Ncondezi Energy Share Discussion Threads

[412069] 14/1/2016 08:15

It's coming, won't take much to get us back on the leader board today.
Get people to look at the massive prospect we have here.

[m1sak] 13/1/2016 16:33

NAV Mike
I sent you a private message, did you receive it?

[simon_64] 13/1/2016 15:16

Also the trades were all round figures 200k, 100k, 150k.

The two late reported trades today of 150k at 5.7, I reckon was their swan song.

[nav_mike] 13/1/2016 15:09

M1sak

Do you have any idea when the company may be able to put more 'flesh on the bone' re the JDA by a presentation or such like?

I must admit i also thought Brooke have continued selling....the sell off after news is a bit difficult to understand otherwise

[recordz] 13/1/2016 14:58

You don't seem to get high volume in this one at all.
Shares must be held pretty tightly.

[412069] 13/1/2016 14:49

L2 stil 2 v 1 after the nudge up.

[simon_64] 13/1/2016 14:45

I have MAB. Regards.

[bones30] 13/1/2016 14:42

Because they sold a whole bunch. We won't be notified any further reductions if there are some, because they don't have to below 3%.

[mohammedalibusiness] 13/1/2016 14:42

Simon - regarding post 1367 - have you seen Kibo's RNS today? The plant is indicated to be running at 1000MW+ rather than 300MW as Kibo are buying up licences around them.

[m1sak] 13/1/2016 14:40

Brooks still hold their 7.3 million shares.

Why does everyone think that they will sell more or all their shares?

[sigora] 13/1/2016 14:34

should get a big delayed trade to confirm that then we are of to the races

[412069] 13/1/2016 14:34

Pre news is was very hard to buy any above 50k without a premium maybe get terming back to normal trade sizes.

[412069] 13/1/2016 14:32

3 v 1
Maybe getting ready to move after Brooks have F off.

[sigora] 13/1/2016 14:32

something brewing

[ileeman] 13/1/2016 14:31

When this bounces it is going to be quick

NT to buy at 4.75p, no idea why they dropped it there if they have no stock

[sigora] 13/1/2016 14:30

whats l2 like ?

[jamie414] 13/1/2016 14:29

Can't buy any with my broker online.

[sigora] 13/1/2016 14:27

150k buy way above the ask

[simon_64] 13/1/2016 13:17

I am also invested in KIBO and IMHO both these shares are massively undervalued and both are screaming buys. NCCL has more coal and less shares in issue, KIBO is slightly more advanced with their JV and has other assets such as gold, lithium, nickel. I believe both will multi-bag in the next twelve months.

[bones30] 13/1/2016 12:55

"Market capitalisation of the Company following Admission at the Placing Price £146.6 million".

So a minus ten bagger for those who bought the IPO.

[412069] 13/1/2016 12:54

I did post this link re Sepco a bit ago...fundings not a problem for them.

[412069] 13/1/2016 12:18

Also the cash amount is worth 9p a share to NCCL for previous out goings ect, still nothing to stop SEP saying to all share holders well offer 30p for the lot after the binging agreements signed. Remember the $35m on offer after final close. That's probibly what the BOD don't want ie lose your jobs lads.



The mines worthless with out the power station and visa versa, if the bod start acting up Sep could just buy the mine once all approvals are in.
I hope not but makes me feel one way or another the station will be built if NCCL stay on board its quids in.

Reading the last rns over again a few times this is some deal.

From the rns below

The JDA is a binding agreement between Ncondezi and SEP and sets out the terms on which the Power Project will be developed. The Ncondezi Coal Mine will continue to be wholly owned by Ncondezi and will be developed and financed separately. It is envisaged that a Coal Supply Agreement will be entered into between the relevant entities.

[bones30] 13/1/2016 12:09

I think the main thing is that the JDA is binding.

Up to this point they had an MOU, which as I understand it isn't.