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 ??

Smells like profits on the horizon to me, ASMITH2.

That lovely sweet smell of profits getting closer every day.

Asmith2 is NOT Asmith - you have been warned.

Ian, is this lookalike name permitted under your rules, please?

sd

Who's Asmith?

Not Asmith2 lol!

Paws for thought . . . .

I guess bashing of any sort must be in the blood - but, why is it that share bashers often seem to be gay-bashers as well? Perhaps it doesn't matter what you bash, as long as you're having fun.

sd

Stockdog,

Asmith2 has been posting here for a while, I don't see a sudden problem, unless you know of one of course.

Who is A.Smith anyway?

maybe I'm just hypersensitive to lookalike names - apologies to asmith2 if you are the real asmith2, not just pretending to be asmith (who I assumed was begotten first) - what do I know? nothing!

I'll shut up.

sd

sd,

"paws for thought" lol!

Buy quotes getting very tight - 15k max @ 3.94p!

Sell quotes now quoting above the bid 3.58p

LOOKING THE MOST POSITIVE FOR A LONG TIME..

Now 3.5 - 3.9p, max 50,000 online.

You bought in yet Andy?

Looks like the boat may be about to pull up anchor and set sail.

Now bidding 3.65p for more than you can buy - first time I've seen that in months?

Buy: 5k @ 3.98p
Sell: 50k @ 3.65p

This needs news and volume for the ship to set sail but dont rule out it sinking before its out of the port!

Why on earth should it sink?

Looks very strong to me. Should go far.

Quite easily if the diamonds arnt up to scratch and are not commercial and further exploration was necessary at the cost of another placing.!That sort of news would slam this to sub 1p all in one go.Then we would know why millions of shares have been dumped at any old price.

Don't see why, even on that sort of news, it should go below the price it was say 2 years ago ie 3-4p.

We are at the bottom of the trading range now.

I dont see why a Diamond Producer should be valued at 6 million quid or 3.75p near enough an all time low,thats the mystery and thats why theres so much speculation about the seller/s this being some kind of con etc etc on most bbs.
imo theres something not right here dont know what an earth it could be but Im sure we will all find out soon enough.

It's just very overlooked - one of those rare great bargains imo.
There is no big conspiracy here. It is in everyone involved's interest to make NML a successful diamond producer.

There has been a largish seller over the past 6 months or so, but they look to have stopped recently. They could have been selling for any number of reasons from which we cannot infer that NML is a "con etc etc".

The landscape of this share price will be changed dramatically once affirmative news is released next month.

"It's just very overlooked - one of those rare great bargains imo."
Lets hope youre right and everyone makes some good money out of this for a change.

The rumour on the other side is that it may well be De beers who have taken some or all the placed shares as they had been interested in C9 previously. De Beers also announced a few days ago that they were going back into Angola. Level 2 now is showing all but one on 3.5-5.00. A few buys and hopefully we will start to go up.
Di

New Millennium Resources Ltd
01 June 2005


New Millennium Resources Limited

Issue of equity


New Millennium Resources Limited ('NML' or the 'Company') announces today that
it is issuing equity for cash in order to bring forward its exploration program
on the kimberlite prospect at its Rio Lapi concession in Angola.

Managing Director John Cross said:

'The world demand for diamonds is escalating. Competition for diamond bearing
kimberlite is fierce and it is in the Company's best interest to commence
exploration as soon as possible. It was our intention to carry out this
exploration during November and December 2005 and to fund the project out of
cash flow from the alluvial operations. However, it has become necessary to move
this plan forward six months to provide hard data to prospective major joint
venture partners who have shown an interest in our kimberlite prospect on C9.'

Further to our announcement on 11 April 2005 concerning Kimberlite exploration
the Company has today announced that it has placed 12,500,000 ordinary shares at
a placing price of 4p per share raising GBP 500,000 before expenses. Application
has been made for these shares to be admitted to AIM and admission is expected
to occur on 6 June 2005. These funds will be used to carry out exploration of
potential diamond bearing kimberlites available to the Company in Angola.

Amongst other opportunities, the Company's wholly owned subsidiary Angola
Resources Pty Ltd in association with the Angolan government owned diamond
monopoly ENDIAMA and local partners Mombo, has indications from third parties
that up to eleven magnetic anomalies exist on its Projecto Lapi C9 concession.
Exploration on this concession has been carried out by third parties in the
recent past. ARL now needs to prepare to carry out its own exploratory drilling
and analysis. It should be noted that this exploration will not detract from the
Company's focus on its alluvial diamond production which is now fully
operational.

For further information contact:

New Millennium Resources Limited

John M. Cross (Managing Director)
Tel: +61 414 375 758 Tel:

jcross@new-millennium.com.au

Shane M. Healy (Finance Director)
Tel: +61 414 809 010

shealy@new-millennium.com.au

Daniel Stewart & Company Plc

Alex Davies
Tel: +44 (0)207 374 6789

St. Swithins PR

Gary Middleton
Tel: +44 (0)795 160 3289


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