Ncondezi Energy Share Discussion Threads

[cl0ckw0rk0range] 31/5/2019 10:41

Mike this is a coal power plant in Mozambique not in America or China you don't seem to be able to get your head around the difference between developed and developing countries.

[cl0ckw0rk0range] 31/5/2019 10:40

They said nothing? China Machinery Engineering Corporation Vice President, Fang Yanshui, commented:"CMEC is looking forward to realising the JDA soon and believes that together with GE and Ncondezi there is strong confidence to deliver the high-efficiency and advanced Ncondezi integrated power plant and mine to bring reliable power supply to the Mozambique power market."General Electric Power regional executive sub-Sahara Africa, George Njenga, commented:"We look forward to concluding the JDA, the next major development milestones as the Ncondezi project will be an important addition to the Mozambique's energy mix, adding much needed capacity that will further enhance regional energy security."

[mike2909] 31/5/2019 10:13

Clockwork, I really do think the selling today is more than fearful individuals on these boards. I really hope I am wrong, but this is not looking good. Simply can’t ignore the USA-China spat along with the negativity surrounding coal, prices down 26% this year.

[jonathansidwell] 31/5/2019 10:08

Clockwork you need to be on stand by today as I can see this sub 6p soon

[cl0ckw0rk0range] 31/5/2019 10:02

Well nothings changed has it? Some people are acting like it has, or seem to be listening to the derampers on LSE and twitter playing into their fears. It's hard work at the business end and I feel sorry for those that have held so long and been shaken out by these individuals.

[123js] 31/5/2019 10:00

A month later the words don't carry the same weight!

[cl0ckw0rk0range] 31/5/2019 06:40

China Machinery Engineering Corporation Vice President, Fang Yanshui, commented:"CMEC is looking forward to realising the JDA soon and believes that together with GE and Ncondezi there is strong confidence to deliver the high-efficiency and advanced Ncondezi integrated power plant and mine to bring reliable power supply to the Mozambique power market."General Electric Power regional executive sub-Sahara Africa, George Njenga, commented:"We look forward to concluding the JDA, the next major development milestones as the Ncondezi project will be an important addition to the Mozambique's energy mix, adding much needed capacity that will further enhance regional energy security."

[cl0ckw0rk0range] 30/5/2019 21:12

Indeed, these things take time especially when it's in the hands of lawyers - the company asked for patience and I am inclined to give them that. At this juncture no news is good news until the JDA confirmed.

[richyf3] 30/5/2019 15:54

Added on the drop , confident in the management to get this deal done. We've been told just to be patient

[cl0ckw0rk0range] 30/5/2019 14:58

You sure have a funny way of showing it.

[glasswala] 30/5/2019 14:11

My only agenda is to make money and get out with a handsome profit. Which i presume is also yours Clock!

[cl0ckw0rk0range] 30/5/2019 13:12

There certainly do appear to be people on this board with an agenda and I would count you as one.The company can give guidance but lawyer on a deal of this size will take their pound of flesh and make sure that all the documents are in order. These things take time to finalise.

[pre] 30/5/2019 12:35

you certainly wont be able to buy at current price when the news lands imo....must be getting ready to announce...100k etc big buys appearing, including 10p conversions rns...

[tonytony4] 30/5/2019 07:39

Surely it must be getting close to finalizing the JDA! Come on Hanno!

[cl0ckw0rk0range] 30/5/2019 07:37

No correction relating to that so refer to previous RNS asking for patience during these "closing stages"...

[123js] 30/5/2019 07:19

Swines...I thought the correction may have relate to their guidance on JDA timing...

[123js] 28/5/2019 15:07

Great we have the strength to hold at this level...vote of confidence...

[richyf3] 24/5/2019 14:19

On the move folks break the 7.1p range and its away

[cl0ckw0rk0range] 24/5/2019 09:30

*debacleAnd no, it's not.

[cl0ckw0rk0range] 24/5/2019 09:29

Sauce. Source? And tommorow the market isn't open. I think it's in jest.

[jonathansidwell] 24/5/2019 09:23

There have been numerous lies on Twitter and this one is a lieThere is no Rns tomorrow This China USA debarcle is why it's not being signed