Ncondezi Energy Share Discussion Threads

[cl0ckw0rk0range] 07/10/2019 10:03

Who has been hoovering

[cl0ckw0rk0range] 04/10/2019 15:50

Look on twitter

[soultrading] 04/10/2019 12:43

I might be completely off track here but I can't help thinking that Scott Fletcher might be taking more.

I seem to remember that he had bought 7.035% and said at the time the lowest price he got was 6.68 - he has since averaged down and upped his holding to 10.16%.

If it is not him then maybe someone else, the price action seems slightly off with the printed trades, more buys than sells here and on NEX by a margin and yet the price is down, could it be order filling or something else. I guess time will tell.

Any thoughts?

[soultrading] 04/10/2019 12:16

Lots of buys today. They have to let it go soon.

[cl0ckw0rk0range] 04/10/2019 11:07

It's factual. Look it up.

[cl0ckw0rk0range] 04/10/2019 08:15

I'm saying that it was likely an oversight in the original RNS that they have clarified in the subsequent RNS.It's binding.

[cpap man] 04/10/2019 07:34

KAV



SP Angel . Morning View .


Kavango Resources (KAV LN) 2.0p, Mkt Cap £3.1m – Kavango selects new targets for 1,000m drill campaign

Kavango Resources has signed a contract mobilising a number of drill rigs to test targets in Botswana.

The drill program is for three vertical holes covering 1,000m on the Kalahari Suture Zone ‘KSZ’

The team plan to intersect conductor targets at depths of between 200m and 400m.

To save time and cost, the holes will be pre-collared to approximately 150m with reverse circulation drilling followed by diamond core drilling for better information on the geology below this point.

Management are hoping to find mineralisation in a 10km x 6km magnetic anomaly, which is interpreted as a potential magma chamber.

The other two targets relate to significant linear magnetic and conductive structures.
Water will be trucked in from a local town.

Conclusion: Botswana hides many interesting mineral discoveries under a significant depth of Kalahari desert sand.

Kavango hopes the use of modern remote sensing techniques will help it pinpoint mineralisation in anomalies of significant scale under the sand.

While drilling these targets feels a bit like wildcatting in the oil industry investors can rest assured that target generation is supported by a thorough analysis of the latest data.

[mike2909] 04/10/2019 07:28

So you are saying that a comment made by the chairman in the half year report supersedes the official JDA Rns that was most probably agreed by all involved.
Sorry but I disagree, the chairman has been known to make flippant comments before.

[cl0ckw0rk0range] 03/10/2019 21:45

Mike that was taken from the last RNS. It clearly says binding JDA.

[mike2909] 03/10/2019 20:26

I am more inclined to believe the JDA Rns that clearly sets out the 2 clauses where any of the parties can break this agreement. Another flippant comment by the chairman imo, the same one who told us the JDA was expected at any moment now, which then took months from there. It is not binding and that is a fact and you know it. Funny how you don’t seem to accept an official Rns that was probably overseen by all parties.

[cl0ckw0rk0range] 03/10/2019 17:16

Post period end events: · Binding JDA signed with the Parties to co-develop and construct the Project. · A further US$409,000 of the Shareholder Loan converted into equity at a price of 10 pence per share and 3,144,485 new ordinary shares were issued.

[mike2909] 03/10/2019 16:21

Yogaboy, don�t give up your day job 😁😁 seriously though I never expected to be down here sub 5p. Contrary to some comments on here that the JDA is binding, it is not binding. As someone alluded to earlier on here, there is the ability for either party to walk away. I don�t think it is the sole reason for this price, but it certainly can�t be helping matters, imo.

[yogaboy] 03/10/2019 10:27

When I said 6p was history, this wasn’t quite what I had in mind. 😂😂😂

[cl0ckw0rk0range] 03/10/2019 09:45

Chief Development Officer, Hanno Pengilly, will be speaking at the Shares Investor Evening in Manchester on 10 October 2019. For more information on how to attend see link below:sharesmagazine.co.uk/events/event/s...

[escapetohome] 03/10/2019 09:10

Oh dear, back to the starting line. False start no 100.
Amazing trading share .

Wait for 6p reload at 4p.

[bushranger] 03/10/2019 09:07

The 'binding' JDA had a 12 month 'walk away' clause.

[jammydodger1] 03/10/2019 09:06

They claimed big riches when the jda landed Now they have all scarpered Back to 3p Drip drip

[cl0ckw0rk0range] 30/9/2019 19:03

The binding JDA leads on to the back costs and the developers premium being received which are multiple million dollar figures. How is that wrong? It's factual.

[jammydodger1] 30/9/2019 17:59

They claimed the jda would unlock riches and millions yet the rampers were wrong

[cl0ckw0rk0range] 30/9/2019 16:49

jammydodger1Member since: 23 Aug 2019586 posts

[jammydodger1] 30/9/2019 16:38

They claimed jda