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NCCL Ncondezi Energy Limited

0.825
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ncondezi Energy Limited LSE:NCCL London Ordinary Share VGG640631039 ORD NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.825 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
0.80 0.85
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.825 GBX

Ncondezi Energy (NCCL) Latest News

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Ncondezi Energy (NCCL) Discussions and Chat

Ncondezi Energy Forums and Chat

Date Time Title Posts
02/6/202316:06Ncondezi Energy - Power Generation in Mozambique10,527
31/3/202313:13NCONDEZI Energy- 2022s Multi Bagger319
31/10/202211:02Coal asset has HUGE value and not priced into SP14
29/9/202215:20Nconduzi - 20101,154

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Ncondezi Energy (NCCL) Most Recent Trades

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Ncondezi Energy (NCCL) Top Chat Posts

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Posted at 03/5/2023 10:37 by lurker5
Todays RNS not shown on investegate either under NCCL or SGN
Posted at 07/3/2023 09:16 by danmart2
It will only hit 5p after the next share raise and massive share consolidation

It could be concluded NCCL has only 1 interest, the board of directors.

As always, do your own detailed research and work out what they are not telling you
Posted at 11/1/2023 09:03 by lurker5
Utterly muddled as usual Mr Yasx. I was following NCCL when the coal project was still up and running and since then have told as it is with he switch to solar. And since when did I recommend GGP except after it had, as I had forecast, collapsed in price ? Your commenting history shows me you have a personality problem, and quite possibly an educational one.
Posted at 10/1/2023 22:39 by yasx
Lurker,

You need to undertake some basic research.

You were on here for years dismissing my well laid out case that the coal project would never proceed with NCCL's involvement - all your mutterings about NPV, debt financing and how it would yield hundreds of millions for NCCL were laughable. Eventually you indicate well, things can go wrong. Now you are plugging the same baseless nonsense for the solar project.

Things can sometimes go wrong for investors - but, in your case every Co. you have promoted goes wrong. What happened to Xtract? Greatland Gold? The list is endless.

Let me put it another way. For all the essays you have produced, have you ever called one right? No, thought not.

Failure after failure. If you had a smallcap short fund, it would be one of the best performing funds on the market. I jest not.
Posted at 21/11/2022 20:58 by lurker5
To add for Danmart. NCCL's figures seem based on no need to raise any funds to keep its share of the project - which at around 19-20% is what it will 'buy' through reinvesting the c5% project development fee alone. So apart from more raises to keep the lights on for the next two years, there shouldn't be any cash raise to fund any more share of the project to achieve the figures NCCL quotes - ie for 100MW a 10% discount NPV share equal to $4.6m or $9.2m at 5%. and over twice those for a 200MW project. So beginning not to be sneezed at. NCCL's annual cash flow for a 100MW plant then turns out at $1.3m-$1.7m and for a 200MW project $3.8m-$4.6m. Important to realise that larger projects won't involve NCCL having to raise more project funds because its project share around 20% will be maintaind by its larger development fee. All in all a good muliple of todays share price looks feasible by the time of financial close. Thats the theory anyway.
Posted at 21/11/2022 10:10 by lurker5
Disappointing. Progress is much slower than hoped. Ray of light is NPV 10% discount rate is high for a utility (if NCCL transitions to one). A more realistic 5% would double the stated NPV's. But they have to be divided among whoever puts up the equity. In medium term the much higher returns above 100MW would be really good and if NCCL can't raise the dough would attract majors. So 5 years down the line NCCL might eventually get to its goal.
On a brighter side the stated cash flows appear to be the true cash flows to shareholders after all the costs and deductions that other energy companies never disclose to punters - Mast and Kibo being the worst offenders.
Posted at 01/11/2022 18:04 by danmart2
Lurker5

All the best getting rid of your NCCL confetti shares, hopefully you and Ace_ventura 11 can work together to boost up the share price so you can both get out.
Posted at 26/10/2022 22:20 by lurker5
Nonsensical projections here. It takes time and money to build up sales of anything from scatch - and where is the market ? Original scheme was to ship to Indian steel industry via dedicated rail line but nothing came of either. High coal prics almost certainly won't last once global oil and gas markets settle down. So no funding for any major operation from any major source. Scope for small local market maybe. And to think an 'in ground' 'value' of the coal will ever be reflected in a share price or be sold for that, is a naive kindergarten fantasy fairy tale. NCCL's value is solely in the solar business.
Posted at 24/2/2022 01:12 by danmart2
The deal for the coal and power plant with have an exclusivity between NCCL and the Chinese.

If either side can’t fund progress the other side get the option to buy them out.

The problem is, NCCL have no leverage, have nothing to offer, won’t get finance for the project.
So the Chinese will only pay a pittance if indeed they pay at all.
NCCL will likely lose any costs thus far, so those historical costs which are a small fraction of NCCLs contribution will be gone.


So ask yourself, what can NCCL expect from a partner who hold all the cards, has a track record of being commercially prudent if not commercially savage and a regulator in the Mozambique government who are pro China.

NCCL cannot go down the legal route, they don’t have the finances nor the clout.
Mozambique government and courts know the Chinese are the only show in town, NCCL and any rights are a mere inconvenience.

Nccl for all we know may have limitations and deadlines on the government licenses and or the memorandum agreement aka if there’s no deal by a certain date NCCL lose any claim over the coal and to be part of the project.

Do people really think a CEO like Hanno has any commercial acumen with his track record and experience?

This share is heading to 0p
Posted at 23/2/2022 16:58 by danmart2
Thinkafrica is a YouTube channel promoting Africa investment , it has no bearing.

The project has long been in concept mode, and it will go ahead long after NCCL has gone bust

NCCL had a cash reserve of around £1 million when they sold the solar project to one of the directors for considerably less than it cost them to build

When this cash runs out (From memory the CEO is burning through £240k a year in salary alone) NCCL have nothing left.

I can see a situation where NCCL effectively sells its coal mining rights to the Chinese but for considerably less than the commercial value.

Likewise I can see a situation where they lose the rights to the coal when the Chinese tell the Mozambique government to pull the plug.
NCCL will then try another raise to fund a legal challenge which will be a complete waste of time.

The Chinese are heavily involved in Mozambique and some may argue call the shots,
NCCL will not get in there way, nor would NCCL be able to get close to funding any part of the project.

One other potential is the current rise is not simply the usual rampers doing their pump and dump (they have tried this share a few times) but also a future share raise listing trying to move this share price up.

One thing everyone can agree on, the lack of comms from the NCCL CEO is poor. He tends to only show up when more funds are required.
Ncondezi Energy share price data is direct from the London Stock Exchange

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