Ncondezi Energy Share Discussion Threads

[123js] 06/6/2017 13:26

Ha...given the time it takes for any kind of negotiations / approvals with these guys I'd suggest the message will arrive about the same time as Santa...

[123js] 05/6/2017 16:10

Ok - thanks

[cl0ckw0rk0range] 05/6/2017 12:31

I think it's the board moderator, that being the person who is the admin of the board. Going by that users posts on other boards I would suggest that the content was aggressive and / or experiment ridden hence moderated.

[123js] 05/6/2017 11:22

My question was really who is the moderator and how do they determine what to moderate?I've seen pretty aggressive postings with bad language go unmoderated...so was just trying to understand if it is 'market sensitive moderation' or 'moral moderation'...Or maybe just random number generator...

[cl0ckw0rk0range] 03/6/2017 12:18

Moderated - make or become less extreme, intense, rigorous, or violent.

[123js] 02/6/2017 18:58

What does moderated mean? Bad/offensive language?

[cl0ckw0rk0range] 31/5/2017 19:35

Lagunab"Do you actually spend all day posting & replying to oneself - then critiquing anyone who ebbs the flow? A trifle bizarre..."I don't know who you think I am but you can find me on twitter Stu_off_of_pont.Please clarify. TTFN.

[guitars4stars] 31/5/2017 18:05

Clock...Do you actually spend all day posting & replying to oneself - then critiquing anyone who ebbs the flow? A trifle bizarre...

[cl0ckw0rk0range] 30/5/2017 12:52

https://www.voxmarkets.co.uk/activity/71716?source=appHybridan posted a squawk about NCCL12:0930 MayNcondezi Energy: No longer just Shanghai or BustNcondezi 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.

[novicetrade68] 30/5/2017 11:53

Any decent size now and it's full ask at 2.25p.

[cl0ckw0rk0range] 30/5/2017 10:15

All still to play for here, funded now whilst they are reviewing tenders from new strategic partners that were previously unable to be considered due to exclusivity arrangement with SEP. But then SEP could decide to pull their finger out and deliver - can't imagine it will do their relationship with Mozambique much good if they don't after they agreed to build the power station in their promo video...

[123js] 30/5/2017 09:35

I think a touch of delusion is required with NCCL!I'm a little surprised at it holding around 2p...there seems to be some shared hope all is not lost...at least for now...Don't stop believing...

[m1sak] 27/5/2017 19:18

Guitar4Stars,I am not deluded at all, in fact very encouraged by the developments. We are still attracting interest in our project which is the furthest advanced in Africa at the moment.
Kibo have no mining licence, no bankable PPA and a couple of agreements with equipment suppliers. The beloved LC has never dipped his hands in his pockets yet.
Wonder if he ever will?
Maybe it was only Chinese Bureaucracy, if it was, Kibo may find themselves in the same position.
What say you?

[novicetrade68] 27/5/2017 16:56

Ha ha, yes and Stella will do fine as the share price continues to disappoint

[cl0ckw0rk0range] 27/5/2017 16:33

A lager shareholder? Stella Artois? Well if you can't smile :)

[novicetrade68] 27/5/2017 15:05

One positive is that Michael Haworth and a lager shareholder (who ever that may be) still seem prepared to back this with their own money, which does show - I think - that they don't want to unnecessary dilute their holdings. May be SEP was banking the company had to go cap in hand to the City once funds ran out. It will be interesting now what will happen...if SEP does want to re-engage we're probably the last ones to find out however!

[novicetrade68] 27/5/2017 14:22

Let me add that since stranger things have happened, it would of course be a very pleasant surprise if SEP re-engages and coughs up some development funds without delay.

[novicetrade68] 27/5/2017 13:37

I don't see why a SEP re-engagement with NCCL would be seen as loss of face for them, since they have already lost face!? They didn't honour their commitment to sign the $3m mini JDA in March.

I would argue, that in case they step up & re-engage extremely soon it would show they still are a reliable partner committed to the project, but occasionally hampered by their own bureaucracy.

But personally I don't think we'll be hearing from SEP ever again and it's a pity the company can't sue them for timewasting.

[cl0ckw0rk0range] 27/5/2017 08:52

NCCL have suspended negotiations with SEP and drawn a line in the sand. If SEP come back to the table with the cash then fine, otherwise and as per the RNS this has now been opened up to several parties that had already shown interest.The lions share of the project work is already done, they just need to select a new partner with the correct economics to make it work for both parties.I would imagine the data room has already been opened to these parties.SEP was the best deal at the time but it was not the only one considered...

[escapetohome] 27/5/2017 07:13

This is a share ive done well on , buy low sell high, low appears to be now , but also bust might be an option.

[escapetohome] 27/5/2017 07:12

M1sak has been right before and appears to have a contact in the company, so whats the story here?