05.

aldwickk - 10 Jan 2006 17:09 - 1842 of 1909

Bundu,

It WAS not confirmed that the placing had been taken up in full, if so why did he confirm it over the phone then ?

takahe - 10 Jan 2006 17:24 - 1843 of 1909

bundu- I was just about to say the same...6/12/05
As far as I am aware,there was a complaint to the Regulator( and I think we all know who that was...Anomalous was boasting that he had put in a complaint) and the Nomad had to act. NML have presumably refused to say yet who the buyer of the new shares is and Daniel Stewart have had a falling out with Healy
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