edited by moneyam

lol

problem is Kivver .... I'm real , Sue Helen aint ... and you aint a parks player.

Night mate.

i was, nite, ps hope were talking about footy.

More and more will spending doing their research on DMR this weekend as they chose to ignore my research.

Is it a surprise that the 22 derampers are staying away now from this thread....maybe they actually doing some research at the moment with a view to buying in.

I'm still here observing.

The rise on Friday only covered the massive spread for fucks sake so calm down.

Hear in the grapevine that it was Brian Flynn who bought the 1 million shares at 0.40 pence on Friday + the 1 million shares at 0.35 pence on Tuesday last week.

I wouldn't put a single penny into this trash believe me.

For any newcomers reading, a brief summary regarding why the factory and sales offices have been sold is neatly stated in the last full year results:


The problems which caused the directors to take this decision are common to a
number of companies operating in the natural resources sector in South Africa.
Its products are priced in US dollars and its costs are incurred in Rands. For
some commodities, for example gold, the world prices in dollars have increased
substantially which has mitigated the problem. For dimension stone this has not
been the case, and the Group has found its net receipts from sales have reduced,
in Rand terms, to only half the level of a few years ago. This in turn made it
impossible to replace and even maintain essential quarrying equipment, reducing
receipts still further. The directors have reduced costs where possible,
including, in particular, the waiver of any right to remuneration for my
services or those of Geoffrey Hoodless. The Managing Director, Steve Taylor,
resigned in January. He had also reduced his entitlement to remuneration to a
level which was not maintainable over any sustained period. I wish to thank him
for his hard work and dedication over a difficult time. Ultimately, however, the
Directors decided that the interests of shareholders would be best served by
realising the assets while value remained in them, and seeking a new activity.

Under the circumstances the financial statements have been drawn up for the
Company only, and the interests in subsidiary companies have been reduced in
value to #400,000.

For the future the Directors are examining new projects to be injected into the
Company. When a suitable project is identified it is likely that the acquisition
will constitute a reverse acquisition and will require a new Admission Document
and shareholder approval. In this context, however, the Company, as a company
registered in Bermuda and managed outside the United Kingdom, is not subject to
the City Code on Takeovers and Mergers. In principle the Directors favour a
project in the natural resources sector in Africa, but any project with the
potential to restore value for shareholders will be considered.


I have received confirmation from Moritz that the stone deposits are still owned by Dimension and are in effect being rented to contractors for royalties which can be offset against previously incurred losses.

LOL @Sulain the Gay Cavaliers` best customer.

this was a suehelen ramp too

Hey Snip.....when did they let u out.

If u are going to dust all the threads then please be man enought to dust them all.....DOC, PMD, CLS, BSP, DMR, ETQ, ELH, CDN, WHOG, SIP

Just from the above DOC went up by 1000%, BSP went up by a 1000%, WHOG went up by 700%, CLS went up by 110%, ELH went bust, CDN went up by 10%, DMR is up by 50% so far......position is SIP was closed well before they went into administration. ETQ - made a profit of 25%....so evident on the threads....from 5 pence to 7 pence. PMD - loss of 25%.

Snip - go back and read some of ur rampish comments which didn't come off.

You have just joined the barmy army and good job you did because you're gonna show yourself up now as well.

PS. Those that listened to you and didn't buy DMR are already looking at paying over 0.50 pence for stock....they would have had to pay 0.35 pence if they listened to me. Just the start baby.....shouldn't have started this tit for tat.

Bit sad of you that you have suddenly appeared out of the closet like this. Never rated you highly.

Squelched.

I believe the price of reverse aquisition will be somewhere between i.e. new shares issued at that value to aquire the new business whatever it may be. I have based my low end estimate on the last share issue in which management partcipated (and hoodless has his 100k stake). DMR at 2m (1p/share) for a debt free cash containing (400 - 800k)16m stone deposit owning (obtaining running royalties from contractors as we speak) shell listed in Bermuda is still reasonable IMO.

Hopefully this rise (and possible continuation on Monday) will prompt comment from Moritz/Hoodless regarding progress of the factory sale.

Fireworks will really start once all the news and developments have happened.

Suehelen filling up with petrol. http://www.office-humour.co.uk/g/i/3607/

Good advice: http://news.bbc.co.uk/1/hi/business/663011.stm

Andrew.....you run out of things to write so that's what you're resorting to now. In DMR's case everyone should have not believed what including yourself 22 other derampers wrote over the last few weeks. They already have to pay 50% pay to get a slice of these.

You very write to provide a link of that article....in this instance no one should have believed the spout that you have been posting over the last week.

A total of 23 derampers here now 'active' on this thread and they are still crying ramping...ramping.

Defies belief. Does even more as the price lept 54.55% on Friday when it was the derampers posting......at a point when heavy deramping was going on.

I'm not going to argue with you.

I will only advise people reading your comments to read that article and check back over the ones you have ramped in the past.

Even if you do find a good one, it's like the boy who cried wolf.

Andrew....how noble of you...after the price has started rising.
Yes indeed please get everyone to see how BSP rose by 1000% then after the price had risen by 1000% all the rampers at MoneyAM were ramping the stock at 2.50 pence...yet it was the derampers tarnishing it at 0.30 pence.....It's all there. Shame you can't go looking for the real culprits......probably because you see me as an easy prey and those are too hard for the likes of you. Plus just the other week with CLS...how the price rose bt 110%.....and many missed out because of the derampers.

Andrew and the other derampers - clutching at straws now aren't you? If you want to buy shares at a cheaper level you should learn to buy into a fall (as I do) not once the price is stable and attempt an unsuccessful deramp.

DMR's directors Brian Moritz and Geoffrey Hoodless have more market floatations between them then almost any pairing on the UK stock market. They also have about 60 years market experience between them.

A reverse aquisition will be agreed and posted shortly IMO, at which time the scale and nature of the new business area will become apparent. Given an EGM will be requested to approve the reverse aquisition there will be a small window (say up to one month) before the company is injected. Being listed in Bermuda, DMR is exempt from from the AIM rule on takeovers and mergers which essentially means there is no requirement to issue the same opportunity of placement shares to existing holders.

For the future the Directors are examining new projects to be injected into the
Company. When a suitable project is identified it is likely that the acquisition
will constitute a reverse acquisition and will require a new Admission Document
and shareholder approval. In this context, however, the Company, as a company
registered in Bermuda and managed outside the United Kingdom, is not subject to
the City Code on Takeovers and Mergers.

Given the Bermudan listing, my speculation (as I'm sure is the same for a few PI's on here) is that the reverse aquisition placement will be a closed shop and therefore the only way to increase your holding at a reasonable price is on market. The benefits of a tax free group base are obvious for a profitable company to reverse into DMR, the type and scale of the aquisition and the unknown variables at the moment hence 'speculation', though directors have already hinted at the South African resources sector and the fact Gold seems a much more sensible proposition than stone.

Trading wise, the benefits of a Bermudan listing for private/institutional investors is that there is no requirement to report your percentage holding meaning a sizeable stake can be built over time with little market reaction and likewise stock disposed with the same..how often have you seen a price swing one way or the other based simply on the naming of a buyer/seller..this has positive and negative connotations, but given DMR is on an increase from its all time low it is logical to assume the positive variation has yet to occur..

Don't you agree?

They'll be bust within a few months.

Talk about digging your own coffin Gausie....you're well on track.

The stockmarket is not for you.

I'm getting bored with your one line deramps.