Share Name Share Symbol Market Type Share ISIN Share Description
Ncondezi Enrg LSE:NCCL London Ordinary Share VGG640631039 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.125p +1.45% 8.75p 8.50p 9.00p 9.00p 8.625p 8.625p 245,548.00 14:00:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.4 -0.5 - 21.86

Ncondezi Enrg Share Discussion Threads

Showing 3651 to 3674 of 3675 messages
Chat Pages: 147  146  145  144  143  142  141  140  139  138  137  136  Older
DateSubjectAuthorDiscuss
23/3/2017
22:18
If AFC offer a buyout its going to be an interesting figure....
cl0ckw0rk0range
23/3/2017
16:07
40s would be equally be fine, to me anyway. Taking into account the 'ifs' and 'buts', but if the JDA gets signed as well as funding taken care off as well as reaching financial close and NCCL receiving their $35m bonus, thus the project being derisked enough, then 35p+ wouldn't be so weird imo and given some AIM 'investors' love for chasing stocks, this could well go anywhere ! Ramp over ;-)
novicetrade68
23/3/2017
15:33
The quality of ramping really needs to improve lol....apparently we are now easily going to be 50p+ on news (according to another site) I cant remember too many companies rising over 500% on any news I know this board is very quiet compared to others, but at least we arent deluded....well apart from having held these for years perhaps :) Heres hoping Im made to look a complete fool and we zoom into the 50s
nav_mike
23/3/2017
09:01
Looks like all buyers this morning, not much stock around either for large quotes.
cl0ckw0rk0range
22/3/2017
18:09
The IMF will no doubt be pleased with this : * Italian energy company ENI will pay Mozambique's government $350 million in capital gains tax after selling part of its stake in a gas field to Exxon Mobil, it was revealed late on Tuesday. The sale concerns Area 4 of the Rovuma basin gas field, the southern African country’s Tax Authority (AT) announced. Tuesday's agreement was sealed in Mozambique’s capital Maputo after four hours of talks between the Italian oil giant and the government. The amount represents 32 percent of part of the $2.8 billion deal between ENI and Exxon Mobil for a 25 percent stake in Mozambique's offshore gas field which holds an estimated 85 trillion cubic feet of the fuel. AT spokesman Anibal Balango said: "This is the amount we agreed after … hard talks. As you may know, according the mining and petroleum law we have to charge for all business stakes on assets in the country by foreign companies in particular." According to the AT, the talks are now following the final procedure and are expected to end "as soon as possible". Mozambique’s Area 4 gas field is shared by local company ENH, Korea Gas Corp. and Galp Energia, with 10 percent stakes each, while ENI and Exon Mobile hold 35 percent each. The capital gains tax to be paid by ENI is seen as a relief for Mozambique's budget which has been severely affected by donors’ decision to halt foreign aid. As Mozambique has no sovereign fund for extraordinary income, the tax will be immediately used to fund current deficits in the national budget, which had risen to 11 percent of GDP.
novicetrade68
22/3/2017
08:24
More inward investment!Japanese firm to build 110MW power plant at Temane - reports - Zitamar #Mozambique zitamar.com/japanese-firm-...The NCCL plant is 300MW with plans for 1200MW!
cl0ckw0rk0range
21/3/2017
19:29
Hopefully some news soon can propel us into that range, would be nice if we can get a positive update before the quarter is over.
novicetrade68
21/3/2017
19:14
Moving nicely in line with technical charts, 7.5p backtest suggests 14-15p range from here.
cl0ckw0rk0range
19/3/2017
09:28
Chinese investment in #Mozambique is close to US$6 billion #China ow.ly/DriT30a06VmSEP..
cl0ckw0rk0range
17/3/2017
08:22
Further inward investmenthttp://www.macauhub.com.mo/en/2017/03/16/sumitomo-corp-will-expand-thermal-power-production-in-mozambique/SPB shortlists bidders for major power project | The Herald #Mozambique herald.co.zw/spb-shortlists...
cl0ckw0rk0range
13/3/2017
20:09
22% shareholder at present, the rest of the equity is held by BOD and LTH in the main.
cl0ckw0rk0range
13/3/2017
18:39
Very nice to see that out of 5 power projects AFC decided to invest in, NCCL is one of them. Going through that document AFC seems quite committed to develop energy projects throughout Africa, invested $270m themselves and 'mobilised' third parties for another $1.2bn. It certainly isn't a mickey mouse outfit.
novicetrade68
13/3/2017
10:58
http://www.africafc.org/Publications/Publications-Documents/AFC_0004_CorporateBrochure_020216.aspx v interesting read - we are on p.11 i think. also - v interesting to see breadth and depth of their partners. great for the future and expansion of the plant - or buying some of our equity if we choose that path. ultimately i think AFC are there to buy us out at the right point in time.
cl0ckw0rk0range
10/3/2017
08:37
2672 - "Re cash, yes they need to do something..." So you agree, some re-financing is required. Ideally it will be SEP concluding the JDA. Failing that by the end of Q1, it will need to come from somewhere else. What and how are open questions? Some substantial debt comes due ~mid-May. How about a 3rd open offer (potentially avoids dilution)? Could they (at this late stage) get one away?...
katylied
10/3/2017
08:18
#Mozambique govt signs MOU with #China 's CBStell to develop US$1.3 billion coking #coal plant #Mozambique ow.ly/9k08309JFUPAll this coming out of this weeks summit in Mozambique I wonder what else will get signed...
cl0ckw0rk0range
10/3/2017
08:17
http://www.macauhub.com.mo/en/2017/03/06/china-puts-industrialisation-of-african-economies-on-the-international-agenda/And even more...
cl0ckw0rk0range
10/3/2017
08:17
Lots of investment on the cards.http://africanbusinessmagazine.com/region/southern-africa/mozambique-industrial-investment-cards-tete-say-analysts/
cl0ckw0rk0range
10/3/2017
08:16
Transformation of Moatize #coal waste may reduce #fuel imports #Mozambique ow.ly/sm0W309JDCh
cl0ckw0rk0range
10/3/2017
08:16
#Mozambique govt signs MOU with #China 's CBStell to develop US$1.3 billion coking #coal plant #Mozambique ow.ly/9k08309JFUPNext Industrial Revolution
cl0ckw0rk0range
09/3/2017
21:56
With respect - you are drawing conclusions which are tenuous at best. Within the Ontale report two large FID deals are mentioned, Mitsubishi and ENI. hxxp://oilprice.com/Latest-Energy-News/World-News/Eni-To-Invest-8-Billion-In-Offshore-Gas-Field-In-Mozambique.html I understand you want to draw the comparisons you want, but at least be consistent. Re cash, yes they need to do something, but let's be honest they are hardly serial diluters are they?
jfreshfield
09/3/2017
21:03
Well, if you are referring to (5) Brexit I agree. There has been loads of new inward investment since the referendum. If you are referring to Mozambique (no doubt you are!), hmmmm... not so sure. Vale's business operations date from long before the debt crisis. Obtala is a mickey-mouse AIM company, quite unlike SEP. The debt crisis blew up ~March 2016. NCCL's deadlines since signing the JDA, have all been missed during that post 'debt' period. Is that a coincidence? SEP is in reality, a Chinese state controlled company and China is a member of the IMF. There is also the so called 'Paris Club' (foreign Government debt) and last time I checked, the Moz Gov had still not approached the 'Paris Club' over the debt situation. I can't say with certainty, but my guess would be nothing happens with SEP before Kroll deliver their report at the end of this month. In which case there would seem to be a need for some new NCCL financing...
katylied
09/3/2017
20:03
Katy - it's not stopping inwards investment though is it? See Obtala's prior quarterlies as just one example, or indeed the huge work Vale is and has undertaken in building out the infrastructure around its coal operations. Best, James
jfreshfield
09/3/2017
18:04
Very busy day 31st March 2017... (1) ncondezi run out of money (Q1 2017) unless some re-financing occurs (2) Kroll auditors publish Mozambique forensic debt audit for the IMF and from my own portfolio... (3) Bushveld Vametco completes buyout of SMC/Evraz-Vametco (vanadiam/nitrovan) (4) Bushveld Minerals completes due diligence of Namibian tin asset and last but not least... (5) Theresa May pulls the trigger on Article 50 (if not before) Jeez, I hope she doesn't leave it to April Fool's day!...
katylied
08/3/2017
17:20
I appreciate a bearish view for contrast but a bear that can't acknowledge the bullish view is blinkered. Shareholder loans are financing this not bucket shop placings.
cl0ckw0rk0range
Chat Pages: 147  146  145  144  143  142  141  140  139  138  137  136  Older
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