Member Info for daramuda

You had better get another packet in case you are wrong. You have until 31 March if MF makes it in Q1. I do however think that the DFS will be released earlier than the "deadline".

seems to be falling by the day. Are we looking at 70 pence? I know what Gibraltar feels but the signs are not looking good.

in respect of an offer is frustrating to say the least. Wrangling, due diligence, AN Other

corbine - thank you for the response and link - I do not have a list of numbers. I think that we may be past initial discussions - viz numbers for a take out - and the interested party may be stuck in dealing with due diligence. I am only speculating.

Corbine - that is very interesting. How many producers of rutile and et seq titanium are there in the world?

Anything is possible including the declaration of a dividend. With longer term finance in place the company could afford to declare a dividend. One penny for starters would cost circa £5 million. I also like Corbine's idea about a move to the main market.

The results are excellent. When sale prices return to more positivity the market will be iunable to ignore the stock - held in tight hands or otherwise. I see a dividend coming if a deal to sell the company cannot be agreed.

Roger Whiteside has had time since his appointment to remodel the company or rather tweak the model and is already making an impact with his team. A shame about some casualties within the workforce. Might there be an increase in the dividend? There could be on tis showing.

corbine - you raise an interesting alternative way for increasing the share price which is growth in profits and a dividend which in themselves will increase the sp plus give shareholders an income. Pala may prefer a good price for a take out in that is their game but the alternative would give them a return.

runner - I have codidence in NRRP as do you and those on iii but if there is a plcee who has helped get the company back on track or a long standing shareholder who wishes to recover some cost selling some stock you cannot complain however confident you may be. Martin French cannot work the impossible. We had a resource update on 12 December within the timeframe of Q 4 2013 as promised and I feel sure that we will have an update and probably before 31 January. I cannot see a problem with the EIA maybe some tweaking but little else because the mine is on an existing brownfield site and a clean up has already effected and the reopening of the mine should not damage tourism. The government will not ignore the benefits of the employment that the mine brings and potential revenues. Which then leaves the question of the mining finace of circa £12 -15 million which I see as being obtainable. All in all whilst it would be reat to see a penny now we may have to be patient a while longer.

Midway - be patient. I do not think that you will be sunk like the Japanese were sunk at Midway. We are awaiting a further resources update (see last RNS) and the application for the environmental certificate has as far as I can see be filed (see the company's website which will need a bit of navigating but you will find the report which gives a wealth of information). Also check out the latest presentation again on the website and then there are two video interviews of Martin French. If that certificate is granted the next step is the feasibility study leading to the application for a mining licence which will we hope granted and the last step will be third party mining finance. So far all Martin French's intended plans have fallen into place. he and the board do not abuse shareholders' funds which is a big change from most AIM companies and they have not granted themselves outrageous cheap options whilst putting their hands in their own pockets to buy into placings and in the market (in MF's case). This a decently run company whose shares are undervalued so a 5% rise whilst not to be sneezed at is peanuts compared to where it should be priced which is imo a penny with current news proven. I am not a ramper but give my own views but as ever DYOR.

I agree chablard. NRRP is a little gem amongst the miners and run well by a straight forward and very capable ceo and a very competent board with good connections. Martin French and other board members and representatives see their reward in proving up the resources and thus an upward share price. The board compares very favourably with much of the leadership on AIM companies.

With a short market day tomorrow it does not look like there will be an announcement either way this side of the Christmas break.

I see this as a well managed company (since the turn of the year), concentrating on one project with good resources and a good plan to finance the mining and the extraction of the resources and the sale of the tailings. This should be cash positive during Q4 and by year end 2014. By then the company will have the mining finance to develop the mine and drill deeper. Whilst DYOR is in order, I personally have every confidence in a good future for NRRP.

Nice thoughts re 2shares. He and I had many exchanges regarding the merits of NRRP when he was in the Far East and after his return to the UK this summer. An absolute gentleman imo with an enjoyment of Latin, cricket and the Roman legions . He would be well pleased with the silver content from today's announcement. The only time that he got rattled with me (and nicely at that) was when I mentioned that I held SRX which he told me he had sold many moons ago for a derisory amount. He asked me not to mention it again!!!! As you say RIP.

The only way Runner is by dummy buys and sells. IMO the 500k was a buy at .59 and the 80,937 a buy at .60 with the 19,000 a sell at .552.

I doubt that any iis are selling at the moment but we know that the free float (other than iis) is small. It is therefore of a little concern to me that yesterday there were some sells and today they have increased in volume of shares sold. Any thoughts?

Many thanks for that view. Get out the patience!!

Change of subject. Any views in how long RBC are likely to take to advise/report? Today's news can help with the sale price.

Thank you for posting that.