Member Info for Angelis

A year ago Coal was $80 a tonne now its $254 a tonne. Massive difference. And Ncondezi has 4.6 billion tonnes of it. JORC.

Every board has JackA like Pirate. Just another one for the filter.

Pirate, clear off.

The Coal price was $80 per tonne a year ago, it is now $235 per tonne. a big difference in asset value here.

Lets say Coal was $1 per Tonne, well Ncondezi have 120 million mineable tonnes, so thats $120,000,000.
Current Market Cap of 6 million
Well coal isnt $1 per tonne its around $234 per tonne and they have 120 million mineable tonnes of it.
100 bagger anyone...?

jones, you mentioning shares in issue before, well you can offset that also by the historical Coal price. Back in 2015 when this did rise because i was in it then, the Coal price was around $70 per tonne, it is now around $234 per tonne, so a 3.3 times increase in Coal value and Ncondezi have 120 million mineable tonnes of it and 4.7 billion Coal JORC.

''Coal Soars to $300 a Ton as Asia Scrambles for Power Plant Fuel'' - January 21, 2022,

Lets say coal is worth $170 per tonne, well Ncondezi has 120 million tonnes of it, that is mineable, 4.7 billion tonne Coal JORC .
$170 x 120 million gives you what number because my calculator doesn't calculate billions.

Someone knows something, looks like a leak.

I think we can expect a run upto the 50 MA (weekly chart) around the 3p level and then on from there. This is a huge year for Ncondezi.
https://africaoilgasreport.com/2021/09/power-deficit/proposed-300mw-coal-power-plant-in-mozambique-moves-to-financial-close/

https://africaoilgasreport.com/2021/09/power-deficit/proposed-300mw-coal-power-plant-in-mozambique-moves-to-financial-close/

Stan. What do you mean dead you moron. It has a billion tons of Coal Resource and Power Station add on.

CF73, And he bought in at 3.5p last year. Long way to go yet.

Could be looking at a 20 bagger here and thats not a ramp. It was 10.00 5 years ago on news of its massive Coal Reserves, thats was without a Power Station on the side.

Because it agree with the share rise. I remember when this was 10.00 with news of its massive coal jorc, that was 5 years ago, imagine the progress made now with it power station add on. Could be going to 20.00

Many things are undervalued, if they have no cash flow they will stay that way. Do they need funding?
Yes i have watched NCCL for years, dabbled it it myself about 5 years ago, i remember it had a massive Coal Jorc plus the power add on potential. But what is its cash position?

Novice, Shoud have called your yourself StockHunter, but NoviceHunter will do, its close enough.. hehe

Novice, 7.00 to 10.75 actually up nearer 40% on the week. Why are you talking about a stock you arent even invested in?
Is your calculator broken? haha

Novice, and Up 30% in the last week.

They are trolls who are not invested. My guess, Stock Hunters.