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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 | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.825 | 0.80 | 0.85 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMNCCL
RNS Number : 2211X
Ncondezi Energy Limited
17 February 2017
News Release
Recent share price movement
17 February 2017: The board of Ncondezi Energy Limited ("Ncondezi" or the "Company") (AIM:NCCL) has noted the recent rise in the Company's share price and confirms that it knows of no reason for this price movement. The Company can confirm that negotiations to finalise the Joint Development Agreement ("JDA") with Shanghai Electric Power Co., Ltd ("SEP") continue as announced in the Project Update on 16 December 2016 and no new material developments have occurred since.
The Company will make further announcements as and when appropriate.
Enquiries
For further information please visit www.ncondezienergy.com or contact:
+44 (0) 20 7183 Ncondezi Energy: Hanno Pengilly 5402 Liberum Capital Limited: Neil Elliot / Christopher +44 (0) 20 3100 NOMAD & Broker Britton 2000
Ncondezi Energy owns 100% of the Ncondezi Project which is strategically located in the power generating hub of the country, the Tete Province in northern Mozambique. The Company is developing an integrated thermal coal mine and power plant in phases of 300MW up to 1,800MW. The first 300MW phase is targeting domestic consumption in Mozambique using reinforced existing transmission capacity to meet current demand.
This information is provided by RNS
The company news service from the London Stock Exchange
END
SPMBSGDDCXBBGRR
(END) Dow Jones Newswires
February 17, 2017 09:41 ET (14:41 GMT)
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