Its getting there......

Thank you StarFrog - a princely gesture :>)

Are you sure it's not adonisisadiamondgeezer.com?

:>) Hils

Macca,i see your pdl has got a tip for 2005 from that rag mag.

Its having another go

Christmas 2005 it is then.

only another 5p to go....

It was in one of the sundays yesterday macca,looks nailed on.

sorry DD, I didnt buy the Sunday Sport

Petra Diamonds buys Crown Diamonds in reverse takeover
AFX

LONDON (AFX) - Petra Diamonds Ltd, an AIM quoted diamond mining company, has conditionally agreed to merge with Crown Diamonds NL, buying the entire issued equity of Crown.

The all share transaction, which is subject to regulatory and shareholder approval, values Crown at 35.3 mln stg and Petra will as a result have a dual listing in Australia and London.

Petra will issue 37.2 mln new shares to Crown with the latters shareholders to get one Petra share for every 8 Crown shares.

Because the merger represents a reverse takeover, Petra has been suspended from trading on the AIM.

Johan Dippenaar is to be appointed chief executive of teh emrged group.

Details of proposed merger

Tens of Millions of new shares + a company that is operating at a loss = relisting at +/-45-50p:-(

Relax poes ...... it's a very good deal which should enable them to better realise their prospects and turn them more towards being a production company. Imo of course.

hilary, how many reverse takeovers result in the relisting at a higher price? - fuckall.

I can think of quite a few actually, but wdik?

This deal has been on the cards for ages. It's something that Adonis has been working towards since the Oryx deal was aborted a few years ago. It had to happen sooner or later and if you couldn't see it happening, you shouldn't be invested!

hilary - dont now make out that you new about it before what absolute rubbish. You always get the 'I new it was going to happen' after the event bullshit, why wold anyone believe you? Maybe a couple of examples to backup your claim re reverse takeovers. Thanks.

Get a life, poes!

Have you ever bothered to pick up the phone and speak to Adonis himself? Have you ever met him when he's been in London? Half of Cannon Street leak his news out days before it happens. It's got to be one of leakiest stocks on AIM.

And no, I didn't know that it was going to happen today. Nor this week. Nor this month even, for this matter. But it was a no-brainer that it was going to happen before not too long.

And I don't know why you're getting so stressed about it. Petra need money to realise the full potential of Alto Cuilo, without which they could end up give AC away for peanuts or, worse, go bust. This is a good deal, imo. Do you actually know anything about the mechanics of a reverse takeover?

Where are your examples hilary?

Tens of millions of more shares + a company that is running at a loss + placing to institutional investors = disaster for the share price.

It just gets better and better. 5 by christmas

Mano River Resources Inc
23 February 2005


MANO RIVER RESOURCES INC.

NEWS RELEASE

23 February 2005
No: 2005/04

TSX Venture Exchange (TSX-V) Trading Symbol: MNO
London Stock Exchange - AIM Trading Symbol: MANA

MANO RIVER WELCOMES PETRA DIAMONDS AS ITS NEW PARTNER ON THE KONO KIMBERLITE
MINING PROJECT IN SIERRA LEONE

Mano River reports that is pleased to welcome Petra Diamonds as its new partner
on its Kono kimberlite project in Sierra Leone.

Petra Diamonds and Crown Diamonds recently announced that, subject to stock
exchange and shareholder approval, the two companies had merged to form a larger
diamond exploration and mining entity, listed on both the London AIM and
Australian ASX Exchanges. The new Petra, which incorporates Crown's producing
expertise and Petra's African exploration expertise, results in an entity that
will enhance the likelihood of success in the existing Mano joint venture and
expand the scope for future deals.

At recent meetings held in Cape Town between the managements of Mano and Petra,
during the INDABA Conference, the new board of Petra Diamonds confirmed that the
joint venture with Mano remains a fundamental part of their company expansion
plans and that they remain fully committed to the kimberlite mining programme in
Sierra Leone. Furthermore, Petra indicated that they are considering an
accelerated programme of development of the extensive diamondiferous dyke swarm
contained within Mano's licences, with work expected to commence in the very
near future.

On behalf of the Board of Mano River Resources Inc.
Tom Elder
President and CEO