Ncondezi Energy Share Discussion Threads

[novicetrade68] 02/6/2021 16:21

looks that way, $3.1m as a first revenue source + introduction of new technologies in Mozambique, so all in all well done I think - would be nice to see a few more of those deals, perhaps some companies/organisations in Mozambique will take note too.

[soultrading] 01/6/2021 08:36

looks positive

[garykc] 01/6/2021 08:17

Would love to top up at these levels but alas, no funds available.

[123js] 01/6/2021 08:09

Pretty close...good thing we were topping up! Now to ride it all the way up ?

[garykc] 01/6/2021 07:55

I will go for an opening of price of 2.9p

[garykc] 01/6/2021 07:49

Any guesses on the opening bid after this RNS?

[garykc] 01/6/2021 07:15

As you were, only about the Solar Project

[soultrading] 24/5/2021 08:30

If I didn't already own so many, I would be buying down here.

[escapetohome] 21/5/2021 09:08

Could very well be risk to the upside rather than downside at this price, is my guess.

[garykc] 21/5/2021 09:07

Start of the uptrend??

[garykc] 20/5/2021 20:10

Another 608k popped up after hours

[novicetrade68] 20/5/2021 16:54

not me, but good to see such a buy following the earlier 754k sell.

[garykc] 20/5/2021 16:34

Own up, who just bought over 600k this afternoon??

[novicetrade68] 20/5/2021 16:13

yasX, imo there is some progress here; from the RNSes there should be some hope EdM is taking this company more serious now whilst NCCL still has the advantage of offering the most advanced developing power project in the country, so all should not be lost at this stage I think and with a bit of luck there is some additional cash flow from their solar projects, which they presumably can work in tandem as it is in Mozambique as well.

[123js] 20/5/2021 14:58

The advantage line is a fine one when it comes to taking or being taken!

[soultrading] 20/5/2021 13:52

Good to see some have taken advantage of price. At the point where investors are getting frustrated it is usually a good time to add.


Warren Buffett once said that it is wise for investors to be “fearful when others are greedy, and greedy when others are fearful.”

[yasx] 20/5/2021 12:36

It is fairly clear that there is nil progress at the main project nor is there likely to be. SF will likely to to recoup some of his losses by way of free options/related party loans etc

You can see what is coming next - they will eventually concede the main project has fallen by the wayside, but, not to worry, things are great at the solar outfit!! I reckon this has been on the cards for a while.

[123js] 20/5/2021 09:39

Added yesterday morning...too soon... should've waited for the nod from garykc...!Steeling for further dabbling if drop continues...

[garykc] 20/5/2021 09:23

Only yesterday afternoon.
Can't really commit any more funds without selling something else. Something at the moment, I am not prepared to do.

[soultrading] 20/5/2021 09:11

Anyone bought any down here.

[yasx] 20/5/2021 00:36

Elsewhere I yesterday wrote this:

"There is nothing on the main project in which they just keep kicking the can down the road & refer to endless 'tariff negotiations progressing well' waffle but nothing objective. I think it is time for Hanno to walk & SF to show a bit of transparency re lack of outcomes"

The update today merely confirms the same - all waffle, no progress.

[yasx] 20/5/2021 00:34

Lurker,

Be it noted that you were leading the charge over the past couple of years repeatedly declaring this to be the best thing since sliced bread (while at the same time criticising AAZ) - would you therefore categorise yourself as one of the half-experienced investors to whom you refer?

[garykc] 19/5/2021 16:23

Took another 150k just in case this turns around anytime soon!!!!

[garykc] 19/5/2021 15:57

Incredible. I thought 10%, now down almost 14%. Looks like the market has the same thoughts as us on the company and its board members.