Ncondezi Energy Share Discussion Threads

[kingkongtimmo] 03/5/2018 11:55

Just out of curiosity Jimmy, what stocks are you invested in?

[kingkongtimmo] 03/5/2018 11:54

It's hardly a ramp fest jimmy. Based on TA and fundamentals, backed by two absolute juggernauts GE and CMEC. I'm happy to add at these levels.

[jimmyhoffa262] 03/5/2018 11:44

Poor sod who got impaled just under 10p because of the ramp fest based on nothing.......

[splatted] 03/5/2018 11:42

This aint kibo. Backed the wrong horse buddy

[daddy warbucks] 03/5/2018 10:24

We have been saying that for years in Kibo. Lol! Hopefully your government will pull their finger out a lot quicker than Tanzania.again best wishes.

[cl0ckw0rk0range] 03/5/2018 10:22

There are risks with anything to be considered, but there is significant upside here potentially and the risk v reward is incredibly compelling. Best.

[daddy warbucks] 03/5/2018 10:18

I sincerely hope you do well. I have no axe to grind. We are all in these markets to try and make money. It is hard enough at the best of times without people buying in on hype.I do think NCCL has good prospects, but there are also risks that people should know about. Good luck.

[beetroot juice] 03/5/2018 10:17

Todays RNS was not about keeping the share price stoked, rather about informing the market a SIZEABLE Milestone was met, and moved past. The Project is one step closer to completion.
GE and CMECs EPC and O&M Bids/proposals have been examined tweaked and Agreed, tariffs sorted. next Step Off to meet the Government who are onboard already, get finalised Tariffs sorted. Then get the Pens out and INK the JDA.

OHH

You mean NCCL will own then 40% of a Billion Dollar project that will more than likely be funded in totality by Ge and CMEC? Or do you mean GE and CMEC might just say £200 Million we take the whole 100% NCCL.

Looks Great from where im Standing Daddy and JIMMY.

[kingkongtimmo] 03/5/2018 10:13

Gap closes and retest of the breakout. Forgetting the fundamentals and focussing on the TA for a second, it looks fantastic

[cl0ckw0rk0range] 03/5/2018 10:10

Subtle deramping there "Daddy" I applaud your convenient timing.You obviously didn't read the RNS properly. Tweaked bids are in and awaiting gov approval. End game.Excellent update from #NCCL today. Further reinforcement that the bids are in from #GE and #CMEC. Now been reviewed and updated financial tarrifs ready for approval from the government. (who want this project!!!)Once formalities done and signed next month the JDA WILL BE SIGNED

[beetroot juice] 03/5/2018 09:58

So Ive taken no profit and i hold A LOT of these. Will stay put till end of July... Jimmy see you at 30-50p then..

[beetroot juice] 03/5/2018 09:56

Im still here but no reason to post the company is doing its own talking. Nothing here that looks or is problematic.

Poster like Jimmy hoffa are clueless. NCCL IMo will deliver us a JDA and the share price WILL be 30p plus.

Post then Jimmy..

[daddy warbucks] 03/5/2018 09:50

I have a lot of respect for you clock as you have been here a long time and know the company better than most, but even you were getting caught up in the hype created by others, who all of a sudden have gone quiet. Have they taken their profit and run.People are investing here on that hype and as Jimmyhof has said will get caught on the spike, because they are only being given one side of the story. The directors are owed about $5 million which is due to be repaid in September this year. The company has already said they have cash to last to August, so unless those loans are converted to shares or as is probable, they extend the loans, then a sizeable placing is required.Today's rns wasn't really needed except to keep the fire stoked under the share price. That indicates to me and also makes perfect sense, that a placing is being done/arranged.I am hoping this project is a is a big success for all holders, but there is still a lot of work to be done. I don't want to see people getting caught up without knowing the risks.

[daddy warbucks] 03/5/2018 09:01

RNS Number : 6595PNcondezi Energy Limited04 September 2017News ReleaseShareholder Loan Extension4 September 2017: Ncondezi Energy Limited ("Ncondezi" or the "Company") (AIM: NCCL) announces that a formal agreement to extend the Shareholder Loan repayment date has been entered in to.Following the announcement on 25 August 2017, the Company has been able to agree an amendment to the repayment terms of the Shareholder Loan, with repayment now due on 2 September 2018. This provides the Company with time to conclude the new partner search process, better develop loan repayment options and raise additional working capital by the end of September 2017.All other terms of the Shareholder Loan remain unchanged, including the loan return multiples, which remain fixed and generate no additional cost to the Company. The Shareholder Loan includes the Shareholder Loan referred to in the announcement of 11 May 2017 and the New Loan and Employee Shareholder Loan announced on 23 June 2017.Related Party TransactionThe extension of the Shareholder Loan (the "Transaction") constitutes a related party transaction for the purposes of the AIM Rules for Companies. Accordingly Jacek Glowacki, being the Company's Independent Director in relation to the Transaction considers, having consulted with Liberum, the Company's Nominated Adviser, that the terms of the Transaction are fair and reasonable insofar as its shareholders are concerned.Enquiries

[cl0ckw0rk0range] 03/5/2018 08:50

Jimmy you make me laugh. Another milestone met and they are hoping to get this all done by the end of the month. Not too late to buy in son.

[ramellous] 03/5/2018 08:36

Unable to buy either...

[jimmyhoffa262] 03/5/2018 08:34

People now unable to sell

[jimmyhoffa262] 03/5/2018 08:31

Not long before Red

[jimmyhoffa262] 03/5/2018 08:27

Down we go

[coconocchio] 03/5/2018 08:26

Just look at their buy calls on a co called Minoan. Says all you need to know about Align

[cl0ckw0rk0range] 03/5/2018 08:24

Zac Mir and Align Research outfit are probably short on it oh dear.

[coconocchio] 03/5/2018 08:20

Jimmy pal if you take note of those clowns Align that you can't have been in the game long. I made similar mistakes when I was a noob, so don't let it get to you. It'll come with time I'm sure