Share Name Share Symbol Market Type Share ISIN Share Description
Ncondezi Enrg 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
  +0.00p +0.00% 3.875p 3.50p 4.25p 3.875p 3.875p 3.875p 311,697 07:45:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -2.4 -1.0 - 9.68

Ncondezi Enrg Share Discussion Threads

Showing 4176 to 4200 of 4200 messages
Chat Pages: 168  167  166  165  164  163  162  161  160  159  158  157  Older
DateSubjectAuthorDiscuss
18/9/2017
20:17
From a few months back but worth a refreshMozambique: Tete industrial investment zone on the cards, say analysts - African Business Magazine #Tete #NCCLhttp://africanbusinessmagazine.com/region/southern-africa/mozambique-industrial-investment-cards-tete-say-analysts/
cl0ckw0rk0range
18/9/2017
19:01
A lot of focus on Tete at the moment.
cl0ckw0rk0range
18/9/2017
19:01
Some general news.. Tete province, Mozambique, will have four railways Tete province, central Mozambique, will eventually be linked to the rest of the country by four railway lines, with the construction of the Macuse and Chiúta lines to carry coal and iron ore, as well as other goods, said the provincial director of Transport and Communications. Tete currently has two lines, the Sena line to the port of Beira and the recently completed Nacala line, both starting in Moatize, where there is a coal basin whose mines are operated by Vale Moçambique, of Brazilian group Vale, International Coal Ventures Private Limited (ICVL) of India and Minas Moatize. JSPL Mozambique Minerais, of Indian group Jindal Steel and Power Ltd (JSPL), extracts coal in the Marara deposit, another district with this type of ore. Provincial director Romeu Sandoca told Mozambican national news agency AIM that in addition to the two new Moatize-Macuse railways in Zambézia (central Mozambique) and Chiúta-Nacala Port in Nampula (north), the province will also have a dry dock built in Cateme (Moatize). Sandoca added that the Macuse line will include a branch from Moatize to Chitima, the district headquarters of Cahora Bassa, where there are two mining companies, namely JSPL Mozambique Minerals and ENRC Mozambique, a subsidiary of the Eurasian Resources Group of Kazakhstan, although the latter has yet to begin mining. The Director of Transport and Communications said the convergence of four rail lines will significantly boost the growth of Tete province. The Sena line, with an output capacity of 12 million tonnes per year is 547 kilometres long, starting in Moatize and running to the port of Beira and the Nacala line, which is 902 kilometres long, also starting in Moatize and going to the port of Nacala, with a capacity of 20 million tonnes per year. The Chiúta line will stretch over 1,070 kilometres to Nacala and will mainly serve to transport the iron ore that will be mined in the Chiúta and Moatize basin. The 520-kilometer Macuse line connects Moatize to Macuse in Zambézia province, with an extension to Chitima, another 125 kilometres, also to transport coal and iron ore. The dry dock, to be built in Cateme, Moatize district, will occupy an area of 100 hectares, and will be located next to National Highway 7. It may be delivered under concession to any interested party, including both domestic and foreign companies, in order to process all kinds of cargo other than coal.
novicetrade68
18/9/2017
14:19
Given the trade sizes likely just traders taking their few percent and moving on to the next one, some will wait for news of course.
cl0ckw0rk0range
18/9/2017
13:36
Amazing how it goes from all buys to all sells in the space of 45 mins lol....Are there really that many stale bulls about who get all excited seeing a 4 at the start of the price? Or maybe brokers have been ringing round trying to find them :)
nav_mike
18/9/2017
12:28
Yes looking like it's getting rather tight out there and likely going to get tighter towards news.
cl0ckw0rk0range
18/9/2017
12:03
Looks like available stock is drying up somewhat at the moment, limit of 10,000 shares taken out 6 times now.
novicetrade68
18/9/2017
09:11
Steady buying this morning i see
nav_mike
15/9/2017
20:40
Great article- did you write that clock?
imjustdandy
14/9/2017
20:09
Ncondezi Energy is focused on the phased development of its large scale, long life, integrated thermal coal mine and up to 1,800MW power plant project in Mozambique. Originally an export coking coal play, Ncondezi has invested significant resources in scoping the nearby 4.8bn tonne JORC compliant coal project. The mine is anticipated as being the sole supplier to the power plant. The shares are down nearly 80% over 3 months on the back of delays on closing a deal with Shanghai Electric Power (SEP). Nearly a year and a half after signing the Joint Development Agreement, Ncondezi last week announced that it had suspended exclusive discussions with SEP and will now engage with additional strategic partners who have expressed an unsolicited interest in developing the project alongside Ncondezi. · Time is of the essence for Ncondezi which has received indications of interest for an additional US$350k shareholder loan which would fund the company until 2 September. This has not as yet been finalised. Ncondezi is also actively engaging with Shareholder Loan holders to seek an acceptable funding solution ahead of loans expiring in September. · The project will require funding of circa $1bn to implement the 300MW plant and transmission line with optionality to increase capacity thereafter. · Sub Saharan Africa is woefully underpowered and the proposed site is ideally located to plug into the existing network with potential to extend supply into South Africa, Zimbabwe, Botswana, Namibia and Zambia. · This is a very advanced project and therefore has a good chance of securing high quality partners. The fact that the company has received unsolicited approaches is encouraging. A feasibility study and all technical documentation has been completed, a Power Purchase Agreement has been agreed in principle with a local utility, all relevant Social Impact and Environmental studies, land use rights and other permits are in place, the mine concession has been awarded and access to the power grid has been approved, indicating Government support. · The first 300MW stage of the power plant has been estimated to generate US$130m of EBITDA annually. Ncondezi's very existence hangs in the balance as reflected by the sub £5m market cap. Should it find a way through to financial close, even a 10% share in the project could be worth more than 10x this amount. We applaud management's decision to take back control of the project. Stimulating competition amongst potential partners may help to secure a favourable outcome for shareholders.
cl0ckw0rk0range
14/9/2017
18:44
Potential partners? GE/Eskom?http://www.gereportsafrica.com/post/165323718236/ges-power-generation-initiatives-in-south-africa
cl0ckw0rk0range
14/9/2017
15:59
Not long to wait now regardless !
imjustdandy
14/9/2017
15:54
'Ncondezi's very existence hangs in the balance as reflected by the sub £5m market cap. Should it find a way through to financial close, even a 10% share in the project could be worth more than 10x this amount.' This means for those who can't use an abacus £50million market cap or a mere 20 pennies per share.I make that 5.5 times the current price Now that is Eye CANDY Thank you Dandy,please spread the good news TTP (LSE)
cl0ckw0rk0range
14/9/2017
15:51
We are lucky to have any office in the BVI given all the problems those poor sods have suffered :)
nav_mike
14/9/2017
15:47
Dandy, see my previous post. The non-binding offers were due in August. There will be an update before the end of this month and binding offers are due early Q4 with the view to a signed deal before the end of the year. You are running away with the facts again.
m1sak
14/9/2017
14:54
Dandy... nice try, but they have always been BVI registered. Appears to be the same building, just different floor and PO Box. Essentially, they have downsized from office space in the communal washroom, to the rather smaller broom-cupboard... :o)
katylied
14/9/2017
14:37
That was an interesting RNS last night. BVI is new co HQ. I detect something big coming down the track. Have the Directors sold the business or a part of the business and want to leave the cash in a tax haven !!!
imjustdandy
13/9/2017
22:58
Partner Search ProcessFrom 25th Aug RNS. So all offers in before month end which was 2 weeks ago. Have they reviewed them all now and can we have an update please? As per previous guidance, the new partner process entered the second phase during the month of August 2017 with the focus on receiving non-binding offers from potential partners. This phase involved the opening up of a detailed dataroom, management presentations, and Q&A sessions with potential partners. The Company has begun receiving non-binding offers and expects to have all offers in before the end of the month.
imjustdandy
13/9/2017
16:49
Some speculation on finance... Michael Haworth has (at least) 2 AIM follies. (1) NCCL - Ncondezi, (2) ZIOC - Zanaga Iron Ore. Both have to date, been investment disasters. Along with Michael Haworth, both also have investment by the Hardwick Trust. I'm guessing there is some kind of link between this trust and Haworth? Does any one recall who benefits from the Hardwick Trust? Not sure that info has ever been made public. Anyway, currently the Hardwick Trust is dumping/reducing its ZIOC investment. If the objective is simply to raise some cash, then between ZIOC and NCCL this seems the reasonable choice (the Iron-Ore super-cycle is unlikely to return). However, what does Hardwick need the cash for? I wonder if Hardwick is looking to join the other NCCL shareholder loans? Afterall, the potential return on the NCCL loan in the near term (1yr) is likely to be alot better than they are ever likely get out of ZIOC shares...
katylied
09/9/2017
19:17
Yes, I think the next few months could be very exciting here. Non-binding offerS have already been received and we only need one that sticks. I wonder whether all offers and interest are for the coal to power play or whether some parties are interested to develope a stand-alone coal mine only. Not too long to wait now to get the answers.
novicetrade68
09/9/2017
15:35
The Company has begun receiving the non-binding offers from potential partners, which we will now look to develop into binding offers through a competitive negotiation process in early Q4 2017.Binding offer process to start in September 2017 with preferred potential partners.Next update planned for late September 2017.New partner process on track for completion in Q4 2017.The Company's objective is to identify a new partner capable of providing a leadership role in the financing, construction and operation of the power plant, with a credible track record in both the global and African power sectors. Although limited information can be shared at this time due to the competitive nature of the process, the Company has been very encouraged by what has been received to date.
cl0ckw0rk0range
09/9/2017
10:02
HNR - TWO wells successfully drilled with abundant oil and gas in samples extracted! Fracking and FIRST OIL next month! Don't miss this train!
happyholder123
09/9/2017
09:44
Gawd- justdandy is back. There was also an RNS on the 25th August, a snippet below: "The Company has begun receiving the non-binding offers from potential partners, which we will now look to develop into binding offers through a competitive negotiation process in early Q4 2017". Note that early Q4 is mentioned and not Q3. Please keep to the facts and do not try to mislead. The financing will be announced next before the end of the month because if we do not get that there will be no point in having finalized bids. I would suggest when we get notification of the AGM,which is due in October, they will have an idea of the date the bids will be in, at least we will have an upbeat and informative AGM. Lets hope the BOD get this project over the line this time.
m1sak
09/9/2017
09:19
Ncondezi looking good
robbo71
08/9/2017
20:40
That's the question we all want answered . The anticipation will hopefully be well worth it.
imjustdandy
Chat Pages: 168  167  166  165  164  163  162  161  160  159  158  157  Older
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