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
  +0.00p +0.00% 4.875p 4.75p 5.00p 4.875p 4.875p 4.875p 0.00 07:30:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.4 -0.5 - 12.18

Ncondezi Enrg Share Discussion Threads

Showing 3226 to 3250 of 3250 messages
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DateSubjectAuthorDiscuss
16/1/2017
17:47
I would say the Chinese are not remotely worried about the debt problem, they are taking a much longer view about how they establish a position of power and influence in the area. This project is part of President Xi Jin Ping's 'One Belt, One Road' initiative (see RNS of 11/12/15). https://en.wikipedia.org/wiki/One_Belt,_One_Road
kibes
16/1/2017
15:56
It's a good job Sepco have nothing to do with NCCL then.
doshdabbler
16/1/2017
15:28
Debt situation is worsening Sepco will have issues with this as the stability of the country comes into question.People still have a chance to bail now and wait until the share price falls to under 4p to buy back in. Buying now is just foolish.
lightmyarse
14/1/2017
17:18
FWIW, I think the debt situation is a sideshow. Most of the continent has the IMF breathing down their necks. With world growth showing few signs of picking up, Africa is the next logical investment. SEP will be supplying energy starved Moz, SA and elsewhere. They want a hub in Africa and where better than a 4.1bn tonne coalfield in a country with strong ties to China. This is taking longer because it's the biggest deal of its kind on AIM. All in good time.
doshdabbler
14/1/2017
12:45
The poster is also very negative towards Kibo, he seems to have an agenda. The subject of Mozambiques problems was raised recently in a conversation and as long as the IMF are supportive, things will be ok. Reducing costs and improving the economy will be paramount and this project will do both.
m1sak
14/1/2017
11:50
However the article you highlight says that the situation has improved since October and that Mozambique expects to restructure its debts and also will get help from the IMF. Of course there is risk yes but I don't think the IMF is just going to walk away from Mozambique. Furthermore the NCCL power project is a component in reducing Mozambique's energy costs which would be seen as a good thing by the IMF.
kibes
13/1/2017
14:08
GCM seems to be getting ahead of itself...The long road will wear it down just as NCCL springs across the finishing post...
123js
13/1/2017
08:22
A similar company GCM with coal in Bangladesh but no approval to develop it has gone from 3p to the current 40p within the last year based on the fact that they have found a Chinese partner. There is no sign of a deal to start mining the coal anytime soon or any sort of cash commitment from the Chinese. GCM market cap currently around £25 million which is double NCCL.
kibes
08/1/2017
21:20
Ok, I must have reverted to type then. But have you not noticed a lot of shoddy AIM outfits rising over the last two weeks ? I'm just humbly arguing (and remembering 2010-11) that when there are 'market' expectations of inflation, many junior miners tend to go up multi fold and I am just wondering if NCCL will get the same treatment or not.
novicetrade68
08/1/2017
21:09
OK, you have reverted to type. dream on...
katylied
08/1/2017
21:06
Well, I hope I was being real. There are a lot more broke companies on AIM and a lot are doing just fine at the moment, unless you have missed that. May I also add that you've been writing obituaries for NCCL too now for a while, ever since you took the wise decision to sell out on the spike here last year. But the company has produced some rabbits out of the hat and it can't be discounted they won't be doing it again. If AFD is a supporting shareholder then why would they now all of a sudden become sharks and call in the loan with the risk of they themselves losing part or all of their investment ? Still, please also don't discount on how 'funny' AIM can be some times. A lot of tiddlers are rising at the moment for no apparent reason apart from having a resource and being broke, so why can't NCCL ?
novicetrade68
08/1/2017
20:48
...even if the formalization of the JDA is another year away... C'mon, get real. The company is broke, in debt and as a listed company cannot be refinanced without the terms of the JDA being concluded. Even Phase2 of the current AFD loan depends on the JDA... Best bet, JDA in the next 3 weeks...
katylied
08/1/2017
20:39
Whether or not the deal gets done before the New Year, I also note with some interest that a lot of junior tiddlers on AIM are showing signs of life again. Imo, this could be because over the past few years there was this spook of 'global deflation', but now we see inflation is picking up a bit. This share did trade once over a pound, because when there is inflation, commodities tend to be king. So, what I am saying is, even if the formalization of the JDA is another year away, the market could in the meantime just adjust the price for the asset the company has.
novicetrade68
08/1/2017
19:41
I agree in that the deal may be in trouble if not done by end March. I think it will get done this month though
jfreshfield
08/1/2017
15:34
The terms of the AFD loan are clear. You are implying that if the finance train does hit the buffers, AFD will simply change the terms? It is possible I suppose, but the big shareholders benevolence (keeping the company going) to small shareholders, will not endure indefinitely. The big shareholders will not lose if the company goes private, only little guys get left behind. No, I'm sure its not the porridge... :o) PS. Jan Kulczyk is dead. That shareholding is part of his estate.
katylied
08/1/2017
15:26
If AFD wants to buy out and the price is right then why not ;-) SEP pushing the company into insolvency, hmmm, it could be of course, but equally Kulczyk and the board could make another loan and that will keep the jukebox playing for longer. But after two years of DD and one year of NCCL meeting JDA conditions you would think SEP would be equally keen to wrap this up now.
novicetrade68
08/1/2017
15:12
Yes, but there is equally no clear reason not to wrap it up before the holiday (when key SEP players may not be available) . If this drags on into March and then April, I would suggest that it is SEP's intent to push the company into insolvency. Then it will come down to what AFD's intentions are. I predicted a long time ago that a buyout by AFD, could be the long-game. No, I think the next 3 weeks are really important. Call it a gut feeling, though that could also be the porridge... :o)
katylied
08/1/2017
14:45
Certainly some good links on LSE, this one is worth posting I think : https://twitter.com/RTF83/status/818066745609121792 Btw, Katie, I do believe that in China businesses do not necessarily shut down full stop for 23 days and nor do employees take 23 days off. Businesses often stay closed for the first week and likewise employees can take a holiday for 5 days in this 23 day period. If the whole country would shutdown for 23 days then surely their traditional GDP Q1 number would be down the pits and it never really is.
novicetrade68
08/1/2017
13:23
Good links posted on LSE. I bought in last week
jfreshfield
08/1/2017
13:02
Agree Katy. It's important JDA terms are signed off before Chinese New Year.
doshdabbler
08/1/2017
08:52
You can tell the newbies, their despair is measured in 'quarters'. This Wednesday is the anniversary of signing the JDA. This needs to be wrapped-up before the Chinese New Year holiday period (28th Jan, ~23days). The next 3 weeks are IMO critical...
katylied
08/1/2017
08:11
that's whats been said every quarter for the last 4 quarters........
loveandmoney1
06/1/2017
17:55
Let's hope this quarter will be the quarter ;-)
novicetrade68
06/1/2017
17:46
I've added twice this week.
doshdabbler
05/1/2017
13:20
With a bit of luck, looks like it wants to have another crack at breaking through 6p.
novicetrade68
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