edited by moneyam

You seem to have stop posting on one of my others dell314...TPA seems to be well up since few days ago when you could not stop your deramping for some reason.

Nav calculator with 197,042,498 shares @10/10/05

Market price (pence).........NAV (m)
0.20.............................0.39
0.30.............................0.59
0.40.............................0.79
0.50.............................0.99
0.60.............................1.18
0.70.............................1.38
0.80.............................1.58
0.90.............................1.77
1.00.............................1.97
1.10.............................2.17
1.20.............................2.36
1.30.............................2.56
1.40.............................2.76
1.50.............................2.96
1.60.............................3.15
1.70.............................3.35
1.80.............................3.55
1.90.............................3.74
2.00.............................3.94

Reverse takeover is also in the offing...the nav calculator may prove useful if DMR inject a new company shortly to enable us to put a price target on the new company (I may have to recalculate if more shares are issued - though I'm hoping it will be aquired via long-term convertible loans).

Sue - you sold TPA at breakeven or a small loss. It is obvious that you don't hold it anymore, as you've stopped pumping it.
FWIW, I still wouldn't touch it, as they are at the mercy of HSBC; the bank that did the dirty on HTH in similar circumstances but I suppose it may be OK for those who like a gamble.

Your NAV calculator(nicked from a poster on ADVFN, like most of your posts) suggests that DMR is currently overvalued on a NAV basis, as shareholder funds are currently a tad over 400k.

I hope that helps.......

Rgds
dell

All IMHO, DYOR etc.

Again that is what you use when I get one over you....say that I sold out. I have better things to with my time rather than get into slanging matches...I don't have the luxury like you to spend time deramping on my stocks.

I'm mystified that the so called expert on balance sheets was ramping My Travel at the 40 pence levels.

Suhail - You appear to be oblivious to the following facts:

1) DMR's South African assets are currently being sold/auctioned by the SA equivelant of liquidators.

2) DMR have consequently written down the assets of their SA subsidiaries to expected realisable value from the asset sales.

Which part of this don't you understand?
Have you actually read any of the recent RNS releases?

Rgds
dell

All IMHO, DYOR etc.

As I said how come you did not visit the EVS thread at the 3 pence prices....

How many times dell314....the price is where it is because it is unclear.....if they can sell the stone then 5-6 pence here we come.

Ps. You have not posted on my CLS thread today...is it because the price closed blue today. Doesn't surprise me.

Just re-reading the header:
'
What other benefits are there for being listed in Bermuda?
1. Apparently, nobody has to declare how much stock they hold - even if over 3%(unless they are a financial institution directly involved with the company (formerly Hoodless brennan has to declare)
2. Tax benefits for the company, meaning potentially more dividends.'

I suggest adding:

3. A portfolio of resources located in RSA held in bermuda (i.e. offshore to rsa) might be more marketable to global resource companies.

those with long memories may recall that this use of holding companies located
offshore to rsa has enabled considerable unbundling, restructuring and unlocking of value in recent years, prior to which value within was not fully reflected in share prices.

DMR will unlock the value of the stone deposits in the future....it's at your own perils whether you decide to buy now ahead of the unlocking of value...or wait for them to unlock the value and get in at 5-6 pence which will be the value of the shares once they have.

Now your back ... would you like to admit that you were blatently lying on the QTR thread Sue ?

Why should anyone (apart from your numerous aliases) believe anything you post ?

Throwing darts at the share section of the FT would over time get better results than investing in the sh*te you ramp.

Suhail - You appear to be oblivious to the following facts:

1) DMR's South African assets are currently being sold/auctioned by the SA equivelant of liquidators.

2) DMR have consequently written down the assets of their SA subsidiaries to expected realisable value from the asset sales. This figuire is 400k.

Which part of this don't you understand?
Have you actually read any of the recent RNS releases?

Rgds
dell

All IMHO, DYOR etc.

Good Morning All,

I will continue my buying spree at these levels on my own then...just like I was doing with BSP at these levels when dell314 was bashing and causing slanging matches on that thread. BSP went from 0.30 pence to 1.30 pence when they announced they were unlocking their holdings in ACS and Geosim as I kept saying they would and dell314 continued to post contradictory arguments just so that he could feel better with himself and be satisified that he has put buyers off. Shame he did not appear again to keep everyone up-to-date....especially those that missed out.

DMR will unlock the value of the stone deposits when the time is right....

Have a good day guys....straight from the heart.

Sue - During your BSP ramp, prior to last Christmas, I was laughing at you(not at BSP), as you were doing one of your stupid pump'n'dumps and were claiming that BSP would be floating at least one of its seed companies before the New Year.

Funnily enough nothing happened during your ramp and you sold at breakeven or a loss.
It took over six months for interesting developments to start happening at BSP and FWIW, they still haven't floated Geosim or ACS.

I think it is an interesting company but it was obvious that nothing was going to happen during your disgusting attempt to con the naive into thinking that huge developments would happen within weeks of your pump'n'dump starting.

All IMHO, DYOR etc.

Rgds
dell

Yes whatever...As I said it has got to the stage that you are using different methods to aid your deramping.

What has DMR done with 16m of stone deposits and 1.3m current assets - good question....I'm guessing as the stone business tangible assets have been 'sold' the carrying value of the stone deposits has been written down to 0 as why have a stone asset listed when it cannot be extracted. Just guessing but I'd suggest they'll find some value in it somehow further down the line....

I believe the most likely target to be aquired is a diamond prospect/mine....diamonds are in fashion at the moment and prices are very high with no sign of slow-down. Directors already hinted at an SA natural resources aquisition, which basically means diamonds or gold in my view. Diamond resources are the best bet IMO. As for the guys running the operation that has returned nothing but losses to shareholders in 5 years, I have suspicions that Mr G Hoodless of the Market Maker fame is using this a 'retirement' project. He's already invested 100,000 at 0.5 and lets not forget, this aquisitions and mergers expert is already a director of DMR...Time will tell but IMO deals are being brokered as we speak and a new resources company will be revealed with Mr Hoodless or a pal at the helm. I believe they will also grant themselves lots of options at silly prices as part of the reverse aquisition.Best not forget the Bermudan connection either (company is registered there), that means two possibilities:
a) aquisition is made a rediculously low price, options are granted and UK market brings the price through the roof.
b) existing shareholders get marginally screwed with a consolidation and substantial placing, long-term winners all round

Suhail - You appear to be oblivious to the following facts:

1) DMR's South African assets are currently being sold/auctioned by the SA equivelant of liquidators.

2) DMR have consequently written down the assets of their SA subsidiaries to expected realisable value from the asset sales. This figuire is 400k.

Which part of this don't you understand?
Have you actually read any of the recent RNS releases?

Rgds
dell

All IMHO, DYOR etc.

Dell314
Is this an echo from post 47, or has it something to do with one's age, or maybe that you have nothing new to say?
Some times we all seem to get a little bit to serious about our own opinions don't you think?.

Loadsa

dell314 is only here because of me...as I iterated....he has been following me around for years.