edited by moneyam

Brian Moritz has replied to an email sent by another poster (posted last week about this):

As promised a welcome response from Brian Moritz....still a little guarded....sale of the factory seems to be near completion as opposed to 'auctioned off' as stated in last results in October:
__________________________________________________________
Dear Mr Dusseldorf

I am sorry not to have replied earlier but I have returned today from South Africa,
on holiday and not in Somerset West!

The stone deposits are intended to be operated by a third party and Dimension, via
Natural Stone Industries, will be paid a royalty. This should enable the tax losses
to be used up against the income from the contractor. Selling the quarries outright
is not easy as we are advised that it would trigger a change from old order to new
order mining rights. In other words, we would not have the sole right to re-apply
under the new legislation, we might lose the right entirely and we would in any case
need a BEE partner with 26% of the operation.

Dimension itself is a Bermuda company and not subject to tax, but I have covered the
tax angle above.

As and when we have a signed contract for the sale of the factory we will make a
formal announcement on RNS. Until that point it is very difficult to reach an
agreement to bring in another business as we do not know what we have to offer.
However, any new business is likely to require cash. What Geoffrey Hoodless and I
are currently saying is that any additional cash will need to be the primary
responsibility of the incoming people rather than ourselves

Regards

Brian Moritz

The party is just beginning IMHO.

Brian Moritz seems to be on the ball and talking big....I like the below bit:

"What Geoffrey Hoodless and I are currently saying is that any additional cash will need to be the primary responsibility of the incoming people rather than ourselves"

Geoffrey Hoodless have invested 100,000 pounds at 0.50 pence....that price may look dirt cheap in the not to distant future. We could be at multiples of the 0.50 price.

New Investtech Update as of yesterday:

Neutral (Medium term) - Nov 14, 2005 Analysis Explanation
Has broken through the ceiling of a falling trend channel. This indicates a slower falling rate initially, or the start of a more horizontal development. Has given positive signal from a inverse head and shoulders formation by a break up through the resistance at 0.22. Further rise to 1.42 or more is signaled. The stock has support at p 0.10 and resistance at p 0.35. The poor liquidity of the the stock (traded 64% of the days, mean 0.15 mill per day) may weaken the analysis. The stock is overall assessed as technically neutral for the medium long term.

http://www.investtech.com/main/market.php?CompanyID=44102694&product=4

I see the rise to 1.42 pence or more comment is repeated again....not too far away with news any day now due.

News should be a matter of days away.........

Investtech Update from yesterday:



Neutral (Medium term) - Nov 21, 2005 Analysis Explanation
Has broken the ceiling of the falling trend, which indicates a slower initial falling rate. Has given positive signal from a inverse head and shoulders formation by a break up through the resistance at 0.22. Further rise to 1.42 or more is signaled. The stock has support at p 0.10 and resistance at p 0.35. Poor liquidity (traded 55% of the days, mean 0.15 mill per day) weakens the analysis. The stock is overall assessed as technically neutral for the medium long term.

The Bollinger Bands have got very tight again......news this week and big breakout on the upside ???

If the aquisition is going to be Gold mine based, the potential will be huge. Some experts predicting large increases in market value as China and Russia replenish stocks.

Come Mr Moritz, we await an aquisition.

Nice buy of 950,000 shares reported today at 0.27 pence....

Sue Helen, do you have a large interest in DMR. Do apologise if you have posted this infornation earlier but there are so many post to wade through.
edit:
regards opto

Have accumulated a holding of 2 million shares in DMR at these prices.....waiting for the new company to emerge shortly.

Nice holding SH, good luck.
opto

Yes, good luck Sue.

Thankyou very much guys.

http://www.rte.ie/business/2005/1205/ormonde.html

http://www.newratings.com/analyst_news/article_1149090.html

Another one of your pile of sh*te ramps Sue.

Oh nearly forgot .... congratulations on being named moneyam ramper of the year 2005 at the xmas lunch.

Very well deserved .

edited by moneyam

Yes she is.