Member Info for Caterham7

I made two seperate ~£10k buys this morning at about 8.20am via HL account, but neither are showing.

Unfortunately the two £10k sells this morning was my 75yr old Mum selling via her HL account, and nothing to do with loan conversion sells. My mum has been buying NCCL on my advise over last two years (she has done very well out of my tips in the past!). She now wants a new posh bathroom and a new electric buggy, so is selling some shares. She did try a £20k sell, but wouldn't go through, so split it into two separate sells. She owes me extra baby sitting duties for reducing value of my NCCL holding today by about 0.01%. Sods law the JDA arrives soon!

If there will be any justice, a case this complicated will take years till resolution. Will the ongoing uncertainties act as a drag on the SP?

Looks to me like Hanno doesn’t want to reward traders and weak hands!

On 21st August 2018, I posted the following:

“I haven't been following Trumps daily trade war rhetoric, but I wonder how it would / could impact relations between GE and CMEC? Im always mindful of those black swan events!”.

I didn’t get any response from fellow posters. I believe Trumps bluster is the reason for nervous sellers, but agree with prior comments that Moz is beyond Trumps protectionist jurisdiction.

My holding is now increased to ~2.9 million shares. As per my previous posts, I have very significant experience of large scale Africa and Latin America energy projects, and this NCCL project is looking good.

Im happily sitting on 2.3 million shares at average price of 4.7p. Wont consider selling until some point after financial close - at which stage I'm expecting 30-60p a share (depending on many variables such as equity stake, dilution, etc). Am I happy to wait 16-20 months for 450-900% return with a company that is essentially derisked upon JDA signing, or would I rather go rainbow chasing other companies that still have to climb that wall of worry with likely inferior gains? This isn't a difficult decision is it!

Also I suspect that as with other utility companies, NCCL will spin out significant dividends once up and running. Would I like a nice steady dividend stream tax free in my ISA? This isn't a difficult decision is it!

The future looks bright for NCCL, yet we all know that the share price will roller coaster. The smartest people on this BB will not try to time entry / exit points - that a fools game. At some point in the future, the shares will be worth oodles more than they are now - thats all I need to know. Sit back, relax, and most importantly, only read this BB once a week max.

The trend on this BB seems to be to sign off with `GLA`. Not necessary with this share - luck is not required.

Cheers

Is the 650,000 sell after hours, really a sell - find it hard to believe! MM games?

Scotty - your two buys are showing on NEX as sells. This has been the case with most of my NCCL buys over the last two years!

Lurker - you read my mind. Nice healthy top slice here, and added to my 2.3mln NCCL shares.

I get `A BOOTEE BOWWOW`, but don't see the link to NCCL future fortunes!

Some very large buys on NEX today.

NCCL up 11.38% on NEX, but only up 0.76% on AIM! I don’t know much about NEX, but I assume that irrespective of what exchange the shares are purchased on, the net result over a period of time (days?) is that the price of shares listed on both exchanges should increase the same amount?

I’ve been absent for a while. What is latest news / expectations on timing of FDA approval or any contract awards?

Fortunately not (even though Im sure Oldbadger is a very nice person). I used to be schizophrenic, but we are both OK now!

OldBadger - In your post at 7.18 this morning, you say "Does make this weeks larger sells " explainable"". I cant work out what you mean - even after my second coffee. Please can you enlighten me. Thanks

I cant believe any sane person would be selling here, other than for ISA B&B purposes. Coming Friday (5th April - new tax year), I have another £20k marked for NCCL. Hopefully the SP stays low until then.

Best ProactiveInvestors interview Ive ever seen by any company. Very informative. Nice clear explanation of why Power projects are derisked upfront (ie, now - by signing JDA, etc), as opposed to oil / mining projects that are still risky even once the infrastructure is built.

Hanno obviously has a good grasp of the wider Africa energy picture, and is looking at opportunities to grow beyond the Tete coal project.

I would like to think that Hanno read my LSE post of 1st February this year - "Hanno - not sure if you read this BB, but if you do, please can you delay JDA RNS till April 6th, so I can tuck some more NCCL into my ISA. Appreciated.".

As a result of the slight delay, I will be scooping up another £40k of NCCL into my ISAs in April, taking me to circa 3 million shares. As I've mentioned in previous posts, I have 25+ years of managing mega scale energy projects in Africa and Latin America, for a few different super major corporations. I have managed projects, JV partners and government relations (ie, everything that NCCL is about). In my experience, projects of NCCL scale, I typically expect 2-3 year delays as the norm - no sweat, nothing to worry about. More than 3 years delay - I get worried. Less than 2 years delay is big slap on the back and bumper salary bonus. I had to laugh at some posts earlier today griping about nine months delay - sounds like those people are either traders and / or don't understand the business.

To quote Churchill - "The definition of an idiot, is someone who takes advise from those lacking relevant experience", ie, only invest in what you personally fully understand, and ignore those posters lacking relevant experience. My hunch is that not many NCCL posters on LSE and Twitter have worked on the ground in Africa on a project such as this.

Hanno - the April delay is much appreciated.

Six months ago I was predicting circa 30p on JDA, but have trimmed that to the 20p level due to ongoing Brexit lunacy and dysfunctional government. Mind you, you could argue that a power station in Mozambique is somewhat distanced from Brexit!

Nice - he now owns 6% of the company. I strongly suspect that Scott Fletcher (worth approx £120mln) and his advisors have better sources of info than LSE BB and Twitter!