Namibian Resources Plc was incorporated in January 2001 and achieved a listing on the AIM of the London Stock Exchange in March 2004.

The Company, which operates through its 100% owned subsidiary Sonnberg Diamonds (Namibia)(Pty) Limited, holds a contract from NAMDEB Diamond Corporation (Pty) Ltd for the prospecting and mining of diamonds within the Pomona concession in the Luderitz District of Namibia. The concession area covers an area of about 120 square km (12,000 ha), and the Company is authorised by NAMDEB to prospect and mine in certain defined areas within this concession.

Namibian Resources aims to use the funds raised from the listing to increase annual production from the current level of 2,900 carats/year to 7,500 carats and then on to 15,000 carats/year.

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Very difficult to find information on this company as they do not even have a home page, friends of mine feel the annual production levels are greatly under estimated and we could see a huge up side to this company before Christmas 2004. The new equipment they are using looks promising.



http://www.mining-investor.com/

Hi
Just had a very interesting comversation with a Mr Garker (not Garth). No website, cost prohibitive and delivers nothing to share holders.
The future is bright at Namibian and the year end results (feb)could be very interesting and positive.
Very nice man and more than willing to talk about prospects in Namibia with a good knowledge on DE BEERS and their seabed exploration. Very kean to assure that the senior management have their share holders interest at heart and will never release news only to line their pockets.
confident was a word he used frequently.
All news will be listed normal channels and only normal channels. RNS etc

Sounds an excellent company and after this chat,I for one will increase my holdings.
AF

The word "confident" always worries me......
Having said that, I have some of these.

Tokyo have you bought NBR yet??

Yes I bought on the 22nd

just topped up with 3 x 10,000, very hard to get any sort of quote on anything over 10,000, had an order for 45,000 on Friday, but only 10,000 of it could be filled. (I've never had a partial fill on a stock before through com-direct)

end of the week shall tell me whether this was a good idea or not, there seem to be alot of buyers at the moment, but very few sellers. If they announce a new extension or a new contract soon, this share could rocket, not exactly in the same league as PET, but a nice jump nonetheless.

Tokyo

there is a rumour going around over on the other side that the MM's failed to fill an institual order on Friday and that is the reason for the price drop, be interesting to see if this week brings some big orders and explains the drop as buys are bigger than sells

http://www.tacyltd.com/Research_Materials_Full.asp?id=54545


RESEARCH MATERIALS
NAMIBIAN RESOURCES NEGOTIATING WITH BLACK EMPOWERMENT GROUP
December 01, 2004
Namibian Resources PLC is negotiating for further diamond mining opportunities in Namibia with a black empowerment group. Following the companys admission to AIM in March 2004 the complete re-equipping of our alluvial diamond mining concession in Diamond Area no.1, Pomona 29 Namibia has been achieved. The 10 ton per hour dense media separation plant is in commission and staff are under training pending the granting of the environmental impact assessment approval for wet screening. Production at a temporary site on the coast in the northern area of the concession is continuing until the Environmental impact Agreement is approved. The company anticipates that the 100 ton per hour in field mobile screen and mobile DMS plant will be moved to the higher grade and diamond size South West Area of the Saltztal part of the concession by the end of January 2005.Diamond production has been maintained during this six months in line with the same period last year despite disruption due to new infrastructure preparation, delivery and erection and new security arrangements for the new production facilities. We are confident that our recovery rate will now increase so that we can achieve our target of 7,500 carats or the monetary equivalent of US$100 per carat by the end of February 2005. A sampling program will be carried out ahead of our mining to confirm and update historic sampling results. A sampling program on unexplored areas will also be undertaken as soon as a positive stable cash flow is achieved, says Right Hon Lord Sheppard of Didgemere, Chairman of Namibian Resources.

Up from 27p to 41.5 in less than 3 weeks, I still think there is alot more to come from this little mining beauty.

Good positive RNS, and looks like there is more to come

Namibian Resources PLC
17 December 2004




NAMIBIAN RESOURCES PLC ('THE COMPANY')


NAMIBIAN RESOURCES CLEARED TO START MINING
ITS HIGH-GRADE SALTZTAL DIAMOND AREA



EIS Approval Allows Use Of New Wet Screening Equipment

Ready To Commence Full Production After Christmas Break


AIM-listed diamond miner Namibian Resources Plc, has received clearance from the
Namibian Authorities for its Environmental Impact Assessment completed over the
Saltztal area of its concession. This clearance is required to enable the
company to switch from dry to wet screening operations and means it can now
begin using its newly installed equipment for commercial diamond production.



The extension to the concession now includes the Eastern Saltztal where previous
sampling has indicated the presence of diamond-bearing gravels with an average
stone size of 0.7ct, significantly larger than in the rest of the company's
Pomona concession. A programme of further sampling will now be initiated to
verify this information.



Meanwhile, the company has commissioned its new mobile Dense Media Separation
(DMS) plant, and staff training will be completed by December 20, ahead of the
statutory shut down for the Christmas period. The Flowsort x-ray hands-off
diamond recovery unit has also been commissioned, and security cameras have been
installed.



The dams to supply clean water to the DMS plant and 100t/hour in-field mobile
screen are almost complete, and 1.4km of piping has been installed to enable
clear, filtered water to be pumped to these dams.



The company will be in a position to commence full production on January 17,
2005 when testing and commissioning of the in-field screen and water system will
be completed. It has, however, established a 35,000t stockpile of sized gravel
from the northern area of the resource and will begin processing this material
immediately after the Christmas break on January 14. This will continue until
the higher grade material from Saltzdal becomes available.



Namibian, via its Sonnberg Diamonds (Namibia) subsidiary, operates the Pomona
concession under licence from NAMDEB, the De Beers-Namibian Government joint
venture. The licence runs for 10 years from May 2002 with provision for a
further 10 year extension.



Negotiation over other areas are continuing with Ebony Diamonds Ltd, Namibian's
black empowerment group, and an announcement will be made as soon as there is
progress to report.



Further Info: Tony Carlton, Chief Executive,
Namibian Resources Plc. Tel: 020-8726-0900

Ron Marshman/John Greenhalgh,
City of London PR Limited. Tel: 020-7628-5518



DECEMBER 17, 2004


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

50 pence already, and still we haven't received word on their talks with the black empowerment party. I said it last week, and I'll say it again, there is still alot more to come with NBR

IMHO

tokyo

I hope you are right . You mentioned this one on the PET thread a while back and bought in last week( wish I had when you first stated) even so look a great prospect. Need something to recover PET as i did not get in cheap and not out yet( not by choice)just cant bare myself to aprt with such a loss.

Willfagg - a point that hasn't been picked up on yet, is that the new area they have been granted is alot bigger(x26 I think) than the one, on which they based all their financial projections. I plan to call the company later today, and will report back what I find.

Tokyo

that would be good to hear, thanks.It looks a winner. currently reeling form massive (for me) losses in PET and YOO(although I hope this will recover shortly)So need something to lighten my darkness!

Have just had a really interesting conversation with Andrew Carlton of Namibian resources they guy is exteremly helpful and open to investors, we discussed dry Vs wet screening, and a whole host of other areas, I tried to jot down the information that he was giving, but it was coming so quickly and positively, I would suggest the best thing to do, would be to ring the company yourself as they are exteremly happy with how things are working out, and making new contacts relationships all the time in Namibia, as if the black empowerment group wasn't enough they are also talking with various other groups including the ladies empowerment group, a host of politicians, etc, it would seem that they are positioning themselves to become a real player in Namibia. Below are a couple of points from the conversation, but I would suggest calling yourself on 0208 726 0900. Mr Carlton also mentioned that additional information on NBR can be found on http://www.mining-investor.com/

1. Dry vs Wet screening

Within NBR's last RNS you will see they have been granted an extension, this is for the Saltztal block further in the south,which was first surveyed by Consolidated diamond mines company in 1929, but was thought to be impossible to mine as the area was too wet, within this area it is impossible to dry screen as the area is indeed too wet, and the screens just get blocked up. Wet screening will allow them to blast away the earth with water jets, and then screen the material through a wet screen and indentify any diamond material, which is then sent off to be sorted.

2. New Equipment

The DMS is a sort of mobile screening machine, it can sort through 100 tonnes of material, the material is then screened, gravel washed, and the diamond material separated as it fluoreces in the screens, this is then sent through many secure processes and end up in the sorting box where the final diamond material is removed.


There was so much more, but it is best just to jot down some questions and give NBR a call, they are very investor friendly, and very positive about their future, after today's conversation I'll be adding when funds allow.


Tokyo

Tokyo,

Any chance you could cut and paste the NBR symbol and the info from the Mining-investor link into the header here please?

Andy, it has been done

Another point I forgot to add from the phone call was that he mentioned all the equipment is in place and they are ready to go from January, not sure how long it will take for the institutes to get interested, but as this moves on such little volume, as soon as they start with the DMS and wet screening in January this is going to get very interesting. I have asked NBR to send me their prospectus, but if anyone has the Collins Stewart report, could you contact me via the private messenger

Tokyo

p.s he also mentioned that he would meet with Collins stewart later today, as they will up date that report soon

Hello Tokyo mate,
you are putting in a lot of good work here,as usual,this really does look very interesting. I`m hoping it will go back to 45p ish,then i`ll jump in, the thing i like is the market cap v price, so when any news(good) is put out it should really motor.
Dexter

Hi Tokyo,

Im with you on this one. I bought in yesterday. Pity there is no website but I am gonna trawl the net to see if there is anything else I can find. I will post it if I find anything. Good to see you too dexter.

wilbs

Tokyo,

Cheers, and thanks for the updates from the company.

I dipped my toe in yesterday, and once I have time to study NBR in more detail, I may well add again in the future.

I also hold, FDI, which is operating further down the coast in Namaqualand, S.Africa.