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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 ??

gurumaister - 29 Jun 2004 10:50 - 41 of 1909

I have now!!

You are right about the sells, LEEWINK - the buys showed up later which made it look like loads of sells (comparatively).

I don't hold a lot but I am getting a bit excited about this one :)

LEEWINK - 29 Jun 2004 13:23 - 42 of 1909

Ive never doubted it since ive been here, if the news of prospecting results alone comes good as expected, well, onward again, the spread is off putting to most, but if you can put a figure on the shareprice this year or next then ask is the spread that much comparing.

gunnergonk - 12 Jul 2004 12:21 - 43 of 1909

had an email back from john cross today. very encouraging just abit behind schedule,
.Thank you for your email and reference to the new website. It is still not quite complete and there will be some additions whereas you can gain immediate access

the London AIM reports. There will also be a Newsletter soon to be made available.



It is now the policy of NMR to focus on our diamond mining activities in Angola. I have just returned from the mine which is close to Saurimo, a provincial capital

city of Lunda Sul Province, which is the centre of diamond mining activities in Angola.



The mine is now established with guards and the geological explorations are complete in the area where we intend to commence operations around end of August.

We have purchased all necessary equipment which is scheduled to leave port of Durban South Africa about 15th of July and will finally get to the mine site and

commissioned about mid August.



All our necessary personnel from machine operators to mine management are recruited, and our Luanda logistics offices are now open and manned.



We are highly confident of a very successful diamond mining venture and look forward to reporting to our shareholders to the affirmative soon.



We thank you for our support of the Company with your shares holding.



Yours truly,

John M.Cross

LEEWINK - 14 Jul 2004 15:05 - 44 of 1909

NML has released cracking news, more coming....

Unfolding fast now

SueHelen - 14 Jul 2004 17:23 - 45 of 1909

RNS Number:8470A
New Millennium Resources NL
14 July 2004


NEW MILLENNIUM RESOURCES NL

UPDATE ON ANGOLA PROJECT

New Millennium Resources NL ("NMR" or "the Company") announces significant
progress in the commercial development of its diamond mining interests in
Angola.

The C9 diamond concession in Angola is owned as a joint venture by NMR (34%),
the Angolan state diamond company ENDIAMA (51%) and local group MOMBO (15%). The
concession is located in the north east of Angola in the Lunde Sul Province,
straddling the Rio Chicapa and Rio Luo river systems, both of which contain
diamondiferous gravels.

Measured resources at the C9 diamond project in Angola amount to some
188,000cts, with additional indicated and inferred resources of 3.79Mcts and
4.80Mcts, respectively.

Since acquiring its interest in the C9 concession in December 2003 (through its
wholly owned subsidiary Angola Resources Pty Ltd), NMR has actively pursued the
procurement of equipment for the project. All mining and processing equipment
required for the initial phases of production from the alluvial deposits has now
been acquired in South Africa and is scheduled to reach the mine by the end of
this month. The Company expects the mine to enter production by the end of 2004
and begin to generate significant cash flow shortly thereafter.

Rapid progress is being achieved at the mine site and a fully manned security
camp has been established to prevent any recurrence of the problem of illegal
diamond poaching.

In addition, all key mine personnel, from machinery operators, technical
support, administration personnel and mine and production management, have been
recruited. NMR has established logistics and supply offices in Luanda and their
resident geologist is also now on site.

John Cross, Managing Director of New Millennium Resources NL, said :

"We are highly confident of a very successful start to this exciting and
rewarding new diamond project. We have the resources, the equipment and the
operating personnel in place to develop rapidly a highly profitable diamond
operation".

Contact:

New Millennium Resources NL
John Cross (Managing Director) Tel: +61 414 375 758
Shane Healy (Finance Director) Tel :+61 414 809 010

Seymour Pierce Ltd
Jeremy Porter Tel: + 44 20 7107 8000

Capital PR
Michael Spriggs Tel: +44 20 7902 0701


About New Millennium Resources NL

New Millennium Resources NL is an AIM-listed diamond exploration and development
company with a significant (34%) interest in the high quality C9 diamond project
in Angola, set to enter production by end 2004 and with expectation of
substantial cash flow for the Company.



This information is provided by RNS
The company news service from the London Stock Exchange

END

SueHelen - 14 Jul 2004 17:25 - 46 of 1909

LONDON (AFX) - New Millennium Resources NL (NMR) said it expects its diamond
project in Angola, the C9 concession, to enter production by the end of 2004 and
begin to generate significant cash flow shortly thereafter.
"Rapid progress is being achieved at the mine site and a fully manned
security camp has been established to prevent any recurrence of the problem of
illegal diamond poaching," the company said.
The C9 diamond concession is owned as a joint venture by NMR (34 pct), the
Angolan state diamond company ENDIAMA (51 pct) and local group MOMBO (15 pct).
Measured resources at the C9 diamond project in Angola amount to some
188,000 carats, with additional indicated and inferred resources of 3.79 mln
carats and 4.80 mln, respectively.

SueHelen - 14 Jul 2004 17:34 - 47 of 1909

graph.php?showVolume=true&enableRSI=true

SueHelen - 14 Jul 2004 17:49 - 48 of 1909

PRICE 4.75-5.50 pence. Trades over 10,000 shares are delayed in reporting by 2 hours. Up 13.8% on back of this afternoon's news. This is the kickstart the price needed and a rally in the share price may be forthcoming. See upper bollinger band on below chart as it has started rising which normally takes the price up in line with it.

graph.php?enableBollinger=true&enableMAC

SueHelen - 14 Jul 2004 18:46 - 49 of 1909

Press mention (will appear in tomorrow's Daily Mail Newspaper ) :

Diamond miner New Millennium Resources saw its shares gain 0.62p at 5.12p aftewr the firm said it expects its diamond project in Angola, the C9 concession, to enter production by the end of 2004 and begin to generate significant cash flow shortly thereafter.


'Rapid progress is being achieved at the mine site and a fully manned security camp has been established to prevent any recurrence of the problem of illegal diamond poaching,' the company said.

http://www.thisismoney.com/20040714/nm80400.html

LEEWINK - 14 Jul 2004 19:25 - 50 of 1909

Thankyou very much for posting these details, its most appreciated to see someone see the prospects aswell, may I add that end of year for minestart is to me over exagurated* and should be somewhat prior of that.

To back my claims, they have said already that security has been setup now, new management and miners employed now, further equipments bought, new offices up and running etc etc, as i've said sometime back and this adds to it now, why set all this up for nothing, especially security as we've not even had results of prospecting RNS'd yet.

Onto prospecting, on contacting the firm they are extremely upbeat about the outcomes, and quote - outcomes and results were over what was expected initially.

You will see further up this thread an inserted link to a report I posted, read on page 2, I know what your gonna say, it is cracking !! Now, if the results are better than expected, I see them in line with this report forecast.

All final parts of the puzzle are now slotting in, and at this 5p level I call baseline buying, as once the prospecting results come (probably soon) then we will continue the climb onto minestart and many years of income.

Thanks again sue.

SueHelen - 15 Jul 2004 00:02 - 51 of 1909

Investtech Analysis after today's close :

Neutral (Short term) - Jul 14, 2004
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. The stock has marginally broken up through the resistance at p 5.24. An established break predicts a further rise. Poor liquidity (traded 82% of the days, mean 0.79 mill per day) weakens the analysis. The stock is overall assessed as technically neutral for the short term.

Andy - 15 Jul 2004 00:27 - 52 of 1909

I managed a modest top up 1 hour 26 minutes before the RNS!

The price may drift again if no further news, and I would view that as an opportunity for a few more modest top ups prior to mining actually commencing, which judging by the RNS, could occur in October I guess.

LEEWINK - 15 Jul 2004 07:36 - 53 of 1909

Just don't forget, that prospecting results will be the main news, this will come soon, IMHO waiting for the minestart will be too late, prospecting again is everyones opinion making news.

LEEWINK - 28 Jul 2004 17:41 - 54 of 1909

looks like its starting now, this month I think will be deffinitive for NML.

if you are still looking, buy now, trust me ....

SueHelen - 28 Jul 2004 17:53 - 55 of 1909

Good rise today though I am not expecting too much just yet, the 14 day RSI is in a very heavy overbought position coupled with the Upper Bollinger Band which has not really edged up as I would like too just yet.


graph.php?scheme=Colourful&enableBolling

LEEWINK - 28 Jul 2004 18:43 - 56 of 1909

It will be a deffinitive month this coming, charts mean nothing as i've said before, they don't reflect whats coming, and they won't till we've got it.

Imminently, and this coming month you'll see the turnaround ...

If you want to buy, buy now, or just watch it happen ...

legend290782 - 28 Jul 2004 23:35 - 57 of 1909

Will be interesting. Did you get any tradingsports leewink?! Please tell me you did... 15-40p in 2 days, more to come I hope!!

LEEWINK - 29 Jul 2004 07:38 - 58 of 1909

legend, trust me, imminent and through the coming month are paramount ...

legend290782 - 31 Jul 2004 00:26 - 59 of 1909

Will hold you to that mate. If you are right then I will be a very happy man. I don't have many I will be honest, about 20k. What price are you expecting? So did you buy any Tradingsports Exchange Systems?!

LEEWINK - 01 Aug 2004 11:14 - 60 of 1909

No mate, too tied up with researching this one to notice to be honest, lets see what pans out :)
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