Ncondezi Energy Share Discussion Threads

[soultrading] 01/9/2020 10:47

Into the 5s this week

[cl0ckw0rk0range] 01/9/2020 08:42

A developers premium was included in Ncondezis previously agreed tariff with edm. These are typical in the industry and regarded as an acceptable return on developers capital.There is also the buy in price for 60% equity stake which has not been discussed.... yet.

[dozyduck] 28/8/2020 14:29

The reason, of course, the shares haven't reacted yet, is the unknown amount NCCL will have to contribute (in addition to back costs) to keep its 40% share. Assuming the $11bn capex and a 70% project loan, this totals $132m. Back costs not likely to exceed $30m (can be worked out from accounts and past statements) and there is no such thing as a 'development premium' (except maybe a small fee) for power plant projects like this. They are for the likes of commercial property which, until recently, could be sold off at a profit (the premium) over their build cost. So, still around $100m to be raised in NCCL equity at an unknown share price unless some of that 40% is relinquished to some other equity investor. Second reason is NCCL hasn't published an up to date NPV since 2014 - which was for a different scale project. (Any tariff agreement won't answer that question either) . Putting those two unknowns together means new investors will hold off until they're clarified. And Cannacord's May 'initiation' note showed it hadn't a clue either.

[bean02] 28/8/2020 13:19

Good old NCCL. Never knowingly making shareholders dreams come true.

[cl0ckw0rk0range] 28/8/2020 11:52

September he just mentioned in the podcast.

[extrader] 28/8/2020 10:14

Hi MetalTrack,

Tariff agreement and historical costs are in the pipeline too and I expect those to follow this RNS in rapid succession.

Yes, esp. as historical costs is in Hanno's gift, no excuse for not producing this PDQ, as far as I'm aware.

Unless it's part of some 'talks about talks'...

ATB

[metaltrack] 28/8/2020 08:55

SHA TS signed ?It's another foundation block for this potentially lucrative project.Tariff agreement and historical costs are in the pipeline too and I expect those to follow this RNS in rapid succession.Finance for the project is also looking good. There is already a Letter of Intent from a large Chinese banking organisation. I have no doubt they'll be working with CMEC to make power generation and supply a reality from the site at Tete.Mozambique needs this resource. The government has a long term plan to increase the availability of mains electricity for it's population. The political will is there.The technical expertise is there. It will happen.

[soultrading] 28/8/2020 08:50

Feels more concrete today. Like we can finally believe it is going to happen. I wonder if they will do an interview today..

[cl0ckw0rk0range] 28/8/2020 08:30

It does look very cheap in light of today's RNS to be fair. Recent broker note had said 13p at that stage of progress so what's fair value now?

[bean02] 28/8/2020 08:28

Can buy now!

[daddy warbucks] 28/8/2020 08:25

Looks like it is finally happening. Good luck to all who have stuck with it.

[soultrading] 28/8/2020 08:10

NT to buy.

[cl0ckw0rk0range] 27/8/2020 11:19

250k buyer is back

[escapetohome] 18/8/2020 14:00

Nice! Just like i said, they were giving them away at 3.2 p, you couldnt fail to make money.

[cl0ckw0rk0range] 17/8/2020 10:32

Nice try sandy PMSL

[howler1975] 13/8/2020 09:19

Another good start to the day following some heavy accumulation over past few days.Just the beginning of a long awaited rerate for this share following last weeks very positive interview.Summary of upcoming news for Ncondezi Energy.1. Historical backcosts finalised in coming weeks then submitted to partners 2. EPC agreement to be signed next month 3. Tariff negotiations with EDM progressing well4. Strategic Shareholder termsheet near final draft.

[extrader] 10/8/2020 16:32

Hi howler1975,

More background available on l s e ...

HTH and ATB

[howler1975] 10/8/2020 13:17

Finally seeing a bit of interest and some consistent buying following last weeks highly positive interview and promise of further news flow throughout August.

[extrader] 05/8/2020 14:50

Hi all,

And another useful update that hasn't been picked up :

On proactiveinvestors......companies/news/925908/ncondezi-energy-ceo-updates-as-it-submits-new-transmission-integration-study-925908.html

Some fairly positive stuff.

ATB

[big frankie] 03/8/2020 20:50

Today's RNS, not flagged on the ADVFN Monitor. For those that missed it.

Mon, 3rd Aug 2020 07:00
RNS Number : 8473U
Ncondezi Energy Limited
03 August 2020


News Release - RNS Reach


Transmission Integration Study Submission

3 August 2020: Ncondezi Energy Limited ("Ncondezi" or the "Company") (AIM: NCCL) is pleased to announce the submission of the Transmission Integration Study to Electricidad de Moçambique ("EDM") for its integrated Ncondezi 300MW coal-fired power project and coal mine in Tete, Mozambique (the "Project").

Highlights
· Updated Transmission Integration Study has been completed and submitted to EDM for review
· The study evaluated a number of transmission connection options for the Project taking into account current and planned changes to the network since the last study was completed with EDM
· The study will be used by EDM to provide approval on the project transmission option to connect into the Mozambique grid

Ncondezi Chief Executive Officer, Hanno Pengilly said: "It's a fantastic step forward that we have submitted the final draft of the Transmission Integration Study to EDM for review. Following the updated tariff proposal in March 2020 this report was required and has been updated with proprietary information from EDM. The results look encouraging and have identified a number of optimisations which have the potential to improve transmission line cost, strengthen the grid and facilitate future transmission expansion plans. Tariff negotiations are continuing in parallel and are progressing positivly. The team continue to work tirelessly to reach our goals and we look forward to providing further updates in due course."

[cl0ckw0rk0range] 25/7/2020 07:58

10p you reckon