Ncondezi Energy Share Discussion Threads

[felix60] 15/6/2016 16:27

Any idea why so much sells going through any one

[novicetrade68] 14/6/2016 13:50

5 min interview just out. Some one on LSE mentioned that we could also see the new presentation today.

[nav_mike] 14/6/2016 08:51

In the face of early morning buying, and presumably their regular seller of stock not having woken up yet, MMs widen the spread to absurd levels

Good to hear all went well last night, stuck in the back end of beyond atm, so had no chance of attending :((

[pvw] 14/6/2016 08:34

I attended & met Hanno & some other investors. It was excellent overall & I am very encouraged

[nav_mike] 14/6/2016 08:21

Hope the presentation went well last night, and that there is something for the company to put up on its rather comatose website :)

[ryan83] 07/6/2016 14:24

Chart says 6p before news

[turbotrader2] 07/6/2016 11:21

Coming to life

[123js] 02/6/2016 15:38

Cross everything!

[felix60] 02/6/2016 11:58

Fingers crossed

[turbotrader2] 31/5/2016 13:24

This will come good IMHO

[m1sak] 28/5/2016 15:00

Jamie 414, I have registered and will be there on the 13th.

RoyalAlbert, yes I am the one on the other site. Kibo is in a tricky situation and the optimistic rampers over there find it hard to come to terms with what is really happening. More the fool them. They all purport to doing research when in fact they know zilch.

I am quite heavily invested here and having talked to Investor relations and others over the last four years, I have built up a mental picture of what we are trying to achieve and it is not easy.

Sage, are you the same one who was in Kibo till death?

As turbotrader has stated, look at the amount of shares Michael Haworth owns here. The BOD have not been able to buy shares due to the almost continuous closed period, I sincerely hope they dip into their pockets and buy after the results which are due by the end of June if I remember rightly.

I have researched the board members here and they are all well connected, I do not think raising finance is going to be a problem for them or for SEP.

[turbotrader2] 28/5/2016 10:50

I think you will find they have look at the register

[the_sage1] 28/5/2016 10:45

Biggest risk here is the Chinese actually coming up with cash. No-one here can honestly suggest they are totally confident in this respect.

Kibo were hoping to get as little as $3m from SEPCO but they never even delivered this paltry sum and the company had to resort to a Wonga loan to forward the project.

The share prices of all the coal to power outfits have never truly matched the costs involved with the projects, in other words the projects are all cash negative to shareholders and continue to drain more and more shareholder cash.

Funding is a major risk, these projects need $600m-$800m some AIM listed companies are finding it hard to raise just $10m.

Interesting that the directors of Kibo, Edenville and Ncondezi have no really significant stock positions in their respective companies. What does that tell you?

[turbotrader2] 28/5/2016 09:24

My opinion is based on the lack of free float and just how LITTLE it takes to move thisInvestors will speculate rightly or wrongly in the anticipation of good news

[jamie414] 27/5/2016 23:04

They can have the 10% from the SEP deal for me if and when it's all signed. I'm hoping to make the 13th June :)

[royalalbert] 27/5/2016 22:24

M1SAK assume you are the same person on the other site, (that will not be mentioned), the article is pretty good reading between the lines for us do you not think?

[m1sak] 27/5/2016 20:46

MAB-Check the reputations and credentials of our board. Most other directors would have diluted us down to billions of shares by now.
Currently, no other coal to power company has delivered and the jury is out whether any one of them will.
African Finance Corporation joined us in 2014 and took a 24% stake, the company is 60% held by five groups. It does not take much buying pressure to push up the share price here, hopefully our larger investors will see this through and we will retain our higher levels.

If SEP do not sign, we have alternatives on the table, the BOD have not come this far to give up at this stage.

[turbotrader2] 27/5/2016 20:35

It's called my opinion like you have yours

[mohammedalibusiness] 27/5/2016 19:53

Turbo - they are paying themselves at least 10% of the SEP money straight into their pockets... not sure that is something I am entirely comfortable with for a company that hasn't achieved anything yet...And why do you predicted over 100% rise in the next 2 weeks?

[turbotrader2] 27/5/2016 19:25

Completely agree!These guys deserve a medal and an equal return It's clear they will achieve both IMHO Bet this is 8p plus by the show

[m1sak] 27/5/2016 19:09

I will mention it, but I think the alternative, borrowing money in this climate, would have been far more painful for us shareholders.

As long as they buy shares in the open market after the results, I can live with it.