you need to apologise here to holders. Saying there is a placing in the next rns like fact when it clearly is not fact. you are correct re takeover but you did not read behind the lines, thats the point i am making, thats my opinion here, interesting timing right whether you or i like it or not?
you said the next rns is a placing here. show me the facts to that. CLEAR FACTS saying that. There are none. answer me, takeover part, there is more to it re timing, you dont consider that, you are correct in that assumption, what about the timing here of the conversion given we are expecting project news here, i am invested here for a return not to debate with you all day. you know what, go and police another board, you are only here and a few other places i see. if you jog along so will i, just filter me.
also please stick to posting about the share no need to make personal insults re 'foolish'
you have not answered my question, you said as fact that the next rns here is a placing RNS? please provide us with you exact lead to this fact? I never said the takeover code is a lie, i said there is a lot more to it given the timing here of the conversion as new project could well be annouced soon here, thats why i bought here, you need to wake up and smell the coffee here, this is high risk and high reward, never ever said it was not and also yes we need a fund raise for a project agreed, but before that happens i believe in my opinion we will have an RNS stating the economic benefit of the project in question, causing a re rate here and then a placing or bank financing, the timing of the conversion at 4.75 is of particular interest to me, whether you like it or not i feel there is something there, they could have converted at any time why now....the plot thickens. i would say all the best to you and good luck with your other investments but you will stay here i guess uninvested and telling us what we already know here. shame this is like this hey. you want to continue this or just get on with things, this is getting tiresome right,
28 February 2014 that RNS was and yes i read it already, why at 4.75p exactly and why the timing now to release after many many months, takeover code is just part of the story here so yes its lies by you, there is more to it as we all know since november 2014 the BOD have been considering 2 projects and we can expect an update on that soon? They had a long time to convert, why are they converting now, both directors own over 50% here of shares in circulation. Answer my question, why do say the next rns here is going to be a placing rns? You have nothing at all to back that up with. Stick to posting pure facts please.
Lies lies and more lies, show us all here your source for the takeover code 4.75p conversion to shares...shows us any proof here, in any official RNS....thats right you have none, again spouting your lies non stop here. Have not had posts removed, I think you again are very confused, many of your posts have been reported and removed, why....simples, you don't post anything of substance here apart from placing placing placing, nonsense over and over again like a repeat record, why are you here, and post here, you are not invested and you mislead others...my posts are facts from the rns, and when they are not facts I clearly state to all that it's my opinion. as far as the rumours are concerned I have also clearly stated rumours, yes I agree with you we need a fund raise for new project, what is your problem you are that tunnel visioned not to read my clear English posts correctly, but what if an rns for a potential project is released here with a NPV of 5million. 10million , 15million for example, then what will happen here....its that then I am invested in here, I don't care about the history lesson here from u, I did my research and understand what the risks rewards are here, so you are preaching to the choir, go do yourself a favour and stop misleading people on here with your posts. everyone on here if you are fed up of this constant repeat play posting by thisidentifies me report misleading posts of all nature's not just his to email info@lse.co.uk enough is enough. here.
In your defence You made one a fair point re previous RNS but this one was for a massive massive sum of 700k gbp + @ 4.75p a share, I am not denying there was a placing before, many of not all aim companies raise money to move forwards, otherwise how can they grow. It's all about NPV (net present value) of projects to be announced along with NAV that creates for NBR, at this what I and I stress "I consider" tiny tiny market cap I am happy to pay to make my trades here and keep adding, which of course you are not openly interested in here as you are not even invested. Anyways time to spend time with the family.
@thisidentifiesme Your zero asset post got removed along with many other of what in your head think are facts when in fact it is your opinion. Lse removed ur posts, also takeover code is your opinion not a fact, stick to posting facts if that's what u preach been a man of your own advise. If you can read English properly then u can see that 5p + is based of rumours from not only here also other people I know invested here have told me similar, rumours...read English properly. I'm not like you posting my opinions as fact. The sad thing is when I log out I have to read your misleading dribble, wished then filter button worked for when people log out also. Stick to posting facts, which frankly u have none, only FACT we have is that directors converted there 700k gbp in the last rns some days ago now at 4.75p, now they are subject to capital gains tax...that is a fact of this motor past 4.75p. In my opinion. Keep going....tell us more FACTS which are not facts.
To add to your post the directors now have to pay capital gains tax on appreciation above the threshold amount they converted shares at above 4.75p + so If they are willing to do that then I am more than happy to be buying at sub 4.75p here. You pay to make your trades. I bought in now early doors as I am expecting project news here soon, a lot of talk of 5p + on project news, I have been hearing not only on here but elsewhere, if there is any meat to that rumour then things could get exciting very fast here. Lets see going forwards, exciting times here ahead imo.
Jolly good ya, agreed. I have been saying this from the start here, the directors converted their loans (interest free loans to clarify) to shares at 4.75p and that for me shows some very serious confidence as to what is coming here soon. If they are happy parting with 700k + gbp of their hard earned cash at 4.75p a share then I am more than happy to load up here as many as possible, they did not have to convert their loans but they did and showed a positive sentiment here and a big hint hint in my opinion as to what is coming here via project news to be announced. The issue here is getting a sizeable holding, hardly any shares in free float and even a 10k buy I did not so long ago had to be split up into many smaller orders, don't be fooled by the price here, one or 2 big buys and it's off we go here, and the potential of this going over 4.75p is what excited me here, high risk high rewards. 4.75p market cap would still be small at 4.5million gbp, if the project has a NPV of 10mln + then this could seriously multibag, all eyes on news here but I am in for the ride and adding more and more. All imo and dyor. Good luck mate.
I do care about sticking to lse rules, big typo in previous msg, also you are not invested here, not a single penny, not that makes any difference but you can see why your misleading posts are not being taken warmly by many on here and that you can't just keep behaving and posting like this. Stick to posting facts, as you say, neither you or I know what is coming next, yet I quote you 'a placing rns is coming next' according to you and the examples can keep going on and on and on of your misleading posts on here....really really you want to go there?
Well you again are not telling the truth and misleading people on here, I have been sitting back quietly and observing your posting history and posts on here, many many many of your posts are being removed on here and LSE can back me up on that as those fantastic chaps have done a great job. And what I posted in my previous msg is factual and fair unlike your repeat mode "placing placing placing" doomsday posts yes we all get that is one part of the jigsaw but yet you remain here with a campaign against anyone and everyone who is invested here who promotes NBR and the potential here for a new company transforming project on the way we hope soon. By the way as you famously say 'stick to posting the facts' please do 'stick to posting the facts' not mislead people with your posts and inaccurate facts and then make others who are actually many a time sharing there lovely opinions on here out to be not "posting the facts". This is not personal I don't about sticking to the lse on here and making this a lovely place for all to come and discuss nbr on and not feel bullyed or intimidated by you or anyone else on here, all LSE have to do is see your posting history and posts removed , and like I said to anyone who feels a complaint is in place then please email info@lse.co.uk and go through the correct procedure. And thisidentifies me you have a short term memory here, that zero assets posts was removed, not only did u say zero assets you said more misleading info on that post, lse please see this posters history, he is quick to report everyone but needs to look in the mirror himself.
looking forward to the next rns here, will explain why the directors here converted the interest free loan money they lent to the tune of 700k gbp (huge for NBR market cap) to shares at 4.75P. could that 1 code earlier mean anything? time will tell here. GLA.
maybe mate, good spot indeed. could expalin the park the bus spread the MM have now put on here, similar to the park the bus chelsea fc wins this season haha :-)
mrdacook you may be right mate, maybe RNS on the way, well spotted and thanks for sharing that info. cheers mate.
25% spread here now, usually market makers widen before an RNS is released, seen it all before, could be one reason they dont want to be caught on the wrong side either way up or down. If news is good this is going to go crazy here. Good luck all holders.
explains the wide spread, RNS on the way here with that code, could be?...gonna buy some more, its been a long time coming this RNS, good luck all. when it moves its moves rapidly here.
Why would the directors here chuck away their cash for shares at a massive premium here at 4.75p, they knew exactly what they were doing and its a signal to the market that listen this is really oversold as far as i think this should make a steady move to 4.75p, what the bod have up their sleeves will all be know sooner or later here when that RNS lands here, also the directors here own 55% of the entire company, why invest their money at a lot higher prices to now, the pieces to the puzzles will all come together soon. All very exciting indeed. imo
What is of interest to me would be the NPV and the cash flow forecasts from the project to be potentially announced here by the BOD, they know what this is already, what would be the NAV after that, given the background of our BOD here and their connections and the fact they converted their loans to shares 4.75p here (that's their hard earn money approx 720 k GBP no small pocket change), and the fact we are debt free, and the fact that we have a tiny tiny free float of shares, things could get very interesting indeed here with an RNS announcing a project, yes we may need a little money but the nature of the projects the board are considering are generating cash flows fast so that would mitigate this to an extent. imo
Reposted for those that missed this RNS here...here you go. This needs no ramp, the directors have given us PI's a big hint hint here in the RNS imo Issue of 13,465,263 new Ordinary Shares at 4.75p Fri, 13th Mar 2015 09:59 RNS Number : 3835H Namibian Resources PLC 13 March 2015 ? 13 March 2015 Namibian Resources plc ('Namibian' or 'the Company') Issue of 13,465,263 new Ordinary Shares at 4.75p per share. Namibian announces that it has capitalised £639,600 of interest free loans advanced by directors and former directors and their associates by the issue of 13,465,263 new ordinary shares of 1p each ("Ordinary Shares") at 4.75p per share. Out of the total of 13,465,263 Ordinary Shares, 4,383,158 Ordinary Shares are being issued to Brian Moritz, a director of the Company, in settlement of loans of £208,200. In addition, 8,976,842 Ordinary Shares are being issued to a former director, Lord Sheppard, in settlement of loans of £426,400. The interests of Brian Moritz and Lord Sheppard, following the capitalisation of loans, will be as follows: Existing number of Ordinary Shares held Number of Ordinary Shares being issued Resulting number of Ordinary Shares held after Admission Resulting holding as a percentage of the Ordinary Shares in issue immediately after Admission Brian Moritz 18,040,330 4,383,158 22,423,488 25.77% Lord Sheppard 16,920,321 8,976,842 25,897,163 29.77% The interests of Lord Sheppard include shares held by companies controlled by him. The issues of new Ordinary Shares to Brian Moritz and Lord Sheppard are considered to be related party transactions pursuant to the AIM Rules for Companies. The Independent Directors, being David Johnson and Michael Solomon, consider, having consulted with Grant Thornton UK LLP, the Company's nominated adviser, that the terms of the share issues are fair and reasonable insofar as the Company's shareholders are concerned. Application has been made for admission of the 13,465,263 New Ordinary Shares to trading on the AIM Market of the London Stock Exchange ("Admission"). It is anticipated that Admission will occur and dealings will commence in the New Ordinary Shares on 20 March 2015. The New Ordinary Shares will rank pari passu with the existing Ordinary Shares currently traded on AIM. Following Admission, there will be 86,998,615 Ordinary Shares in issue. The above figure of 86,998,615 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the Disclosure and Transparency Rules.