Ncondezi Energy Share Discussion Threads

[tidy 2] 01/10/2017 13:58

Careful guys Twitter is pumping this andNcondezi Seeks Equity Raise As Dwindling Cash To Run Out Within Weeks (sept 29th)

[cl0ckw0rk0range] 30/9/2017 12:01

Excited Dandy? I am I know. Several partners and narrowed down to whom? Competitive bidding says cash down payment IMO..

[imjustdandy] 30/9/2017 07:47

The Company currently has adequate cash resources until mid-October 2017, and the Directors are actively exploring a number of funding and working capital solutions beyond this period. A number of financing proposals have been received and are currently under review. The Company is working towards finalising a funding solution during the early part of October 2017 alongside further progress on the new partner process.

[imjustdandy] 29/9/2017 18:16

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.

[imjustdandy] 29/9/2017 18:16

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.

[m1sak] 29/9/2017 18:13

That should give you an erection over the weekend then.

But Kibo is down too...

I know that next week NCCL will rise and KIBO will be flat.

Just looking through some notes from earlier this year, Liberum posted this-

"Ncondezi is the most advanced junior coal-to-power developer on AIM. The company has set out a timeline to closure of a financing deal with strategic partner Shanghai Electric Power which, if successful, will unlock upside to its look-through value of $52m."

So if the new deal is very similar in structure, then we are looking at a share price of 15p.

[dudleym1975] 29/9/2017 17:43

M1sakHow is that the score Nccl is down 9.1% fella

[m1sak] 29/9/2017 16:29

And here are the half time scores...

NCCL 1 KIBO 0

[cl0ckw0rk0range] 29/9/2017 16:28

#NCCL MM shenanigans aside, technically it's no surprise we bounced strongly off recently crossed 200DMA. Note 50/200 EMA crossover due ?... @emergocharts

[cl0ckw0rk0range] 29/9/2017 16:25

What's is your problem? It's like you have a vendetta against NCCL? Did you lose money here or something? Either way does posting an LSE article headline really prove anything? Why don't you go back to trolling the KIBO board, please.

[dudleym1975] 29/9/2017 15:52

Ncondezi Seeks Equity Raise As Dwindling Cash To Run Out Within Weeks Not my words

[novicetrade68] 29/9/2017 10:33

How wonderful it would be if an entity like Eskom is our next prefered partner, I remember a Bloomberg article from over a year back where one of their senior persons mentioned they'd be very keen to step up power imports from Mozambique if it was available.

[cl0ckw0rk0range] 29/9/2017 10:21

#NCCL MMs played blinder since yesterday PM. No stock & RNS coming - manipulation started on 15 code. Feel sorry for those who sold cheap... @emergocharts

[cl0ckw0rk0range] 29/9/2017 10:20

News in a matter of days it looks as if the MM are pulling out all the tricks.

[nav_mike] 29/9/2017 09:17

Moving this all over the shop on not many published trades

Guess some big delayed ones to come through later

[imjustdandy] 29/9/2017 08:24

Roll out the partner who wants in on "similar terms to Sep"

[nav_mike] 29/9/2017 08:16

Certainly impressive that the herd haven't rushed for the exits...maybe people do actually understand this time what they've invested in.

[imjustdandy] 29/9/2017 08:12

Red to Blue in double quick time. Partner news much more significant than WC .

[cl0ckw0rk0range] 29/9/2017 08:12

MM dropping on low volume, it works both ways with such a small free float so you can just see what will happen on positive partner update and funding solution. Bullish update.

[kingkongtimmo] 29/9/2017 08:11

Tree shake this morning, some people shouldn't be allowed to invest. Giving their money away

[cl0ckw0rk0range] 29/9/2017 08:11

Dudley when did NCCL last do a placing? It was a premium placing with an institutional investor in 2015.Will you please grow up and go back to trolling you're own KIBO board which seems to be you're normal modus operandi.

[dudleym1975] 29/9/2017 08:02

Drip drip drip back down we goPeople were expecting better news so they have decided to dump this carcass

[cl0ckw0rk0range] 29/9/2017 07:58

Yes it's not too long to wait at all and sounds like the proposed deal is along the same lines as the SEP and only a small amount of working cap is required moving forward. Don't forget institutional investor AFC hold a significant amount of equity here also c23%