Ncondezi Energy Share Discussion Threads

[mcfifi88] 16/2/2017 11:55

Sounds good to me!!

[cl0ckw0rk0range] 16/2/2017 11:27

New chart from Nicola Dukehttp://bit.ly/1602173in3"Beautiful inverted head and shoulders pattern 1st target 14.8p 2nd 22.6p and monthly 48p" #NCCL FORTY EIGHT!!!Nicola mentioned this is her first stock pick and preferred stock at he moment with a monthly target of 48p

[cl0ckw0rk0range] 16/2/2017 10:57

Great post from LSESo - i expect capex to be down on these numbers, and opex to be down due to labour oversupply and currency depreciation. Remember we own 100% of this and project finance will be v easy to sort as the power plant will enter into a 25 year off take agreement. People forget about this but we could give away all of the power plant and the company would still be massively undervalued on the mine itself. · Open pit, truck and shovel contractor mining operation supplying domestic grade coal to 2x150MW Circulating Fluidised Bed power station · 25 year Life of Mine ("LoM") operation with contingency to supply up to 40 years LoM · Average annual production of 1.5 million tonnes ("Mt") of domestic grade coal · LoM average strip ratio is 0.61 BCM/tonne · LoM average yield is 92% · Capital cost estimate of US$53 million, excluding box cut · LoM operating cost of between US$15 to US$20 per tonne · Coal transfer price to the power plant of between US$22.50 to US$27.50 per tonne based on nominal post tax mine IRR of 18% · Expected ungeared Mine Net Present Value ("NPV") of c. US$37 million based on a 10% real discount rate

[cl0ckw0rk0range] 16/2/2017 10:55

Perhaps need to look at the longer term here rather than focusing on macro economics which are largely irrelevant to the project given will be exporting to other grids.http://africanbusinessmagazine.com/region/southern-africa/mozambique-industrial-investment-cards-tete-say-analysts/

[katylied] 16/2/2017 10:40

Mozambique: Kroll Given an Extra Month for Audit, as Pressure Grows to Renounce Debt

[cl0ckw0rk0range] 16/2/2017 10:37

Chart looking like a run on 15p once 8p is broken FWIW.

[cl0ckw0rk0range] 16/2/2017 10:35

From Twitterfurthermore on #NCCL. when this bloody JDA is signed. Power plant is >$100m EBITDA, (up to 40pc NCCL when funded) but the coal should (1) (2) provide an annuity c/f (as the power plant is offtaker) of up to $10m a year (assuming opex reduction due to fx and labour oversupply.Note stock traded very thinly here and nigh impossible to buy in volume.

[cl0ckw0rk0range] 16/2/2017 10:16

Strange how as soon as I repost the valuable research that's been gathered by investors that particular troll starts regurgitating he same post that they were trolling me with a few weeks ago. Not invested and being deliberately obtuse = agenda.Metrics from LSEI think we will be seeing huge upside here from prior numbers. Think capex will be a ton lower ( there must be easily available stockpiles given time lag ) and not discounting potential to benefit from labour oversupply and Moz currency devaluation. So, plant is one thing, coal a potentially material flex to upside

[cl0ckw0rk0range] 16/2/2017 10:13

What a sad life you must lead. Ciao.

[cl0ckw0rk0range] 15/2/2017 22:09

ResearchBOD Chairman Michael Haworth co-founded Greenstone Resources in 2013, a Resources focussed PE Fund, he was previously a MD at JP Morgan. He founded and subsequently listed Zanaga Iron Ore Company #ZIOC (where he is a NED) and Ncondezi where he owns 6.57% COO (ex Eskom) has managed 5 power station with >18,000MW total installed capacity AFC - Africa Finance Corporation owns 21.97%, (bought at 5.87p) has a NED (Aman Sachdeva) on board, AFC has c$2b AUM, strong on African power & infrastructure projects. AFC's shareholders include sovereign African governments and African banks, as well as private equity funds and other corporate investors. Mr Sachdeva is currently the founder and Chief Executive Officer of Synergy Consulting, an independent consulting practice with a focus on project finance, which has to date closed projects worth US$12 billion. Mr Sachdeva is also an advisor to the World Bank, Energy Sector for Central Asia, South Asia and Africa on a variety of projects. Kulczyk owns 11.63%, CEO & Chairman of Polish Polenergia Group has NED on board, big in infrastructure projects & One of the key experts supervising the liberalization of the Polish energy industry. The Chinese co-incidentally own c16% of Polenergia NED Estevão Pale has more than 30 years' experience in the mining industry. He is currently the Chief Executive Officer of Companhia Mocambicana de Hidrocarbonetos, S.A., a Mozambican natural gas company. Between 1996 and 2005, he was the National Director of Mines in the Republic of Mozambique's Ministry of Mineral Resources and Energy, where he was responsible for the supervision and control of mineral activities as well as the formulation and implementation of the mining and geological policy

[cl0ckw0rk0range] 15/2/2017 22:08

research #http://africanbusinessmagazine.com/region/southern-africa/mozambique-industrial-investment-cards-tete-say-analysts/ My post on Sunday makes me think this gets bigger over time than 300MW-1800MW, I think there is scope to sell extra coal locally also. This underpins what is going on in Tete right now. So, firstly there is govnermental desire to build industry and develop the area. Secondly, there may be opportunities to sell on some of our coal. First point is key though, you're going to need more than a 300MW plant to do that, which we will become over time. We are in the right place, with the right product, the right team and the right strategic partner.

[cl0ckw0rk0range] 15/2/2017 22:07

researchThe JDA unlocks the following: 1) Access to one the largest power plant operators in China. 2) Funding of approx $60m for 60% of the project 3) drawdown of funds from our largest shareholder, AFC to support working cap 3) access to debt providers who, I believe, will provide a larger than expected proportion of the debt : equity mix to improve equity returns 4) ability to drive down both opex and capex costs thus improving equity returns 5) more institutional interest in NCCL's equity / the project 6) more PR 7) potential for a more structured broker note with targets based on the expected cashflows of the project

[cl0ckw0rk0range] 15/2/2017 22:07

research #just a quickie on AFC. 1) large African focussed institutional infrastrcuture investor 2) 21% shareholder 3) Well known to invest early and follow on into financial close 4) recent deal highlighed here shows methodology - ... 5) Non exec director sits on our board, Aman Sachdeva 6) Provides potential exit route - either alone or through recent huge JV with Harith - ... 7) Used to working with large corporates external to Africa, balanced with African governments 8) supported company with recent two tranche sharehodler loan of $1m and $2m. So - not a bad lot to have alongside.

[novicetrade68] 15/2/2017 21:20

cl0ckw0rk0range, actually this thread can be moderated if need be, but ADVFN is just really quiet compared to LSE - so quiet sometimes that when somebody posts here it should be RNSed. Still, I hope you keep posting here, this thread actually gets plenty of views on a daily basis (in the triple digits), so there are definitely lurkers here.

[cl0ckw0rk0range] 15/2/2017 21:12

As I said most people look to LSE and Twitter than use this husk of a board.

[123js] 15/2/2017 20:28

The gentle silence, watched over by NAV and Katy, is preferred...

[cl0ckw0rk0range] 15/2/2017 19:36

Perhaps people don't post here because they don't like being trolled on an unmoderated board? Lots of research available on both LSE and Twitter #NCCL for holders without the hassle of having to deal with chimps such as you find abusing users of this board, or with agendas.

[cl0ckw0rk0range] 15/2/2017 19:32

Introduction Video Ncondezi Project youtu.be/OXdFuzLbf8Y via @YouTube #NCCL

[novicetrade68] 15/2/2017 13:30

It's the stale bulls' loss imo when they're impatient and want to sell at moments when you can't actually buy shares, like right now for example, when you can buy £100 only. Might as well wait a little bit for the mms to raise the bid/offer, but hey ho.

Since so many commodity shares are flying at the moment, this one still has some catching up to do...I think ;-)...+ some news expected hopefully soon.