Ncondezi Energy Share Discussion Threads

[tonytony4] 26/6/2019 11:46

Come on Hanno update cannot be far now!! Grid X news due also !!!

[yogaboy] 25/6/2019 12:34

One thing is for sure... it has not gone away. As of now, the deal is still on - at least that is what I remind myself every day.

[cl0ckw0rk0range] 25/6/2019 12:02

The time it's taking should be a clue as to what it is taking the time.

[tonytony4] 25/6/2019 09:32

It may be worth contacting the company to express your concerns. Indeed it is test of patience but we are are after all shareholders.

[cl0ckw0rk0range] 23/6/2019 09:58

https://t.co/IkZzRbFFYlMozambique secures $420 million grants for energy transmission upgrades #NCCL

[cl0ckw0rk0range] 21/6/2019 14:07

Someones hoovered all the loose stock today with those two 250k buys

[kingkongtimmo] 21/6/2019 13:41

Higher highs, higher lows etc etc etc. Im sure this has been said 1000x but if there was any sort of material delay liberum would have forced an RNS

[cl0ckw0rk0range] 21/6/2019 11:21

Savvy buying of the dip

[tonytony4] 21/6/2019 09:37

Try not to spam every message board!

[tidy 2] 21/6/2019 09:22

Gold producers are what you need in the PF now peeps. Smallest cap gold producer out there is 24m AAU. Off the radar.

[mike2909] 21/6/2019 09:12

An update would be appreciated, 2 months next week since the ‘at any moment’ comment!

[cl0ckw0rk0range] 21/6/2019 07:43

Back costs and dev premium should deliver 50-60m dollars in back costs. That then leaves us to find $60m to fund our $120m subscription for 40% of the project. The good news is the project is expected to deliver $130m EBITDA and 40% of that would be c$52m attributable to Ncondezi. Pay back one year if we borrow $60m. $52m ebitda value has to be in region of $500m or £300m valuation for us shareholders. Again a word of caution per opening paragraph. We need to see the shape of the deal. If the back costs and premium combined are in the $50m bracket then we're in clover and that's where I see the £1 value. Discount it back for good measure by 50% and 50p doesn't seam unreasonable

[tonytony4] 20/6/2019 21:05

Come on Hanno more people need power!



Maputo — Mozambican President Filipe Nyusi on Thursday met in Maputo with his Zimbabwean counterpart, Emmerson Mnangagwa, who is attending the Africa-United States Business Summit in the Mozambican capital.

Speaking to reporters afterwards, Mnangagwa made it clear that the main purpose of the meeting was to request more electricity from Mozambique.

Currently Zimbabwe imports 50 megawatts from the Cahora Bassa dam on the Zambezi river in the western Mozambican province of Tete. Mnangagwa wanted more because of the critical shortage of power in Zimbabwe.

Zimbabwe has suffered a severe drought, which has reduced the level of water in the reservoir behind the Kariba dam, thus cutting the dam's capacity to generate power.

The water level at Kariba lake has fallen to about 33 per cent of its capacity, putting severe constraints on the amount of power the dam can generate. But Mnangagwa noted that the Cahora Bassa lake "is about 95 per cent full, and so the generation of electricity has not been affected".

He said he and Nyusi discussed how Zimbabwe could have access to more Cahora Bassa power.

If all five turbines at Cahora Bassa are operating, the dam can produce a maximum of 2,075 megawatts. But much of this is sold to the South African electricity company, Eskom, under a long term contract, and to Mozambique's own electricity distribution company, EDM.



Nyusi and Mnangagwa also discussed the Mozambican projects for the production of liquefied natural gas (LNG), following the Final Investment Decision signed by the consortium headed by the American company Anadarko on Wednesday. At 25 billion US dollars this is the largest investment ever in Mozambique.

Mnangagwa expressed his satisfaction and was sure that the LNG projects would also benefit Zimbabwe. "This is the vision we have", he said. "And we are happy that in all areas concerning the development, modernisation and industrialisation of our countries, we find common points to consolidate our relations".

Zimbabwe's economy is certainly in a desperate situation. A source in Harare contacted by AIM on Thursday said that power cuts in the Zimbabwean capital are now running at 18 hours a day.

Not only is Kariba unable to produce sufficient power, but the giant Hwange coal-fired power station is also operating well below capacity. The low level of water in the Kariba lake means the dam is only generating 358 megawatts, compare to a normal capacity of 1,050 megawatts.

There are six units at Hwange, but only three are operating. Earlier this month there was only enough coal at Hwange to keep the power station running for another 20 days.

[cl0ckw0rk0range] 20/6/2019 09:50

Looks good on the technicals

[bearbulls] 19/6/2019 09:31

rns wednesday or thursday after the summit ?

[yogaboy] 19/6/2019 08:42

Excellent back-of-an-envelope valuation clock. Plus the potential for a significant over spike when the news breaks.All we need now is....

[cl0ckw0rk0range] 19/6/2019 08:30

Back costs and dev premium should deliver 50-60m dollars in back costs. That then leaves us to find $60m to fund our $120m subscription for 40% of the project. The good news is the project is expected to deliver $130m EBITDA and 40% of that would be c$52m attributable to Ncondezi. Pay back one year if we borrow $60m. $52m ebitda value has to be in region of $500m or £300m valuation for us shareholders. Again a word of caution per opening paragraph. We need to see the shape of the deal. If the back costs and premium combined are in the $50m bracket then we're in clover and that's where I see the £1 value. Discount it back for good measure by 50% and 50p doesn't seam unreasonable

[cl0ckw0rk0range] 19/6/2019 07:37

https://clubofmozambique.com/news/mozambique-hosts-us-africa-business-summit-for-the-first-time-134554/

[imjustdandy] 18/6/2019 21:12

Best coal to power play ever to have listed on Aim. World class asset , World class project, World class partners. A few more days and we should have a World class share price.

[cl0ckw0rk0range] 18/6/2019 20:33

Would make sense

[kingkongtimmo] 18/6/2019 19:20

I'd be surprised if we didn't here something in the days post summit

[cl0ckw0rk0range] 18/6/2019 18:29

Buying into close - literally