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 ??

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

Unfolding fast now

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

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.

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.

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

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.

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.

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.

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.

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

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

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.

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 ...

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

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

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?!

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

************************************
LOOK AT THE DATES ON THE BOTTOM
************************************


New Millennium Resources NL
04 August 2004


NEW MILLENIUM RESOURCES N.L.

UPDATE ON ANGOLA DIAMOND PROJECT

New Millennium Resources NL ('NML') is pleased to announce a number of
significant events for its diamond mining operation in Angola.

NML has:

Acquired a fully cohesive mining plant and ancillary equipment;
shipped mining plant from South Africa;
appointed mine managers; and
appointed a manager for the Luanda logistics office.

Acquisition of Fully Cohesive Mining Plant and Ancillary Equipment

NML has purchased from the Badenhorst Combine CC of Kimberly, South Africa, its
entire working plant of alluvial diamond mining equipment. This is a cohesive
unit comprising, pans and conveyors, mobile sort house, excavators, loading
shovels, trucks, cranes and numerous other equipment necessary for the mining to
commence. It is important to stress that this acquisition is a working plant
including mobile workshop, spares, tools and accommodation. This is a key
acquisition for mining in remote areas where spares and supplies are difficult
to procure.

The cost of the equipment acquisition is US$1.26m. This will be paid in three
tranches, US$126k in cash (paid), the issue of 5,040,000 fully paid ordinary
shares in NML (US$504k) to the vendors at US$0.10 (approximately 0.055) per
share and a final cash payment of US$630k on or before 30th November 2004. This
purchase brings to US$2.0m the total value of diamond mining equipment acquired
by NML since March 2004.

NML will make application for the 5,040,000 new ordinary shares to be admitted
to trading on AIM and admission is expected to occur on 9 August 2004.

Shipment of Mining Plant to Luanda

The recently acquired mining plant is expected to arrive in the Port of Luanda
on 7th August 2004, when it will be road freighted to the Lapi site and
scheduled to arrive 30th August 2004. Mining will commence within two weeks of
arrival on site.

Appointment of Mine Managers

NML has appointed the Badenhorst Brothers, Neils and Pete, as mine managers for
the Lapi diamond operation. The Badenhorst's are experienced alluvial diamond
miners having many years experience in diamond mining in the Kimberly district
of South Africa. They will operate the equipment purchased from them and with
which they are familiar. This familiarity will enable the management to hit the
ground running once the equipment is on site. The Badenhorst's are also
conversant with employing local labour and working in the terrain and conditions
prevailing at our Lapi site.

Luanda Office Fully Operational

NML has appointed Dr Malcolm Mudge as the Luanda Office Manager. Dr Mudge has
taken up residency in Luanda and has set up reporting and communications
processes and procedures between the Lapi mining site and HQ. This office will
play a pivotal role in communications and sourcing supplies and equipment for
the mine operations. Dr Mudge speaks fluent Portuguese, the predominant local
language, and is a qualified geologist, metallurgist and gemmologist.

Contact:

New Millennium Resources NL

John M. Cross (Managing Director) Tel: +61 414 375 758
jcross@new-millennium.com.au
Shane M. Healy (Finance Director) Tel:+61 414 809 010
shealy@new-millennium.com.au
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 IS A WAKE UP CALL

;-)

Got your attention? - good. Time to sit up and take notice. Up 21% today. Just 3 weeks till the first diamonds.

I could do with 10,jack,queen,king and ace tonight Baughfell... I am playing poker with the boys tonight!!!! ;-) Lets just hope this isn't the only royal flush.

It looks as though there was a 200k sell but if you look at the timing and the price at that time, it could well have been a buy.

When will they report the first findings and where do you see the price going?