Namibian Resources Share Discussion Threads

[maxmol] 05/2/2006 22:00

NCP3

I am sorry to say but I believe you have underestimated your forecast for DEC 06 by 20p, I make it 100p, but I don`t mind being wrong if it makes your 80p.
Please DYOR.


www.namibianresources.com

[ncp3] 05/2/2006 13:23

As a shareholder I am very glad and encouraged to see NBR's share price recovering at last. I most certainly agree with maxmol that this stock is "cheap as chips" although why it is currently trading under 50p when compared to the market capital of the other AIM-listed mineral extractors just seems ridiculous to me when there is so much potential upside with NBR!

Great to see that the website ( www.namibianresources.com ) has finally arrived. I predict that once the website has been viewed by all potential interested investors that the resulting increased awareness to the mineral-rich environment in which the Pomona 29 concession (held under contract from NAMDEB) in the Sperrgebiet is located, plus a timely progress report directly from the Company, could help push this stock past its previous 58p all-time high in the next few months; it doesn't take a great deal of volume to move the stock higher (in percentage terms) as was witnessed last month and this is helped by the fact that a large proportion of the stock is tightly held by people who have done their own research, have complete faith in the management team and recognize the long-term potential value of NBR.

I strongly believe that the publication of the Final Results in August(?) will really be the driving force for this stock and help put it on the radar because after all NBR is a miner that actually makes a fairly small net profit and considering the sales surge in the first half of the current financial year to £294,459 from £21,509 I believe that it has a justifiably bright future ahead of it. Hopefully, the purchase of a second DMS plant in July this year and successful sampling can only further enhance the share price of this tiny company.

With hindsight my only regret is that I didn't acquire more stock for the long-term when the price bottomed in December 2005, although at Friday's closing price of 34.5p (current market cap £13.083m) they would still appear to be a rare bargain! If the news-flow from NBR continues to be positive then I consider it reasonable to foresee this stock topping 80p before December! Please DYOR.

[maxmol] 03/2/2006 12:42

From the AGM it is my understanding that Tony Carlton ( Chief Executive Officer ) visits Namibia 3/4 times a year and normally visits/speaks to Namibian`s "Minister of Mines and Energy". His next visit should be within the next 6 weeks, lets hope that when he returns he has aquired the additional concession areas for us to mine. That should mean a boost to the share price.


www.namibianresources.com

[dcarn] 03/2/2006 07:36

Cheers Maxmol

[Abuse team] 03/2/2006 03:40

Post removed by ADVFN

[maxmol] 03/2/2006 01:12

The website has arrived at last, but it was well worth waiting for, now we can all get an idea where all of our diamonds are coming from. When the next update comes this month, I believe numbers will have increased with the average size also getting larger.


The website address is www.namibianresources.com

or www.namibianresources.co.uk its well worth looking at.


I think these shares are still " cheap as chips " once we have the next progress report, then the second years final results, then the purchase of the second DMS plant and lastly the promising areas for additional concessions that have been identified and negotiations for acquisitions are still ongoing.I am expecting the share price to reach a 100p by 31st Dec. 2006. Please DYOR.

[dcarn] 02/2/2006 22:03

got the link?

[flotogo] 02/2/2006 21:54

website up and running also

[sunshine57] 02/2/2006 17:02

Nice little tick up today!

[maxmol] 21/1/2006 14:06

Both should be out within the next 5 weeks.

[mjcferguson] 21/1/2006 10:13

Good increase on the week and higher volumes than normal.Feeling optimistic that this is based on progress of the company.Hopefully news soon,even the website!

[shadowchaser] 19/1/2006 19:51

NBR--Not posted on this thread for some considerable time now although I still hold from the early days.

Nice to see this stock recovering .

After a month or two of puzzling as to why the share price was falling
[no logic in this at all]
a rational explanation has at last emerged .

This is going higher and thus I've been adding and accumulating to my original holding from 26p upwards.

Looks like a winner to me !

-SC

[flc] 19/1/2006 13:40

Thanks Max

[maxmol] 19/1/2006 11:14

FLC- Gerry Hoodless is not involved with NBR.

[maxmol] 19/1/2006 10:06

Perhaps the update towards the end of Feb. is going to very good, lets all hope so, these shares have always been tightly held.

[maxmol] 19/1/2006 08:58

6th in the top percentage gainers list, keep going.

[win2003] 19/1/2006 08:14

Great start this morning!

[maxmol] 18/1/2006 17:38

FLC- He is not as far as I know but I will confirm tomorrow.

[maxmol] 18/1/2006 17:28

GUPPYWORLD- How large is large, and could it affect the opening price tomorrow, as we can see it only took 8 deals totaling 67,078 shares to raise it by 13.3%.

[flc] 18/1/2006 17:27

Can anyone tell me if Gerry Hoodless is involved with this outfit.

[maxmol] 18/1/2006 17:21

Thats more like it 6th on the top percentage gainers list. Same again tomorrow we hope. Mjcferguson- the latest on the website is that it should be ready by the last week of Jan or first week of Feb!!!! The next NEWS update should be within the week 20/24 Feb. if things go according to the normal time table!!!!
Rebtif10- my own personal forecast for this share is 100p by DEC O6 and 200p by DEC 07 but please DYOR.

[guppyworld] 18/1/2006 16:36

large trade to show shortly !!

[win2003] 18/1/2006 16:35

All the signs are that this little outfit is into profit and exceeding expectations. DYOR, of course, a trading update from the company would be timely!!

[rebtif10] 18/1/2006 16:33

Where do you see this going?? Looks most interesting and might dip my toe in the water in the morning.

[win2003] 18/1/2006 16:32

Well, that went up right on cue. Must have been something I said!