Member Info for BENJAN1

My view on this is that NCCL are preparing to be taken out by CMEC upon determination of the tariff agreement and the renewable projects are going to be the long term future of the company.

There is lots of scepticism around the main project due to delayed timescales, but there are powerful players behind it happening.

I have faith that Scott Fletcher has bought in on the basis that the power project will happen and that there will be the opportunity to generate long term cash flow from the renewables.

I’ll continue to buy at these levels, it’s a gift.

Totally agree with this analysis G_G_G. I’ve been on the sidelines and focussed on other opportunities. I will add more in coming weeks to bring my average down, I firmly believe we are on the cusp of the tariff agreement.

Although the delays are hugely frustrating, I’m prepared to be patient as this will multiply on the news and the potential to be taken out by CMEC.

Keep the faith

Sure, the IEA report will impact sentiment, but it’s a sideshow.

How will these countries ever develop and raise living standards without cheap reliable electricity sources?
The filtering technologies that now exist reduce environmental impact of the emotions substantially.

We need to cut waste levels and the disposable culture in the developed world before preaching and imposing restrictions on the developing countries.

I’m surprised the RNS resulted in the sells and significant drop in sp. We have all been desperate for news and this update provided reassurance that the tariff deal is still in progress.

I’ve added more as genuinely believe this is happening. As mentioned previously by others, this is a binary decision on whether project will be delivered. I firmly believe it will and I consider the pricing now to warrant further investment due to risk/ reward profile.

For me, the significant investment made by Scott Fletcher and his involvement as a NED negates the performance of Hanno’s messaging, expectation management and delivery skills.

Ultimately the timing of the next stage is outside their control and the timescales previously published suited their fundraising narrative. This has subsequently proved unachievable, which has made investors sceptical of delivery, resulting in a bombed out sp to levels significantly below the true value.

Keep well all and keep the faith.

Apologies for grammar errors, should have read:

That’s more like it chrishutch!

Ultimately we need patience, the alternative is to bail out that would for many, including me would result in a substantial loss.
I firmly believe that the risk/ reward profile at this level provides good value. Pity for me and many others is that we have already committed substantial sums and won’t invest further until there is some reassurance from Hanno.

There will be a sound rationale for lack of messaging, as Scott F committed to being more communicative and improving alignment with shareholders. I look forward to understanding the rationale for no comms, like you all.

Keep well and keep the faith

That’s more like it chrishutch!

Ultimately we need patience, the alternative is to bail out that would for many, including me a substantial loss.
I firmly believe that the risk/ reward profile at this level provides good value. Pity for me and many others is that we have already committed substantial sums and won’t invest further until there is some reassurance from Hanno.

They will be a sound rationale for lack of messaging, as Scott F committed to being more communicative and improving alignment with shareholders. I look forard to understanding why like you all.

Keep well and keep the faith

I’d be amazed if the rumoured announcement was final tariff agreement. I sense this has got longer to run...
Stay patient, this project will happen but several factors need to align. It’s all detailed on this board and previous RNS’.
Hopefully Hanno has learned how to better manage expectations and provide reassurance concerning the delays.

I totally understand the frustrations of all PI’s and I had also hoped that EDM would have agreed tariff before now.
I continue to top up at these levels to lower my average price, as the rewards will pay back multiples on current sp.
Each day that passes is a day nearer to resolution. This project needs to happen for a number of reasons and Scott Fletcher’s continued support is reassuring. He’s a seasoned investor and clearly knows more than us about the probability of the project happening.
Stay patient and you will be rewarded.

Reading the content on this board is always illuminating. Put me down for a copy of the book too!

It’s encouraging that PI’s with experience of the markets are invested here. I continue to be patient and have confidence in this project coming to fruition.

In the meantime, I will enjoy the musings posted here!

Thanks chrishutch, great synopsis and in line with my belief.

I continue to add, as I sense massively undervalued in context of risk/ reward.

The news will come, we just need to be patient.

Keep well all and if possible top up, I am as I believe this project will happen and all shareholders will be rewarded handsomely.

Reassuring that NCCL are tweeting this directly.

We may require patience, but this is on and by my calculations massively undervalued.

DYOR - lots of information out there to join the dots

Great work CF73 in putting this note together. I remain confident this will happen and understand the caution in some quarters in respect of timing, however the stars are now aligned for this project to come to fruition.

I continue to hold and added more last week, I’ll continue to do so whilst shares down at this level, as it’s not reflective if the risk/ reward profile.

Keep up the good work!

Thanks, that makes sense.

Great to see these buys continue, someone is confident that EDM discussions are progressing, which bodes well for us all.

Solid buys now moving price back up. Still a long way to go to balance up the risk/ reward.

I’ll continue to add more and would welcome any insight into how SF could buy 10m shares and price not move.

The purchase by Scott Fletcher provides confidence that the EDM tariff discussions are progressing and we will have a positive outcome.

The renewables project for now is a sideshow and will no doubt be a legacy for Hanno to rolllout once the main project sold to CMEC.

The interest on the loan reflects the risk, short period and in lieu of arrangement fees. Don’t lose sight of the main prize, it’s getting closer.

I’ve added yesterday and this morning ( 2 x 50,000) and will continue to do so as risk/ reward is unbelievable, especially at this late stage.

I will continue to add as believed we’re massively undervalued at current price.

Like all invested here, I would have loved RNS to confirm tariff agreement with EDM. Sadly this is outside Hanno’s control, I’m pleased with the wording and issue of the RNS and I remain confident that tariff agreement will be concluded in the coming months.

I will hold and continue to add, as I fully believe the sp will be significantly higher in the coming months and our patience will be rewarded.

Keep well all

Don’t worry! There are some delays, these are to be expected given the parties involved.

Research the details of the journey to get this far and you will not be so concerned. Without this power station power provision, this region will not develop and there are powerful players involved to ensure it happens.

Good to see flow of buys outweighing sells.

Found funds to buy another 20,000 this morning at 3.8p @ 11.30. It looks ridiculously good value considering I bought into this stock 3 years ago at over double the current sp.

At the time of my initial investment I had assumed the project would have been delivered by now! I have been patient thus far and genuinely believe we will get multiple returns on the current price in the coming months.

Keep buying and promoting chrishutch, at this price it will pay you back handsomely