Ncondezi Energy Share Discussion Threads

[bismilallah1] 21/12/2015 14:03

412 buys coming in

[412069] 21/12/2015 08:51

Morning all a nice lie in for me this morning.
Keep your eyes peeled the RNS could come anytime, maybe a bit of an increase in volume just before.

[bismilallah1] 21/12/2015 06:59

Good morning 412 Sig and Salaams which means peace

[investment dave] 20/12/2015 22:15

Wow can see this really moving tomorrow

[cammy3] 20/12/2015 18:06

Spot on Nav. Lets see the terms of the JDA with SEPCO which may be the catalyst to that valuation and more

[412069] 20/12/2015 17:58

Cheers Nav.
That's even better, let's the contract signed like SEP said they would.

[nav_mike] 20/12/2015 17:26

412069

Its not saying 8.9p its saying 8.9x current price based on 1.9p current price when they did their math.

ie 8.9 x 1.9 = 16.8p raise price they have calculated to give a 20% return to institutions.

They are somewhat dismissive of NCCL but do say the share price is depressed through fears of it going bust.

Perhaps once those fears can be removed we may get to a proper valuation

[412069] 20/12/2015 17:20

I'm certain we'll get some news this week, and will come from china first via SEP.
The link above saying 8.9p possible which would be nice.

[investment dave] 18/12/2015 18:48

Definitely someone is buying big time can see this really motoring next week

[mally6] 18/12/2015 18:09

One thing for sure someones buying here all the sells been hovered been difficult to buy any amount

[investment dave] 18/12/2015 17:04

Strong close expecting this to be trading well into the 5s next week

[katylied] 18/12/2015 16:59

There certainly should be. Everyone is 'banking' on
that to keep the wolf (dilution) from the door...

[cammy3] 18/12/2015 16:57

Katy - need to see the terms of the JDA next week with SEPCO. There may well be a cash element up front to NCCL

[katylied] 18/12/2015 16:47

Cammy3, turns out there are other hurdles before EDM's requirements are fully met. This SEP deal is the key enabler, but I doubt there is any realistic chance now the BoD will get everything completed by the 31st. Note also, the Chinese New Year holiday in 2016 starts early on 8th Feb, so our bunkered BoD really do need to get their collective finger out, before insolvency hits...

Zitamar News 2015/12/11 - "...The deal with EDM also depends on signing bankable EPC (engineering, procurement and construction) and O&M (operation and maintenance) agreements for the power plant, mine and common infrastructure; and agreeing a timetable with EdM to finalise the key commercial agreements, namely the Power Purchase Agreement, Power Concession Agreement and the Coal Supply Agreement..."

[bismilallah1] 18/12/2015 16:32

412 Sig both have a lovely weekend and the very best to both

[bismilallah1] 18/12/2015 15:45

412 I think you are right blue finish indeed

[cammy3] 18/12/2015 15:42

If this deal has to complete by 31/12 then must be next week as i can't see anyone working on this between 25th Dec and 31st Dec

Maybe monday

Looks an outstanding project

[412069] 18/12/2015 15:29

Blue finish anyone!

[412069] 18/12/2015 15:28

Hats off to you bis, you did call that one we'll done.

[bismilallah1] 18/12/2015 15:08

Agq 412 flying

[412069] 18/12/2015 13:33

Brooks will have finished selling any day now, they have spat there dummy out and I for one will be glad the overhang will have gone.

[paul the octopus] 18/12/2015 11:48

its Friday so let's see another afternoon rns

[paul the octopus] 18/12/2015 11:47

@zOctopuz and there are some who suffer premature ejaculation selling #NCCL at 3.5-3p, some Viagra pills should give #NCCL 9p orgasm