Member Info for CF73

Good luck folks!!

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

Folks attending recent Q&A say that BOD came across very confident.

I think they know they will get the prject to cross the line and comfortably The demand and support is there. Plenty news this Quarter!

NCCL Largest shareholder is non-Exec Director, Scott Fletcher. He holds over 18% of the stock!

Which I why the following:

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[Malawi President] Chakwera pushes for implementation of energy projects amid power outage across Malawi

Jan 25, 2022

https://malawi24.com/2022/01/25/chakwera-pushes-for-implementation-of-energy-projects-amid-power-outage-across-malawi/

'The meeting was attended by senior officials from the Ministry of Energy, Electricity Generation Company (Egenco), Electricity Supply Corporation of Malawi (Escom), Roads Authority, Public Private Partnership Commission and the World Bank.'

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https://www.africanews.com/2022/02/07/malawi-to-experience-six-month-power-outages-following-deadly-storm/

Malawi to experience six-month power outages following deadly storm

Malawi’s main power station stopped operating after the Chikwawa dam was damaged by the heavy rains following the landfall of tropical storm Ana on the 24th of January.

The country is expected to go through 6 months of power cuts, according to the national electricity company Egenco. More than 90 people were killed in the storm across southern Africa

"The impact that we have experienced here because of Cyclone Ana is that we have lost the dam here because the control mechanism that we had to take the water to the intake of the machines has been destroyed. We had the training dyke and that has been washed away," said Willy Liabunya, Egenco CEO.

Power stays mainly cut, leaving most parts of the country in darkness due to torrents of water-carrying debris that has choked turbines in most hydropower stations - many of which are located along the Shire river.

"For the temporary structure that we want to put up and quickly restore the power generation, we are looking at six months as the time that we will require, but that has to be verified by the consultant as he finishes the expert analysis of the work," added Liabunya.

Authorities confirmed that over 100 people were reported to have sustained serious injuries in 15 districts after more than a week of heavy rains.

According to the Department of Disaster Management Affairs, DoDMA, over 200,000 people from 48,000 households have been affected and many have been displaced.

Yes, has to be.

From the article I posted earlier, Finacial Close expected by end of H1, 2022. That is the latest for FC as they have to start builing in orderr to be ready in time to dleiver power by mid-2025.

Buyout, at the point of FC would be costly for CMEC. So, if there is going to be a buyout (which I and many other LTHs believe), it will be before end of H1, 2022, in my opinion.

Many LTHs believe this is heading for an outright sale.

Personally, and have said many times, anything below 25p and I would be agrieved.
!

BANG ON, Angelis!

In 2011, the NCCL market cap was £171million -- and that was for just the coal mine (one of the largest high quality deposits in Africa). Now add the Power Plant!

You know your beans Angelis!

Folks, take a look at our parterns and the parties that are relying on the power we will be generating!

Take a look at our shareholders too...incluidng the Africa Finance Corp (largest private infratsucture fund in Africa), 2nd largest sareholder, who fund and realise these kinds of projects as their bread and butter!

Billon$$$$ project!

Angelis, agreed!

The true value of the stock/ project would shock folks (i.e. Billion$$$). The info is out there!

NCCL haven't issued an RNS because it is not as simple as saying, 'We don't know why the stock has risen'...'or we are in discussions' -- we know they are in discussions already and we know that the stock had already been hugely undervalued. Right now, this is a sensible and inevitable correction.

5p + is fair value, in my book, before any futher news.

Buys and orders picking up again!

We could close at 1.50p, do another 100% tomorrow (i.e. 3p or c.£12m market cap), and still be well under fair value (i.e. 5p + per share or £20m market cap), in my opinion.

Very important read!

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

Put another, our input into the Interconnector two years ago means that today the Interconnector is

a) Funded by World Bank and EU
b) Is now under construction
c) '#Mozambique #Malawi interconnector' -- 'Runs past the #NCCL power project'
https://twitter.com/Ncondezi_Energy/status/1382269455183581184

Hope that helps.

These tweets demonstrate the relevance of the Interconnector to NCCL.

Our input, back then, would have been configure the Interconnector according to our project needs. Hence,

'Progress continues to be made on the #Mozambique #Malawi interconnector, which runs past the #NCCL power project'
https://twitter.com/Ncondezi_Energy/status/1382269455183581184

extrader - yes. What it does, crucially, is shows us that NCCL had inputted materially into those processes and, for me, shows that it woudl only do so if it was operationally rlevant to us (which the Interconnector is).

Just to add, that that inout woud have happened way back then, as the Interocnnector is now under construction.

Follow the fundamentals and the upside folks!

All the info anyone needs is there, on this BB, poated over the last two or three days!

5p + fair value without any additional news in my view!

BIG orders now stacking up, with news within the Quarter!

Good luck folks!