Ncondezi Energy Share Discussion Threads

[nav_mike] 17/10/2017 07:28

Certainly stretching the definition of early-October

[cl0ckw0rk0range] 16/10/2017 15:12

Price and moving averages has closed above its Short term moving average. Short term moving average is currently above mid-term; AND above long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BULLISH in short-term; and BULLISH in mid-long term.

[cl0ckw0rk0range] 14/10/2017 14:01

Good post from LSE Price: 6.13BGibbons 49 postsSumsSo this is how it might work. Project if $500m capex plus $50m transmission line. 75pc funded by debt, 25pc by equity. Partner will arrange debt (standard practice) and provide equity (say 60pc as per SEP). If we receive $35m at financial close as per SEP deal that puts us in a great position. Total equity required is 500m * 25pc = 125m. 60pc provided by partner (75m) meaning 50m to find in total (15m only if we retain same metrics -35m - as per SEP deal. Looking at this again we could actually be sitting there with 35m/125m (28pc!) of the equity without having to raise anything. We could just then sell the rest to AFC who fund projects like this for a living and take some cash off. 28pc of $80m equity cash flows a year for 25 years. $22.4m annuity stream a year with ability to scale up to 600-1800MW. P/e of 8 say - that's a market cap of £150m. Now that's why partner news so critical. Huge reward to the upside.

[cl0ckw0rk0range] 14/10/2017 09:00

#NCCL Ncondezi Energy Ltd forms bullish "Commodity Channel Index" chart pattern - chart update

[imjustdandy] 14/10/2017 06:42

A good time to remind us of the potential here. According to a well respected London based analyst he states that if Ncondezi can secure 10% of the JV it would be worth 10x our current shareprice. Yes 60p. However I believe shareholders would be devastated if our management team didn't secure more than 10% of the JV with any new partner!Based on the analyst note below a simple formula to revalue any new deal could be 60p for each 10% we secure in the JV based on his workings. I would like us to secure at least 30% which would value Ncondezi at £1.80. Even if you discount by 50% that's still 90p. But why would you discount by 50%? Just demonstrates the value in here. 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.

[nav_mike] 13/10/2017 18:13

Well we've avoided the 'going bust on a Friday night' RNS :)

Onwards and upwards!

[imjustdandy] 13/10/2017 16:13

Handy price rise.

[imjustdandy] 13/10/2017 15:58

Shandy for Dandy tonight . It's been a hard week

[cl0ckw0rk0range] 13/10/2017 15:17

Nice chunky delayed buys popping up.

[cl0ckw0rk0range] 13/10/2017 09:43

Especially given the date today!!

[nav_mike] 13/10/2017 09:13

I think on balance Id now prefer to wait for a Monday RNS

My experience of Friday announcements (particularly if they are late in the day) hasnt been good lol

[killman2] 12/10/2017 10:56

Hi, still in NCCL, believe this will be a gusher. Also a bit in UKOG, JOG now and PFC.

Have a look at Bitcoin - now above $5000 and still climbing - on its shirt-tail is Bitconnect which is offering great returns. hxxps://youtu.be/bXTT7wBbP2M

[cl0ckw0rk0range] 12/10/2017 10:38

Tick up and shaping up to be another good volume day into news.

[kingkongtimmo] 11/10/2017 15:41

Have added today

[cl0ckw0rk0range] 11/10/2017 11:46

Delaying printing even small buys now as well.... very thin.

[novicetrade68] 11/10/2017 11:22

Three buys as well where over 6p is being paid, so looks again very tight supply atm.

[kingkongtimmo] 11/10/2017 10:40

Looking very promising

[cl0ckw0rk0range] 10/10/2017 16:25

Really good volume today looks like paying premium into close...

[novicetrade68] 10/10/2017 16:21

Yes, looks like it... I see another 200k buy @ 5.75p and 150k at 5.80p just published - from an hour.ago

[cl0ckw0rk0range] 10/10/2017 15:56

Looks like someone is mopping up loose stock...

[m1sak] 10/10/2017 15:48

He has got any £££;, he`s lost a lot on KIPLOP with the rest of the goons.

3 days to go.

Ding Dong.

[novicetrade68] 10/10/2017 15:33

2 x 100k buys on ISDX hence the tick-up.

[jamie414] 10/10/2017 15:29

Still chance to buy in and make some £££ dudley!