Ncondezi Energy Share Discussion Threads

[cl0ckw0rk0range] 26/6/2018 07:08

Rather than not so subtle jibes and taunts and ultimately avoiding the question why not just answer it? Or as I suspect - you cannot.

[lurker5] 25/6/2018 22:03

If you term 'wading through' something you quite obviously can't understand, it confirms how 'thick as mud' your brain must be.

[cl0ckw0rk0range] 25/6/2018 20:42

Lurker - again I find myself wading through posts of your's to find the answer to a question gone unanswered - how much do you "predict" on very limited info this is worth?

[lurker5] 25/6/2018 17:03

Sensible analysts know when not to make a precise prediction. We know the order of magnitude - maybe +/- 30% (That's the accuracy of a typical feasibility study anyway) . But there are still lots of unknowns. We have a feasibility study from some years back. But it was for the power station only, before they decided to go for an 'integrated' project. That might make a big difference.

[terranadonjohnson] 24/6/2018 20:17

escapetohome

You say that he need not put his scrotal on the line and then go onto ask for a balls park figure... :D

[cl0ckw0rk0range] 24/6/2018 12:40

Lurker I have read the previous posts that you allude to, and I am also well aware that not all the numbers are available for a specific valuation, but I am asking what you value this using the information that's currently at hand?

[escapetohome] 24/6/2018 11:58

I Dont think lurker “ would be putting scrotal on line” .

Just best ball park figure , given judgement and based on incomplete info known.

Any input would be welcome, and could be modified when more concrete facts are known.

[terranadonjohnson] 24/6/2018 11:34

Thanks for the respondez vous Lurker. Whilst helpful, you still haven't put your scrotal on the line. Come on. We're all interested in your estimates for NCCL as we know you gots the knowledge - so please share :-))

[martin collins] 24/6/2018 10:02

Anybody tried LSE today? not showing my watchlist, is it just my old laptop or is it still a sick site? regards.

[lurker5] 24/6/2018 09:56

For Clock and TD. You don't need to lurk behind closed doors or snaffle inside info to get to my price predictions. Anyone can look up the mechanics of these schemes - involving SPV's (special purpose vehicles completely financially and legally separate from the 'owner' or 'sponsor') set up to build, own, and operate the project, into which the partners (GE/CMEC) and sponsors (NCCL) inject funds and who share the profits in proportion. (Look up project financing and SPVs and any mining research where the principles are the same) There has been loads of info in NCCL, Kibo, EDL, RNS's giving all the figures needed (NPV's ,IRR's)to work out the approximate net profits flowing through to the Tete partners and the funding (equity share of the capex)they will have to supply. Anyone understanding NPVs and IRR's will tell you these projects need real cash up front (unless leasing is used but is always more expensive for shareholders) so there can be no such thing as a 'free carry' (eg for NCCL)for these low margin non-exploration projects so that , whereas NCCL's past spending (we have an order of cost from past negs wih SEPCO) will be a genuine contribution to the whole project cost, it will have to pay for any more in cash raised through share issues at a price that can be estimated to give investors reurn they'll expect. Putting all that together allows the estimates I've hinted at (and which some on these boards have been able to get to) But we still need up to date info on some key aspects of NCCL's schemes which is why no-one can be exact. But we can be approximate enough to know that, for instance, the Kibo clappies will never see a 25p party, let alone the £1 party some of the innumerates over there are planning. If you want to know how much better NCCL might be, I suggest you read all my past posts.

[druidinvestor] 23/6/2018 19:51

There will either be a JDA or there won't be a JDA. That's as much detail as he usually commits to.

[terranadonjohnson] 23/6/2018 19:36

Come on Lurker , put your scrotal on the line an give uz a prediction for the jda

[cl0ckw0rk0range] 23/6/2018 16:22

Actually have just noticed that you have spent the day arguing the toss on the KIBO LSE board so obviously though you would be the world to rights by putting your two penneth in here - end of the day you don't know what is being discussed behind closed doors as much as the next man and until the JDA and supporting documents are in the public domain you cannot state factually X Y or Z, just offer an opinion or view, so please stop misrepresenting opinion as fact lest you be tarred with the same brush you gloss over others.

[splatted] 23/6/2018 09:14

Lse is back up but dont bother. Its still screwed

[terranadonjohnson] 23/6/2018 09:11

First he says we don't own anything when we clearly do

Then he changes approach saying there's no value when there clearly is.

Now he's putting words in people's mouths.

[yogaboy] 23/6/2018 09:07

Hi lurker"They are NOT investing in NCCL. "At no point have I said anything that suggests or implies that they are.

[terranadonjohnson] 23/6/2018 09:07

GE are taking very seriously their strategy to invest in power projects around the world. It's a critical part of their turnaround after a number of years struggling.

[terranadonjohnson] 23/6/2018 09:00

Agreed Yoga

There is value in the project. Always was. Just a question of how much when the moment arises. We will get to find out when the jda is signed. But before then, there are some vital bits of news as well.

[lurker5] 23/6/2018 08:36

Yoga - They are negotiating to supply equipment for the power station. Investing in a power station building project is a way to protect their interests as suppliers (and as operators). Especially, as their equity investment will be about the same as the value of the equipment they'll be supplying. They are NOT investing in NCCL. They are investing in the Tete 'Project'. When the project closes in 25 years they will have no connection whatsoever with NCCL or its coal mine. There are around 100 ctp stations planned or building worldwide at present. Why on earth would GE sink its shrunken shareholders funds into buying a coal mine ? in - as you say - a potty little power station in a dodgy country - very small in the scale of things.

[splatted] 23/6/2018 08:35

All this of course assuming a deal gets done and is favourable

[splatted] 23/6/2018 08:33

25p will do me fine. Any more and i see it as gravy ( then might upgrade from audi R8 to getting on the list for a bugatti veyron ;-)))))

[terranadonjohnson] 23/6/2018 08:29

Splatted, it'll be more than 25p.

What we get back from GE and CMEC I'm money will be worth more than that and there's our remaining stake.