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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 ??

takahe - 16 Jun 2005 23:14 - 893 of 1909

stockdog
is this one too sedate for you?
morrco_1846_3812351

EWRobson - 16 Jun 2005 23:22 - 894 of 1909

takahe: The geologists are well aware of the political issues, no doubt, and is presumably why they have taken the probibility factor as low as 40% to include the commercial risk. I expect we all take this down-weighted figure and then apply another factor of our own: even if we do we still have a very sizeable figure.

Eric

stockdog - 17 Jun 2005 00:35 - 895 of 1909

tkahe - that looks just the ticket. Now for one that fits round my neck as well - oh, you cheeky boy!

eric - geologists are respected if independent. Which mining company was it where the SP tanked shortly after the in-house geologist was pushed out of a helicopter - in mid flight!

I take it the balance of informed opinion is to hold NML until better times.

sd

Andy - 17 Jun 2005 00:36 - 896 of 1909

stockdog,

The answer to your questions was - BRE X

stockdog - 17 Jun 2005 00:46 - 897 of 1909

so it was, thanks, Andy

mjr1234 - 17 Jun 2005 12:32 - 898 of 1909

Nice 250k broker trade.

GayBriefs - 17 Jun 2005 12:57 - 899 of 1909

Its down again though isnt it this has to be one of the biggest piles of pink pants ever to be listed on the lse.!Someone told me this floated at 30p...gosh what a pair!!!

mjr1234 - 17 Jun 2005 13:04 - 900 of 1909

LOL! They want you to sell. They haven't got that many shares otherwise, why did someone have to do a B trade to get 250k?

GayBriefs - 17 Jun 2005 13:18 - 901 of 1909

LOL - Buying at under the mid price and they want you to sell????????
Sorry but dont get that one....

mjr1234 - 17 Jun 2005 13:25 - 902 of 1909

Getting quoted 4.12p to buy.

2x205k at ~3.85p looks like a rollover.

GayBriefs - 17 Jun 2005 15:01 - 903 of 1909

LOL Down 6% now there really is just no hope for this pile of cack!

mjr1234 - 17 Jun 2005 15:06 - 904 of 1909

You'd better sell then?

GayBriefs - 17 Jun 2005 15:14 - 905 of 1909

Already have done whilst there was some value left this is one big loooooser.

mjr1234 - 17 Jun 2005 15:17 - 906 of 1909

What did you sell for? That your 12k at 3.5p? LOL.

Andy - 17 Jun 2005 16:07 - 907 of 1909

mjr1234,

Interesting BUY rollover, someone is confident!

Or a T trader locked in and hoping for a rise.

safe hands - 18 Jun 2005 09:19 - 908 of 1909

Robson, you don't half talk some rubbish sometimes. Face it, this company looks like a con company....

takahe - 18 Jun 2005 11:22 - 909 of 1909

Andy- or someone who temporarily needs the cash for something else...

Andy - 18 Jun 2005 11:50 - 910 of 1909

takahe,

But they ROLLED, ie didn't sell, the money is still in the market, and they have yet to pay for their shares!

I wonder what their buy price was?

The price looked weak on friday, and it will be interesting to see if the holders respond with more buys on Monday.

The spread is the killer.

takahe - 18 Jun 2005 17:42 - 911 of 1909

Andy
They might be waiting on arother deal concluding before the next T20 expires.

Andy - 18 Jun 2005 17:44 - 912 of 1909

takahe,

Yes ok you may well be right.

Not your rollover is it?
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