A decent phono pre amp under £50 – is it possible?

Hello, i recently bought myself a REGA Planar 3 with RB300 and tommorow im going out to buy a Nagaoka MP 110 cartridge but i still do not have a pre amp. I only have about £50 left to spend so im thinking about a Art DJ II Pre amp.... I heard some good things about it and im wondering if anyone has any other ideas or should i just go for the ART DJ?