Ncondezi Energy Share Discussion Threads

[glasswala] 19/2/2019 11:43

Clock - This is a salary - I don't care how you dress it up!!!

See Below!!!

Extract from Interim results RNS dated 28/9/2018

On 25 May 2018, as part of the Company's management incentive scheme, the Company granted share options in respect of 22,897,522 shares in the Company to its directors, executive senior management team and contracted personnel representing 8.2% of the issued share capital of the Company.

The Company's Remuneration Committee agreed to these grants of new options to further align the senior management team and contracted personnel with the Company's key deliverables over the next 12 to 18 months. These include the signing of binding documents with a new strategic partner, first draw down of capital into the Power Project from a new strategic partner, restructuring or settling of the Company's Shareholder Loan, reaching an agreed form Power Purchase Agreement ("PPA") and Power Concession Agreement ("PCA"), and achieving FC for the Power Project.

In addition, a number of options were granted in lieu of deferred remuneration to directors, senior management, ex-employees and consultants. The last options grant was made by the Company in January 2014.

Of the options granted, 61% are performance related and linked to delivery of specific milestones, 17% are in lieu of director remuneration and the balance of 22% is in lieu of deferred payments to senior management, ex-employees and consultants. In addition, 5,100,000 of the options will be satisfied through the Employee Benefit Trust, and are non-dilutive to existing shareholders.

[kingkongtimmo] 18/2/2019 15:32

Delayed 500k at buy price from midday says to me it was a correct assumption

[goodbloke1] 18/2/2019 14:56

How can you tell they are filling an order from the book?

[yogaboy] 18/2/2019 14:52

You must be right clock...

[cl0ckw0rk0range] 18/2/2019 12:56

Take a look at the book they are filling an order.

[assagai] 18/2/2019 12:53

Yes true but looks mainly sells?

[kingkongtimmo] 18/2/2019 12:32

Volume boost again today

[kingkongtimmo] 15/2/2019 16:53

Youve got a terrible mouth David, no one will believe your lies talking like that

[cl0ckw0rk0range] 15/2/2019 15:37

But David, if you are short, do the right thing chum, just some friendly advice.

[cl0ckw0rk0range] 15/2/2019 15:36

Did you even read the RNS? No you likely didn't, nor would you realise why there isn't going to be a need for a placing here. Nice try.Now run along back to KIBO i see you have been very busy over there.

[davidpines] 15/2/2019 14:57

Look like nccl started telling the truth and this rns usually spells placing to me sniff sniffPlacing so today's rns justifies it

[davidpines] 15/2/2019 14:56

KingkongtimmoShut your mouth you bafoon

[kingkongtimmo] 15/2/2019 13:52

End game fast approaching now, looks like house cleaning to me

[cl0ckw0rk0range] 15/2/2019 13:03

Clearly someone didn't read that RNS properly....

[devonlad] 15/2/2019 13:00

Gotta love AIM shares!!!

[cl0ckw0rk0range] 12/2/2019 20:55

#NCCL tweeting today Good news for Moz's EDM. Eskom has taken cross boarder market share away from EDM over the last 2 yrs with cheap power as SA demand stalled. EDM can increasingly compete on reliability and security and the increased demand is good for #NCCL

[yogaboy] 11/2/2019 14:50

Yes indeed we should trust the process. The process is clear and has been described many times.

The problem, and the reason for the share price drift, is the number of repeated attempts by the company to predict the timetable by which the process will come to fruition. Each time a prediction fails to come true, the market trusts the next prediction a little less.

But the process itself is sound.

[escapetohome] 11/2/2019 12:37

Down again?

I thought this was going to the stars by now.

Should we really TRUST THE PROCESS?

[cl0ckw0rk0range] 11/2/2019 09:05

Ramping exercise? We are waiting for the next update from the company due this month, if it's an agreed time table which opens the door for the JDA then it will certainly increase the share price from 5p. How is a target share price of anything higher than that ramping exactly?

[escapetohome] 11/2/2019 08:56

10 p, 12p,

We are struggling at 5p!!

A bit of a ramping exercise i think.