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Anything under 10p is a screaming buy to me. Haha good luck everyone. Fill your boots.

Nailed it CF73. That's exactly right. Bring on the squeeze

This is the first of many this month IMO. Sets the conditions out clearly. No rejections at all this far. Partial or full conversion of loan to a 33% PREMIUM of 10p. Bloody bullish or what! The loan is all too insiders who know much more than us and no rejections....what's that tell you....

Hopefully this will be nothing compared to what may come over the next few days / weeks

Agree CF73 thing here is patience, I have it, however even I am starting to get restless. Not because I don't think this will happen I do....but because people are getting the chance to buy in cheaply right before the deal! It makes me frustrated that they get this entry price right on the cusp of it all finally happening.

Mr 50k, why not wait a week or so and sell in double digits? :)

May very well regret selling his/her shares in a short time. At least someone sees the value and is snapping them up and more. Well done that man!

Quite right CF73. GE are trading at rock bottom. The lowest in a decade. Despite their aviation and medical sectors showing an upturn it's the power generation aspect (their bread and butter) that's a bit stagnant. This is as we know now the main effort of GE. This project in moz does not only show GE investors that they are actively finding new and profitable power plays but it also ties into GEs ambitions in Africa where they already have a large influence. Then add into the mix CMEC - a Chinese company, which we all know have a very very active role in Africa and it's looking very bullish indeed. News catalysts are likely to be: An update on the share holder loan (imminently) and I am guessing a partial conversion to equity at a premium and the remainder rolled over till next year. An update from the working group between EDM, GE, CMEC and Ncondezi (early August) and off the back off this possibly the formal JDA? Formal tarrif approval from EDM, I believe we now have it in principle. Should be all in all a very, very interesting month.

It would make a lot of sense for the shareholder loan to be converted to equity at a higher price, and it would be extremely bullish. Maybe around 9-12p area would be fantastic. Will have to wait and see what happens ; )

Tells me that he is set to become increadibly wealthy once he pulls this out of the bag

Just noticed the trades going through NEX some nice buys

Yeah perhaps, but you never know I guess.

I wouldn't want to be out of this over the weekend?

The EDM white paper clearly stated construction for the 300mw to begin in 2019 and the second 300mw begins as soon as the initial power plant is finished. Scaling up indeed.

Med_is have you seen the recently published EDM 2018 white paper which outlines the government's power production plan to meet the country's needs? It quite clearly mentions a 300mw coal power plant in the Tete Region. Ncondezi are the only company who have plans to build a 300mw coal power plant in Tete. 'cough' 'cough' It also goes on to detail how once the initial 300mw plant is built there is due to be another 300mw (hence the scaleability up to 1800mw) This isn't a rumour or speculation. It's direct from the horses mouth. An official EDM white paper. Market seems to have missed it but I haven't and I've been loading up this week. Additionally, there is news on other fronts such as the share holder loan and the working groups. NCCL hiding in plain sight.

This morning. Biggie on NEX too

Expecting a correction this week back to the 9s or higher after the overreaction on back of the last update. Shareholder news, possibly converting some to equity at a higher price or rolling it over. Tarrif approval from EDM JDA signed. Not necessarily in that order.

CF73. Come on now. You've had your fun here. Now join us on Twitter where the real info gets divulged.

Andre you're back! See you're still a wan*"er which is good to know. Thanks for your concern but I have seen the white paper and the messages and call log between the LTH (who I trust) and Hanno. But nice try

From the call a LTH had with Hanno today: the only reason the JDA is not signed is because GE and CMEC wish to be there at the first meeting with EDM to discuss the next steps forward. This meeting was planned for tomorrow. Hence the end of July deadline. The nomad forced NCCL to release this RNS (Hanno didn't want to, as thought maybe they would still make deadline). The white paper clearly states that 300mw coal power station in Tete province. The meetings on. The parties will meet and JDA will be signed. Also SH loan news to come. A 20% drop has never felt so good.