Namibian Resources Share Discussion Threads

[maxmol] 17/9/2005 12:30

With reference to my post 1786, I have a fourth item happening this year, see latest update it quotes " Although progress is slow we anticipate adding to our exsisting operation within the current year". From what I am hearing all holders will not be disappointed by the time chistmas arrives.

[maxmol] 16/9/2005 00:27

SHADOWCHASER - Please read nbr,s RNS number - 4850C dated 1 Sept. 2004, it will tell you about the new area, Saltztal witch measures 3.5km by about 100m. This is where they are mining now with good results coming out.

[maxmol] 15/9/2005 17:39

SHADOWCHASER - Apart from my crystal diamond, a little birdie told me as long as they get thier PR correct the diamonds are there and they are coming out of the ground. If you want to here it first hand come along to the AGM and here it from the DIRECTOR A.C.A. Carlton, it will be worth the effort,on the 28th October.These shares will go higher.

[shadowchaser] 15/9/2005 14:31

NBR-- --Yes ,Maxmol - BUT---apart from the insight afforded by your indubitably reliable crystal what evidence do you have for:-
''the amount of diamonds coming out of the ground'' ????

Lol! --SC

[maxmol] 14/9/2005 23:06

The latest news, as far as I am aware is that the diamonds are still being gathered in good quantities - as will be shown in the next quarterley report, which I understand will be out either late September or first week in October.
Let's hope that the PR team get their act together and make it to the Telegraph again!!

The AGM will be held on 28th October. The feedback to shareholders will be good. The 6 monthly report should be published by end of November.

With the above three things happening within the next three months, I can see this share (at last!) taking off. I still forecast we may see 80p per share by Christmas once people realise the amount of diamonds coming out of the ground, cos I got a crystal (or diamond) ball!!

[mister tinsell] 27/8/2005 20:19

Hi Jimbo,

No, I sold three weeks ago to get into ULT. I still think NBR will come good, but I'm too impatient to wait!

PS. I see sabastion has turned bullish on MNT. Whatever next?!

Rgds.,

Tip

[bluesbeater] 23/8/2005 15:03

Good prospects but needs to get its act together with the PR company and regular updates to attract institutional investors

[wwjjp01] 23/8/2005 07:31

Cautious statement - still holding Tip?

[maxmol] 21/8/2005 10:18

Results must be published by end of September but we are exspecting them by end August with a quarterly report.

[sunshine57] 14/8/2005 00:23

Do you know which date their results are due Barts?

[barts] 10/8/2005 09:07

Looks like results should be due this month and hopefully we will get an upbeat quarterly statement with them.

[maxmol] 09/8/2005 23:27

News about extensions and other additional diamond resources should help us put on a few pence. They have found some ( big sparklers ) already see RNS Number. 13240. Average stone size in June 05 0.6 carats with 10% of the stones in excess of 1 carat.Production for June 05 has increased to 1000 carats.

[sunshine57] 09/8/2005 22:46

Hope they soon find some big sparklers!! LOL

[frank1e] 08/8/2005 23:45

Great link BARTS, thanks very much for that.

Looks like everything is going well here, hope we get an update soon.

Frank

[barts] 08/8/2005 22:50

Hi sunshine57

Glad to be of help.

I am fairly new to these,been watching them for a few months and decided to buy a few....any good news and we could easily see 80p this year...AIMHO.

I hope the diamond processor is working at full speed....

[sunshine57] 08/8/2005 09:44

Thanks for the link BARTS - Good one!

[barts] 06/8/2005 13:03

Nice to see the share price starting to move north....could have a little to do with this link..

[maxmol] 05/8/2005 10:47

2004/2005 results should be out by end Aug, this should include a very good update as to the present position

[sunshine57] 04/8/2005 18:26

Good to see the share price rise by 1p today...anyone any idea what caused this move?

[mclellan] 28/7/2005 13:35

Hi cimbom..how are you? Hope you weren't still in DA.
Nice to see a bit of reporting here at long last...

[cimbom] 28/7/2005 13:32

LONDON (AFX) - AIM listed Namibian Resources PLC said from Mar 1 2005 to
June 6, a total of 2.096 carats were consigned with a further 443 carats to be
sorted from June 6 to June 16. Production has increased from 221 in March to
1,000 in June.
The diamond explorer said the average stone size increased from .47 in March
to .6 carats per stone in June, with approximately 10 pct of the stones in
excess of 1 carat.
The group also said an initial sampling programme of the Saltztal West
ephemeral stream sediment has been "extremely encouraging", but further tests
are to be undertaken.
[e-mail]
ec

[cimbom] 28/7/2005 13:31

RNS Number:1324O
Namibian Resources PLC
28 June 2005



AIM Listed Namibian Resources PLC
Progress Report


(1) From 1st March 2005 to 6th June 2005 a total of 2096 carats have been
consigned with a further 443 carats to be sorted from 6th June to the 16th June.
Production has increased from 221 in March to at least 1,000 carats in June.
The average stone size has increased from .47 in March to .6 carats per stone in
June. Approximately 10% of stones have been in excess of 1 carat. The average
grade has been approximately 27 carats per 100 tons mined. We estimate our 80%
share of valuation to 6th June to be #168,000. During the last week an
initial sampling programme some 50 meters to the East of the Saltztal West
ephemeral stream sediment has produced over 300 carats of an average size of .62
carats per stone. This is in addition to the indicated 4,200 carats contained
in the Saltztal West stream sediment. This is extremely encouraging but further
sampling is required to assess the total extent of this additional resource.
Tests on the Saltztal East will be undertaken as soon as possible where very
limited historical sampling many years ago indicated an average stone size of
.75 carats. Production to date on the Saltztal West indicated resource is in
line with our geological assumptions.

(2) Production commenced with our new equipment in late January, This
production was confined to tailings of the old German Kaiser Wilhelms tal
tailings. The DMS plant has worked at only 30% to 40% capacity due to
inadequate water supply and insufficient material from the in field wet and dry
screen. The water problem has been resolved and a Finlay 683 Combi screen has
been purchased. This will be operational by end of June and will be more than
adequate to feed the DMS plant on a full 10 hour per day shift. The production
delays have caused a disappointing result for the year ended 28th February 2005
but current production is now very encouraging. An announcement of the results
for the year ended 28th February will be made as soon as the audit is completed.
Quarterly production figures will be announced in future.

(3) Black Empowerment Group

A number of resources have been identified and are currently under consideration
by the Company. Any further investment will be dependant upon acquiring a
resource or resources at the production stage. A further announcement will be
made as soon as we have a positive result.

(4) Thanks are due to our staff and management in Namibia for all their
efforts during a difficult period, which is now showing a positive result.
Thanks are also due to Namdeb for their support and technical assistance, which
is enabling the company to move toward optimum production.



Further Info: Tony Carlton, Chief Executive

Namibian Resources Plc. Tel: [phone]














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

MSCSELSUASISELM

[maxmol] 28/7/2005 00:35

For the latest info. see R.N.S. No. 13240 dated 28/6/05, at least 1000 carats in JUNE 05. The next quarterly production figures should be worth seeing.

[frank1e] 27/7/2005 21:58

Hi shadowchaser,

No news at present that I can find, looked everywhere!

They don't even have a website, someone once told me they (nbr) think a website is a waste of shareholders money, that it is better to utilise funds where it will be most beneficial to the shareholder, ie in situe.

I just hope they are really busy and find the time to update all us pi's asap.