Namibian Resources Share Discussion Threads

[bluesbeater] 26/11/2010 10:13

Production picking up but another £212K in loans from the directors. How long can this carry on? Either fresh investment or someone ought to buy this out, surely

[meson] 21/10/2010 16:20

Two shareholders at yesterday's AGM. Atmosphere appeared more bullish than previous ones but primary need remains raising of more capital to replace worn out equipment - adverse climatic condition having taken its toll over last 6 years. Diamond prices are picking up again with emphasis changing from prospecting to production. Subject to funding, there remains the possibility of using a boat to harvest diamonds off the seabed adding an additional revenue stream. Continuing financial support from directors would indicate that they at least see a future for the company. Let's hope they are right!

[bluesbeater] 31/8/2010 07:12

Directors are propping this up to the tune of £597,500 they certainly have expressed the confidence for the longer term and have a strong incentive to turn this round. Once they have secured a good investment this company could soon become very profitable and restore the share price to former levels. High risk high reward!

23 Related Party Transactions
During the year the company received loans from Lord Sheppard of Didgemere of
GBP190,000 (2009 GBP200,000), B M Moritz GBP57,500 (2009 GBP145,000) and ACA
Carlton GBP0 (2009 GBP5,000). The balances owed to these individuals at the
year end were GBP390,000 (2009 GBP200,000), GBP202,500 (2009 GBP145,000) and
GBP5,000 (2009 GBP5,000) respectively. The loans are interest free and with no
repayment terms.

[shadowchaser] 02/8/2010 10:37

Yes siree, It looks as though Lord Dodgy-Knees has lost his sea-legs --------

along with all the cash !

What a useless crew !

LOL!

-SC

[crab4t] 19/7/2010 13:15

last RNS suggests we now have NO ship ,NO captain and not much hope. Regards Crabby.

[shadowchaser] 18/6/2010 10:48

Oh my,the old duffers' namby dingy seems to have sprung a leak....

--or may be the Hoover's clogged up with seaweed!

Lol!

-SC

[judy21] 10/5/2010 14:35

Only one more week to go.

[judy21] 06/5/2010 15:11

Within the next two weeks we should all know if Tony has managed to raise the funds.

[shadowchaser] 28/4/2010 19:17

Glad to see you aboard,you scurvy dog, Moosh ,
Now, get back in the bilges and catch some rats !

Stop waving to the old duffers sailing club in their namby dingy .

[Hoovering diamonds off the sea bed !------Can you believe it !]

LOL!

_SC

[moosh2] 21/4/2010 19:22

that mug buying £400 was me lmao :)

[ford play] 16/4/2010 14:29

Is that raise the capital or raise the anchor?;-)))

[maxmol] 16/4/2010 13:24

This time next month we should have heard if Tony has raised the capital for the ship.

[hatto] 14/4/2010 12:43

Online you can now Sell 150,000 @ 3.73p but STILL only Buy 5,000 @ 4.25p (Full Offer)

SP now 3.5p v 4.25p

[shadowchaser] 14/4/2010 12:10

NBR- Some mug buys 400quids worth and decides to rock my hammock !

Quiet down there below decks....

-SC

[maxmol] 14/4/2010 12:02

Must be news about purchase of the offshore diamond ship coming soon.

[hatto] 14/4/2010 11:55

Online you can now Sell 150,000 @ 3.9p but only Buy 5,000 @ 4.25p (Full Offer)

Obviously the MM's have a Buyer......

We will see how many he gets later this afternoon, probably after the close IMHO.

I predict 100,000 @ 4.5p....

[hatto] 14/4/2010 11:49

Oy Shhhhhhhhhhhhhhhh

Can't you see some of us are trying to get some sleep here !!!!

[jo0ls] 14/4/2010 11:45

Too much excitement here. That's it moved twice now in a month. I'll need to see my GP for some heart medicine.

[hatto] 14/4/2010 11:38

Lol got that one wrong now 3.75p v 4.25p

[hatto] 14/4/2010 11:29

Good morning everyone (or am I just talking to myself?).

Online you can currently Buy only 5,000 NBR @ 3.75p

But Sell 150,000 @ 3.59p

So a further tick up on the Offer to 4p shortly IMHO.

[hatto] 29/3/2010 15:53

A further rise on the cards tomorrow I think.

Should be (at least) 3.5p v 4p

Unless we start getting sellers of course.

200,000 bought yesterday @ 3.5p & 3.625p

& a further 150,000 bought today @ 4p (0.25p over the Offer).

Fingers Crossed anyway.

[hatto] 29/3/2010 15:50

Good afternoon everyone from a VERY WINDY & COLD Exmouth.

Brrrrrrrrrr

150,000 Buy @ 4p just reported.

I thought something might be happening here.

[maxmol] 29/3/2010 09:47

At last, are things about to start happening?

[hatto] 29/3/2010 08:58

Good morning everyone.

SP moved up to 3.25p v 3.75p

Maybe a buy to show up later.

Good to see.