Member Info for AlexE

Well it's unlikely a sell bud. The bid hasn't been that high in a while - especially not to support a trade of that size. So it has to be a worked buy imo.

And just like that GE bat off the short attack with a $2million CEO buy and a thorough refute. But hey he's only the CEO what does he know!

He should stick to his day job of ramping FDBK

What a load of tosh. Don't be ridiculous you cretin.

Firstly NCCL are not reliant on GE - CMEC are more than capable of taking the project on solo, secondly there would be a whole.host of others waiting in the wing to snap up GE % and finally the whole GE report is just a big short attack and nothing more. It's no secret GE have been struggling past few years but think about what your saying. Ridiculous

Here's my summary of where we are at and what's happened. Firstly, it was no secret that every Ncondezi holder envisaged some level of "sell on news" occuring upon the signing of the JDA between General Electric, CMEC and NCCL, but I think most people also thought that PI selling would be dwarfed by big money and l institutional buying. I guess we were half right - we certainly saw a huge increase in liquidity that enabled all the shenanigans that eyeguy mentioned earlier. Lots of stake bulls who wanted out got out, lots of hot trader money which was trapped due to extended jda deadlines got out and novum managed to flip their 1.5m warrants. What we didn't see was the huge buying.

That's because big money is also smart money. They also would have anticipated a sell on news and likely just stepped back and watched it happen. It became a self fulfilling prophecy exacerbated by novums 1.5m sell that spooked people. The big money (smart money) wasn't going to start buying on jda spike they will wait for it to settle and retrace slightly. This isn't their first rodeo!!

Well that's happened, the jda materially de-risked the project, we spiked and not we have retraced (too much I'd say) Scott Fletchers increased TR1 for me is a line in the sand, and I doubt it goes any lower. No more warrants in issue and most who wanted out are now out. This is not some bucketshop project - it's a multi billion dollar project and will certainly be on radars. I can fully imagine that the big money (smart money) will begin accumulating over the next few months in the lead up to PPA. Therefore the value is between no and then. We may see this happening now or after the summer break (maybe Scott is greedy for more also?)

Tariff is already pretty much agreed in principle between the government and partners and so shouldn't take all that long - upon this agreement NCCL will receive $25m and also it will enable the market to value the project effectively. Big rerate between now and then, and bigger rerate after. This is a big project with big numbers and nccl have a 40% stake. This is going to be huge.

£1.2m revenue and £11.3m loss. Go figure.

Yep and I don't like it one bit. Pumped rubbish is all. Just like first attempt this will be a bigger flop.

Again who's Richard? What's stopping JGO dumping a load of shares they got at 4.5p tomorrow? No lock in period? How is it "VR" if you're just watching it on your phone with no dedicated headset? Isn't it the same as the "red button" on TV, except then it's a bigger screen? Lol £85m MCAP

How much does it cost to watch a festival? What are they charging for wireless? Thanks

Who's Richard? No need to get your knickers Inna twist immjust asking some questions. What's stopping other tech giants doing the same? Also why does it justify a £85m MCAP? Thanks for taking the time to answer.

Plus doesn't seem like the apps even ready....and festival starts soon, good stuff. Over promise, under deliver once again? Let's see.

There's already VR apps available to download but they're terrible, what's going to make this any better? The first business model was a complete flop. This seems like a last ditch attempt at making something happen and I'm sceptical, the whole point of a festival is to actually be there in the crowd with the atmosphere.

Festival starts on 5th July, will they be ready in time? How many people have bought it, anyway to find out?

Hold shares here??

Everyone seems to have got their knickers in a twist over nothing. If there had been any material changes then nomad would have forced an update by now. As it stands they are clearly content with where Ncondezi are at in the process and all released Information remains relevant. GE and CMEC will have stringent rules in place when it comes to formally commenting on official RNS's and they bothered themselves to make official statements on the last update. Hardly going to embarrass themselves by going back on their word now. Some weak hands sold today, but mainly small fry PI, also some huge buys taking advantage of the dip. Literally any day now.

Even if they thought that and sold then that's just plain stupid, if they invested for the multi billion dollar project then why sell before the damn thing lands. Live in la la land half these people. "Oh I know I'll sell in low 6s because they didn't release a RNS" .........What happens when they do release it (any time) and you're not in!? Ha ha In fact....the whole notion of no RNS as bad is incorrect. The nomad would have forced a delay OR update if any material changes for the better or worse had occurred. Therefore it's very sensible to assume all is as was in last update (WHICH MEANS THE DEAL IS ON MORONS) in layman's terms.

What the hell is going on? Are people mental selling at this level!? Bloody hell the mind boggles. They are in the process of sealing a multi billion dollar deal with two majors but you decide to sell in low 6s. Jesus Christ, give yourselves a slap. Anyway thanks for the cheap additions to my holding. Mugs