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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ncondezi Energy Limited | LSE:NCCL | London | Ordinary Share | VGG640631039 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.825 | 0.80 | 0.85 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
30/12/2015 17:07 | Katy, can you elaborate on "the company becomes insolvent sometime before February"? | paul the octopus | |
30/12/2015 16:39 | The company has never before issued an update by a missed deadline. It usually comes at least a week after the deadline date. Meanwhile without the SEP deal (and cash upfront) the company becomes insolvent sometime before February... Don't underestimate the ability of the bunkered BoD to seize defeat from the jaws of victory... | katylied | |
30/12/2015 16:29 | realistically looking forward for the extension rns by tomorrow ambitiously looking forward for the binding agreement rns by Jan end reasonably looking forward for conditions 2 & 3 by Q1 2016 by then, have no idea what NCCL mcap would be, but looking forward for it | paul the octopus | |
30/12/2015 16:17 | Im sure all parties are aware of the deadline. If there was bad news re further extension we would have heard by now. After all this is the 30th Hopefully an update tomorrow on all fronts. | cammy3 | |
30/12/2015 16:16 | RNS Tomorrow saying deal done or yes were doing the deal Like we said on the 16th but a bit mite time required. It will not say deals off IMHO. | 412069 | |
30/12/2015 16:11 | on a side note, another breakout happening now is ZAM at 8p looking for 16p eggs/balls split into separate baskets ;) | paul the octopus | |
30/12/2015 16:08 | I do read you Cammy, and also read The conditions precedent to the commercial deal include: * Reaching a binding agreement with a strategic investor acceptable to EdM who is to be the key responsible party for the development, construction and operation of the 300MW power project; * Signing bankable EPC and O&M agreements for the power plant, mine and common infrastructure; and * Agreeing timetable with EdM, the strategic investor and Ncondezi to finalise the key commercial agreements, namely the Power Purchase Agreement, Power Concession Agreement and the Coal Supply Agreement. the rns we waiting for is really another extension, as it is very unlikely that the 3 conditions above will be all done in the next 24 hours. add to that if the first condition is complete by tomorrow then it will be the best thing to end 2015 with, but again could it happen? | paul the octopus | |
30/12/2015 15:55 | Paul read this RNS carefully. not a time to sell 11 December 2015: Ncondezi Energy Limited ("Ncondezi" or the "Company") (AIM: NCCL) is pleased to confirm that it is in the process of finalising a binding Joint Development Agreement with Shanghai Electric Power Co., LTD ("SEP") to jointly develop its 300 MW power project in Tete, Mozambique. This announcement follows a public announcement to the Shanghai Stock Exchange this morning by the SEP Board: "In accordance with China's strategic initiative of "One Belt, One Road", Shanghai Electric Power Corporation (SEP) is going to cooperate with Ncondezi Energy Limited (NEL) to invest and build two units of 150MW coal-fired power plants in Mozambique. For the purpose of accelerating the development of the project, SEP and NEL intends to sign the Joint Development Agreement for further cooperation." | cammy3 | |
30/12/2015 15:25 | paul with favourable news here could we see a web type rise here ? | sigora | |
30/12/2015 15:15 | tomorrow is half day, markets close 12:30, so news tomorrow won't sound a good signal. some won't risk it like the lad just sold 246,875, profit is a profit once taken out as per say | paul the octopus | |
30/12/2015 14:55 | Just need the news now. Tomorrow? | cammy3 | |
30/12/2015 14:37 | MM's now looking for sellers tight spread L2 1 v 1 15k each side, BUT no ones selling lads. Think we'll close at 4.5p today. | 412069 | |
30/12/2015 14:27 | sounds itchy balls, and mm's not helping playing musical chairs | paul the octopus | |
30/12/2015 14:01 | sounds good, was it the ho ho ho santa? | sonomic | |
30/12/2015 13:59 | Coming out of auction at 4p bid | 412069 | |
30/12/2015 13:59 | Just picked up 120k , should have bought in a month or two ago. | simon_64 | |
30/12/2015 13:58 | who did it? | sonomic | |
30/12/2015 13:57 | China have been buying mineral assets in Africa for years now. And when you get to build the power station on top of the coal instead of transporting it how much cheaper can it been. | 412069 | |
30/12/2015 13:47 | Katy does it make any difference ? they only need c £50m to take out NCCL. | cammy3 | |
30/12/2015 13:40 | my top on not showing yet | sigora | |
30/12/2015 13:38 | L2 Now 3 v 2 45 v 30 We've not finished riding here yet today. After hours RNS maybe! | 412069 | |
30/12/2015 13:38 | Share price rise could force a statement out from NCCL. | cammy3 | |
30/12/2015 13:36 | This was from last years' RNS about SEP : 'SEP is a company incorporated in the People’s Republic of China and listed on the Shanghai Stock Exchange with the majority of its shares held by China Power Investment Corporation (“CPI”). CPI is one of the largest power generation groups in China with an installed capacity of 90,000MW. SEP has experience of owning, constructing and operating coal fired power stations and has a stated strategy of international growth in Africa, specifically Mozambique. ' | novicetrade68 | |
30/12/2015 13:32 | Am a tad surprised nothing else been released as of yet, after all look at SEP to get all the news you need in order to buy some more. | dorset64 |
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