Ncondezi Energy Share Discussion Threads

[cammy3] 12/1/2016 07:55

Looks like we have an addition market maker. All coming to join the party

[tippow] 12/1/2016 07:33

Fair value at this point has to be 15p or there abouts. I will taking a position this morning.

p.s Costax is a troll you best check his posting history and spurberry is no better

[cammy3] 12/1/2016 07:26

412. The institutions who are all ready on board will probably start to increase their stakes. Could also see Director buying now too.

[cammy3] 12/1/2016 07:23

The re rate will continue over the next 12 - 18 months IMOCertainly going to be some traders arriving here now as a result

[412069] 12/1/2016 07:18

Most did not gave a chance to buy yesterday due to the late news, more like seeing how much of a gap up from the off.

[cammy3] 12/1/2016 07:16

Costa X - dream on

[costax1654x] 12/1/2016 07:10

Some profit takers today,let see how much retrace

[spurberry] 11/1/2016 22:59

How far from development? That's the only thing holding this back

[412069] 11/1/2016 22:34

What if Afc and Sep look after there own interests and start buying NCCL. Which they can do as from first thing in the morning or have been d doing it would be like adding flue to the fire.
I'm still struggling to work out the near or long term SP, but think the Chinese will back this all the way. They have been looking after their own interests now for years.

[euclid5] 11/1/2016 22:05

SEP will own 60% share price NCCL 40%

SEP will invest up to US$25.5 million to fund the development costs to Financial Close in return for a 60% equity interest in Ncondezi Power Company S.A

[keya5000] 11/1/2016 21:50

No harm in blue sky thinking for valuations that will never happen, 20p likely fair target price, factor in that its not a completed contract yet and I reckon 15p target would be par with perhaps 25p before year end.

Not bad if it achieved that from the position it started at this year?

[sigora] 11/1/2016 21:47

will be happy with 20p may even see it in next day or two

[katylied] 11/1/2016 21:45

Cammy3 - This share was £2.20 in 2012 on what?

Cammy, I don't know if that is just part of your pump narrative (which is fine by me), but if it is a genuine question, you should know that way back then the company was engaged in proving up a massive coal resource with a view to coal exports. Back in that day, Moz was all about vast new reserves of coking-coal and the global market for coal was still in boom time. NCCL didn't actually find significant amounts of coking-coal and the coal market collapsed anyway. Moz had also failed to deliver sufficient export infrastructure and one key giant exporter and infrastructure investor, Rio-Tinto, ultimately threw in the towel (taking a massive loss).

From 2013 onward, NCCL had redefined itself as a IPP power-project which no longer depended on missing export infrastructure, or the global coal-price. During the period of the IPP project, the highest share price was probably ~30p/share, then ~15p/share until they ran out of money and had open-offers at 5p/share (with director performance options at 6p/share), then again at 5.8p/share, when they also sold 22% of the company to AFC.

Back in the day, when the share price was between £1&£2, they once even did a share-buyback! One complete wildcard that does still remain, is that only a small part of the thermal coal resource is captive for the IPP project. Now in 2016, the rail to Nacala is pretty much a reality. So in the unlikely event that the coal market actually recovers, NCCL could yet still have an export thermal-coal product... dream on...

[cammy3] 11/1/2016 21:43

how many shares are in Issue M1ask? is 250m the wrong number?

[m1sak] 11/1/2016 21:41

Cammy, you`re ramping.

The last price target was 43p by Finncap at Financial Close, that was based on 70/30 split and before the shares added by AFC.

We are looking at half that in this current climate.

[cammy3] 11/1/2016 21:06

412Wait on all the new broker notes. Massive re rate coming. 20p is way undervalued. A detailed broker note would help us all understand the true value This share was £2.20 in 2012 on what?Now we are 7p and de risked

[investment dave] 11/1/2016 21:03

I think the next few days will see huge gains potentially over 20p as the news is digested

[412069] 11/1/2016 20:57

Tip.

I know it is, plus with the $35m we get later I've not a clue how to price this now, way way above what I thought the bod would achieve.

[tippow] 11/1/2016 20:50

412069 surely NCCL is worth a lot more then 10p. Cash alone is worth 9p

[412069] 11/1/2016 20:46

A premium will have to be paid on anything over 15k.
I'm expecting a gap up pre opening at what share price I've no idea.
Newcomers will pounce on this up to 10p plus IMHO.

[simon_64] 11/1/2016 20:43

Hope

It was difficult to buy in size period.

[hope67] 11/1/2016 20:33

Think a lot will be trying to buy in the morning difficult to buy in size after rns today