Ncondezi Energy Share Discussion Threads

[cammy3] 08/1/2016 07:29

Chinese need deals out with their territory based on Chinese economy Watch this space

[cammy3] 08/1/2016 07:24

Can't see this board agreeing terms which are detrimental . AFC on board here too so they're no pushover for Sepco

[113mike] 08/1/2016 07:23

thats if the terms are good of course!

[cammy3] 08/1/2016 07:22

Still need news 412. Once the market knows the content of the JV then serious re rate on the cards

[412069] 08/1/2016 07:20

Look on SEP's wed site lads and see how many billions it's worth, the Chinese was us the best.
And let them take a 25/30% stake just for good measure.
China back on track today so the market will be blue.

[cammy3] 08/1/2016 04:07

Agree - AFC experience and financial backing is a huge tick in the box. News any day now I suspect

[escapetohome] 07/1/2016 23:37

Its good we have AFC behind us , with all this China turmoil occurring.

If necessary we can go it alone, with the strength of AFC backing as has already been said.

[cammy3] 07/1/2016 17:07

The right deal with Sepco will see this back to 20p plus

[cammy3] 07/1/2016 16:54

Needs news on Sepco

[sigora] 07/1/2016 16:53

nice 100k buy near the end should bounce from here now depending on general market sentiment

[cammy3] 07/1/2016 16:21

Market makers played another blinder today. marked it down from the off no marking it up with 10 min to go!

[412069] 07/1/2016 13:20

Also lads, Brooks should have spat there dummy out totally soon remember.

[412069] 07/1/2016 11:24

MM's playing on market fear, I'm having some at 3.5 if it gets there.

[cammy3] 07/1/2016 11:21

oh well - just need to wait on news

[cammy3] 07/1/2016 11:10

You can sell plenty again. Not a day to be selling

[cammy3] 07/1/2016 10:57

I also think we will get news tomorrow / Monday

[cammy3] 07/1/2016 10:08

Lady

I think they will secure an extension easily. They have a good relationship there.

Gut feel says the next RNS will be SEPCO deal and this is a pre condition of the EDM contract. So in short a SEPCO deal will purify the key condition making any extension a formality.

What we really need to see is the terms of SEPCO deal. Does it come with cash, do they take a 29% stake in NCCL t a huge premium to the current share price. I can see Africa Finance corporation taking a dilution so they will want a huge premium.

Its all up for grabs

[lady_g] 07/1/2016 09:08

31st December deadline passed and not a whisper from NCCL. I wonder if they are having difficulty securing yet another extension. My best guess is we get an RNS some time next week that says they are working towards conclusion of a deal in Q1. No detail. IMHO the share price will drop and we all get angry with the BOD again - anyone got a different view?

[412069] 06/1/2016 15:34

All level on L2 all day, they have been paying above the bid since late yesterday.
for fare size chunks.

[sigora] 06/1/2016 13:41

oright thnx simon must be on the other exchange

[simon_64] 06/1/2016 13:27

06/01/2016 08:11 99,858 @ 4.02

[cammy3] 06/1/2016 13:22

Calm before the storm

[sigora] 06/1/2016 13:17

very quite today not 1 trade

[412069] 06/1/2016 08:39

Morning fellas, looking like they are willing to offer above the bid this morning, there are 55% of these held by intos's that we know of.
Say another 15%+ long termer's that could leave only about 75m for the MM's to mess about with ie £3m quids worth, which once news comes again IF good will be gobbled up sharpish IMHO.

[412069] 05/1/2016 16:06

Nah

They want traders now no spread.