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Ncondezi Enrg Share Chat (NCCL)



Share Price: 6.90Bid: 6.80Ask: 7.00Change: 0.00 (0.00%)No Movement on Ncondezi Enrg
Spread: 0.20Spread as %: 2.94%Open: 6.90High: 6.90Low: 6.90Yesterday’s Close: 6.90


Share Discussion for Ncondezi Enrg




View all NCCL Messages

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cal2105
Posts: 67
Opinion:No Opinion
Price:6.80
RE: Expectation.....
23 May '19
More than likely lawyers delaying than anything else. Even if all details are agreed once the lawyers get involved they will have weeks of back and forth on various clauses in the JDA. Nothing any of the parties can do other than wait for the various lawyers to find agreement to the clauses. It will come ... patience
 
marky5858
Posts: 6,374
Opinion:No Opinion
Price:6.80
RE: Expectation.....
23 May '19
Well, this is huge for all involved. I’d imagine it’ could only be on the the following - tariff, percentage retention, royalties etc. Finite detail at a guess, 4 parties involved in a huge deal over a 25 year term will throw a few final curve balls that’s for sure, the scale is monstrous.

It’s sit in your hands and wait time.
oldbadger
Posts: 755
Opinion:No Opinion
Price:6.80
RE: Expectation.....
23 May '19
You have to wonder who/what is causing the hold up.
The chairman's statement of " news any moment " has me thinking the problem doesn't lie with us.
Cmec, Ge or Moz. goverment take your pick, can't see it being anything to do with the US or Chinese govs. It's a big deal for us can't imagine it's big enough to vex them in any way.
Groundhog day comes to mind.
I can't see another delayed news rns I feel the next update will be all or nothing !
Personally I am still holding 100% with no notion or requirment to derisk but, well there's always a but.
D.
marky5858
Posts: 6,374
Opinion:No Opinion
Price:6.80
RE: Expectation.....
23 May '19
You never know !

I’d prefer an intraday RNS I think the market reacts better, it should list the full pay load to NCCL, then hopefully watch mcap grow accordingly, which should then keep buyers held, it moves fast on buys this one small free float, so once it goes it’ll be NT within 10 mins, BOOM !
Coldspy
Posts: 1,928
Premium Chat Member
Opinion:No Opinion
Price:6.85
RE: Expectation.....
23 May '19
News looking likely after Bank Holiday now?

Tbh the market is so shi tt right now it's probably better to wait. Want to see 130-150% on a monster RNS. Not a piddly 60% for AIMs biggest deal of 2019 so far
marky5858
Posts: 6,374
Opinion:No Opinion
Price:6.90
RE: Expectation.....
23 May '19
MMs will be the ones to overcome keeping it in range, then a little drop to grab a few last weak sellers shares before the news hits, standard shiffle.

Not saying this is going to be today or even this week but it’s close !
Richyf3
Posts: 10,487
Premium Chat Member
Opinion:No Opinion
Price:6.90
RE: Expectation.....
23 May '19
Think people were maybe waiting for a further dip but didn’t happen , I think this will push on now from here
Coldspy
Posts: 1,928
Premium Chat Member
Opinion:No Opinion
Price:6.90
RE: Expectation.....
23 May '19
Personally I think the next dip will catch many out (if there is one).

They'll expect the usual morning dip and think they can trade a few or go trade elsewhere for the day but will get quickly locked out.

This goes NT very quickly when it's gonna move. Just over 300 million shares total and most of them held tight. Not many floating about.

On JDA I hope there's no spike but just a gentle re-rate through the day to fair value considering the size of the deal. I don't want wild swings and crazy treeshakes.

GLA I'm positioned and staying put until news
oldabutnowisa
Posts: 1,596
Opinion:No Opinion
Price:6.90
Expectation.....
22 May '19
,,,,,,of big JDA tonight, so if no RNS 7a.m tomorrow, I expect a price dive. Have a decent holding but placed a limit buy lower down for a.m tomorrow just in case.




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