Ncondezi Energy Share Discussion Threads

[soultrading] 16/6/2021 12:02

feels brighter this morning lets see where the afternoon session takes us!

[garykc] 16/6/2021 10:48

Hopefully building up to results and news

[garykc] 16/6/2021 08:25

.............Here we go,...................again (hopefully)

[soultrading] 15/6/2021 12:55

Ncondezi Energy @Ncondezi_Energy
2h
#Ramaphosa cuts red tape to ease blackouts hobbling #SouthAfrica as he increases limit for licence to build private power plants from 1MW to 100MW #solar #battery #RenewableEnergy #NCCL #NesaCapital bit.ly/3zp6PRE

[lurker5] 15/6/2021 08:00

Every share is 'pie in the sky' Some take longer to bake.

[yasx] 15/6/2021 00:54

lurker514 Jun '21 - 12:43 - 8617 of 8628
0 0 0
Charts of of no use whatsoever for a small, illiquid, share like this."


------------------------------------

They may not be a precise indicator of how things unfold, but certainly far better than the head in the sand blinkered 'back Hanno' come what may drivel you espouse.

To provide some sort of context, one pie in the sky hopeful was writing this back in 2016:

"Overall, NCCL’s project looks to be almost there – at which time the shares can be expected to start reflecting the considerably higher market value that the power station and the mine will warrant. Given the plan to expand generation 6-fold to 1,800 MW eventually, the whole project looks likely to start to appeal to institutional investors in the UK, who might not want to see the Chinese – both loan providers and equity investors – racing away with the fruits. "

Almost there! Chuckle chuckle. Five years on, now readers conceding this project likely never to complete, less still the 1800 MW!

If the cap fits....

[soultrading] 14/6/2021 20:10

Thanks. Appreciate you taking the time to respond. I think despite the frustration of holding that you will get your money back.. and I hope you make a chunk extra for the time it has been tied up too.

My average is just slightly higher than your own for what it is worth.

[lurker5] 14/6/2021 17:51

If the cap fits ? Hanno can't, and I'm sure you couldn't, pull all those African potentates along and together through the black treacly sludge that is local poltics and afternoon naps in Moz any faster than he has done. There's always another day as they will always say. (And have you, yourself, by any chance, pulled anything together even where there's no treacle ? Anything at all ?)

[beetroot juice] 14/6/2021 17:08

Lurker if your referring to me? Then ...

I do not have toys and I left my pram over 50 years ago.

Why should I back Hanno? Any semi competent CEO should/could have PULLED it off by now.

Soul Trading I hold 7.2 million Book Cost £392k.

So currently down over 50%. With in reality no chance of selling.. My own Fault?

Yes and No.. Yes I bought but No as I can only trust information given as accurate.

I have not dragged my feet, been obstructive, not met deadlines, been vague and handed my brother a new business on a platter at others expense.

So DO I Trust, MR Pengilly (however its spelt)?

NO>>>>I Do NOT>>>and I had no idea he was part of a Well known SA Family.. But his Horns proudly on show, tell me much more than any RNS can and who he is therefore connected with and to.

And he Aint no friend of any Shareholders like Well me and You..

I will be surprised if I get my money back, but IF an opportunity arrives to bail out at Break Even, then im gone.

[lurker5] 14/6/2021 15:49

The original plan was for NCCL to take a stake in the coal project alongside the Chinese. That would have required raising funds in the UK, so if not now possible, the only option, as being said elsewhere, is to sell off all of NCCL's residual interest - probably (and hopefully) to the Chinese. Would mean an earlier flow of cash into NCCL than from the earlier idea, even if the long term value is smaller. I know which I'd prefer. Its worth backing Hanno to pull that off, rather than throwing toys out of the pram.

[soultrading] 14/6/2021 15:42

Thanks garykc.

[garykc] 14/6/2021 15:39

He has 7m at an average of 4.1p I believe

[soultrading] 14/6/2021 15:35

Fair play, always good to have a difference of opinion.

May I ask Beetroot Juice if are you holding, looking for entry or already sold?

[beetroot juice] 14/6/2021 13:48

Not really Soultrading. Sounded like waffle to me. Ok he had a Tie on and had washed his face..

But More debt needed, more dilution and same old same old, re the supposed Power Plant, you know the Coal one. That was meant to come to financial close errr 24 months ago.

Still Mr Penguin told you it was complex, you believed him, he Told you still looking good.. You believe him.

I don't.

I suspect it will all eventually crumble (or we will be told so), and MR penguin will help his family procure lots of batteries and solar panels in his home country at the cost of NCCLs Shareholders.

Its not an important sector, it never will be banks of Glass and Batteries piled up in various corners..Ie no money in it, and a vanity project at best because otherwise there is no project.

[extrader] 14/6/2021 13:42

Hanno doesn't have to believe in a long term future for coal...he just has to act as though he does whilst concluding takeover/buyout terms with someone who does.

CMEC also has solar/renewable interests, so there may be other motivators in play, too.

[soultrading] 14/6/2021 13:15

Good to a positive interview with smiles and substance.

[soultrading] 14/6/2021 13:09

yasX I hope you get your move higher that you predict from your long term chart analysis.

[lurker5] 14/6/2021 12:43

Charts of of no use whatsoever for a small, illiquid, share like this. I don't see any reason to suppose Hanno doesn't think the coal project will go ahead. He's always said it is a stepping stone to other projects. But all power projects are high risk high reward. Perhaps you didn't realise that.

[yasx] 14/6/2021 12:18

"lurker514 Jun '21 - 10:49 - 8614 of 8615
0 2 0
Fairly reassuring spiel by Hanno on Pro-Active re main project still going ahead."

Really? Nothing reassuring about that - he all but confessed it was game over for that aspect as far as NCCL is concerned. He stated "we as a Co. have to look at a future beyond coal...."


If this microcap has to consider a future beyond what was a substantial project it means there is nil prospect of that project ever going ahead, at least not with NCCL as a significant player in it.

You have to accept Lurker that you have with your banal articles called this badly wrong for years (I remember when you appeared on the AAZ thread suggesting readers forget that Co. and consider this!!). Give it up - I have bought this on the basis of the chart and will sell any spike. Those buying thinking Hanno will deliver anything meaningful either in batteries or coal are utterly deluded.

[beetroot juice] 14/6/2021 10:52

Everyone still Buoyant on LSE Nccl Forum. But they always are.

Anyway.. Im done here, Last post for now.. Will the Penguin come good?

Sensitive negotiations My ass.. :) But Hey Ho.. That tariff, Boy its a thing of Beauty SOOOO much Time, Soooo Much talk, Sooooo Much to play for... 3 years later.. Its still Hush hush..Top secret, just about to be delivered... Get a Move on Penguin..Your credibility is currently in the Toilet and im about to flush my mental Chain on you.

[lurker5] 14/6/2021 10:49

Fairly reassuring spiel by Hanno on Pro-Active re main project still going ahead. But puzzling if the Chinese are still to finance it, that his RNS had to speak of waning investor appetite for coal.