Ncondezi Energy Share Discussion Threads

[beetroot juice] 14/12/2021 10:07

Strange Quotes for selling and buying stock today.

Tried a 200k sell offered 0.9145, tried same buy 0.9144

Meaning the bid price higher than the offer

You want to dump 2,000,000 then you get 0.77p:)

[beetroot juice] 14/12/2021 09:41

By the way all trades this Morning are buys. Under 2mill being offered at 0.918

YOU Just might wish in the next few months that you bought down here, if you're up to your eyeballs in NCCL with a high average.

Me I would drop your average, in for a penny in for a pound. Easier to exit at 3p when these start moving than 5 or 6p.

[frankandbeans] 14/12/2021 08:56

Blind hope then?

If there was any positive news imminent they wouldn’t have done the recent bucket shop placing, another loan would have been arranged with directors at silly interest rates and some sort of loan to equity conversion option just as cream on top.

Looks like they have given up.

[frankandbeans] 14/12/2021 08:15

Rats something something
Sinking ship something something

[danmart2] 14/12/2021 05:39

Quoting John Cornford? You may as well quote Lurker5!

From his latest article -

‘Its not been a good year for AIM and early stage miners – including most of my own coverage. So will 2022 be any better – and should readers hold on to my earlier picks ?

(Regular readers will know that I don’t generally DO ‘tips’. I tend to do ‘one-off’;


‘I don’t do tips’ he writes despite over numerous articles building up junk stocks such as KIBO and NCCL

As recently as July he wrote

‘ NCCL’s shares offer a balance of a 4-5 fold potential profit over the coming year (albeit much later than anyone thought) in exchange for a small chance of total loss’

With such outstanding insighT he could soon be writing articles on Motley fool website with its daily financial junk advice.

[mininglamp] 13/12/2021 22:49

John Cornford comments on Ncondezi via Master Investor tonight.



Ncondezi Power (NCCL) is still working on its Tete project in Mozambique, despite questions whether its Chinese sponsors will cancel it under the strictures on new coal projects, but which hasn’t stopped new coal plants being progressed elsewhere in Asia. The need and strong economic case for Tete, and the advanced stage it has reached in planning, means that the shares currently are valued on an extremely high reward/risk ratio. The Chinese could, at any moment, either withdraw their backing, or confirm it.

[frankandbeans] 13/12/2021 18:02

Widows, orphans etc.

Next news moving into UK reserve power.

Seen it here first folks.

Chuckle chuckle.

[danmart2] 13/12/2021 17:11

It’s more surprising there is still a buyer at 0.90p

[garykc] 13/12/2021 16:06

RNS along the lines "EDM note the proposal from NCCL but find the bigger brown envelope more attractive".

[danmart2] 13/12/2021 16:06

It’s over

[garykc] 13/12/2021 14:31

Placing anyone??

[garykc] 13/12/2021 14:07

Bad news a coming????

[garykc] 10/12/2021 08:24

Well that has certainly set the market alight this morning!!!!

[howler1975] 10/12/2021 07:14

Ncondezi Energy Ltd - Submission of Transmission Integration Study #NCCL @Ncondezi_Energy https://www.voxmarkets.co.uk/rns/announcement/01492f39-6cef-4e52-af2d-4f98d642b7ac #voxmarkets

[yogaboy] 07/12/2021 09:52

"NCCL have tweeted out 2 week old news"...and the President of Malawi (no less) tweeted it two weeks ago with a photo.NCCL's PR is pitiful.

[imjustdandy] 07/12/2021 08:35

Sad end to the life of NCCL. Directors taking the assets before calling it a day. There's nothing left except a mega capex/liability project.

[danmart2] 06/12/2021 18:28

NCCL have tweeted out 2 week old news

Is the company ramping its own share price?

[garykc] 06/12/2021 15:08

That news has certainly started the avalanche of buying!!!!

[garykc] 06/12/2021 14:35

Bit of info on the LSE site about construction works have started on the connector line.

[danmart2] 06/12/2021 07:34

Frankandbeans

Have a nice week, please do not lower yourself to swearing at others, this board can help people protect their investments and decent discord is a key part of generating meaningful contributions.