Ncondezi Energy Share Discussion Threads

[guyswonga74] 16/3/2019 09:04

Surely share price will be sitting 12/13p by the time of the JDA. As someone said it was very hard to buy in bulk last few days

[kingkongtimmo] 16/3/2019 08:03

Guyswonga I think resistance points are important in liquid shares that are fcf plays or have had a bump in production for example. But Nccl is an illquid stock with one huge catalyst that all signs are pointing to being on. If H pulls it off, I'm expecting it to be suspended and reopened 200% higher. They won't have the shares to operate a market

[kingkongtimmo] 16/3/2019 07:54

Our largest shareholder adding at 5 month highs and this close to the jda deadline. Id say thats a bullish signal, finish line is tearing into view chaps

[guyswonga74] 15/3/2019 17:52

What’s the next resistance point

[assagai] 15/3/2019 17:39

Scot Fletcher still adding i see.

[terranadonjohnson] 15/3/2019 17:00

great to finish clear of 7p.

8p to go by Tuesday at the latest next week.

[guyswonga74] 15/3/2019 16:56

Nice end to the week. Lots of buys on NEX

[yogaboy] 15/3/2019 16:22

Something for the weekend, Sir?;)

[kingkongtimmo] 15/3/2019 15:25

What an excellent week and all anticipation too. Next week is the week here imo for a real move.

[kingkongtimmo] 15/3/2019 14:36

I can see the finish line...

[lurker5] 15/3/2019 14:17

Yes - the world is strange Mr Clock. That person is one of the few in the stockmarket to 'out' rubbish when he sees it. There are so few because there's no money in it. Brokers and their henchmen, the PR platforms and podcasters, feed off selling rubbish to the unwary. eg There's no 'sell' button on that other chat site, only a 'buy'. One could go on.

[terranadonjohnson] 15/3/2019 13:50

this is what do especially on AIM, speculate.

from numbers banded about elsewhere, some of the few project quantities in the public domain, are that annual revenue could be as high as $300million and taxes and royaties close to $1.5billion over 25 years

then factor our back costs and premmium and that we should be holding on to 40%, with our end of the debt potentially raised with the likes of Africa Finance Corporation. whether we have to reinvest some of our money does not detract from the value we migth be able attribute to nccl.

stand by that number of 25p. may take some volatility to get there, but $62million market cap is not crazy, all things taken into accoutn.

[yogaboy] 15/3/2019 12:38

Hi lurkerThanks for putting so much time into your reply. It looks like you're as much in the dark as the rest of us.

[cl0ckw0rk0range] 15/3/2019 12:08

Can see this smashing 8p today

[goodbloke1] 15/3/2019 10:50

I doubt 15p before jda but you never know!

[yogaboy] 15/3/2019 08:08

15p before the news drops would be a great platform, indeed springboard, for the announcement.

[cl0ckw0rk0range] 15/3/2019 07:49

I would like to see the share price up closer to 15p before JDA and then dependent on content 20p upwards realistically. GE and CMEC taking 30% each of the project and NCCL has the remainder.

[yogaboy] 14/3/2019 21:33

I guess that 25p will be after the dust settles. There could be a proper spike on the morning of the JDA RNS as the market wakes up to the deal.

[terranadonjohnson] 14/3/2019 21:24

think a ballpark fgure of $50million is good start (combining both historic costs and premium). see that as the minimum. and, yes, have to then acknowledge we own 40% of the project. someone said somewhile back that retaining 40% post jda was worth a 50p npv, all in. not sure who said it, was on one of the boards.

will be whole lot easier to value nccl if we sell anythgn additional on top of the 60% we're giving away (ie. 30% to GE n 30% to CMEC). that provides a more real up-to-date value for the whole project, from which we can derive the value for nccl (adding to it whatever historc costs and premium monies returned to us). no one can know what's coming, but keeping 40% and getting back $50million must get uz close to share price of 25p ---- 25p is market capitlaisation of £62million -- even at the lower end of possible estimates for monies returnd to us, say $40million, that $40million plus 40% stake (of a derisked project with GE and CMEC on board) compared to market cap of £62million.

looked at that way, 25p seems reasonable to me.

[kingkongtimmo] 14/3/2019 09:52

10p is achievable without news, just like last summer. What target when they get the JDA signed clock?

[cl0ckw0rk0range] 14/3/2019 09:41

Targeting 10p first stop