Member Info for CF73

Agreed TTP, Aesty, Dandy and gods, and rest of the trusted crew,, great day and week ahead. Good luck all! :-)

Agreed TO :-))

Project annual revenue expected to be between $250million and $300million and tax and royalties over 25th year life time of project between $1.1billion to $1.4billion. They together give some sense of the monster NPV of the project. In particular, you don't give away upwards of $1.4billion in tax and royalties without a commensurate NPV.

Exactly brybags, he's still working off the idea the coal has no value when a) it improves NPV and margins through integrated project (think about cost of supply at absolute cost price yo produce and security of supply; and b) we'll be selling to likes of KIBO We own entirety of the project, as per company guidance. Owning means we have ownership and therefore someone needs to pay to opt in. JDA not far off, when we'll know for sure. Good luck all!

We own 100% of the project at present - as per numerous RNS's. Partners to take a minimum 60% stake in the project. While until anyone significant takes a significant position the project value can't be realised, GE and CMEC have begun a very serious process with NCCL. They are in the process of taking significant positions in the project. So there is value here - just that that value is presently being negotiated. Hanno in a previous podcast discussed milestones throughout June and July that would unlock value for shareholders. We will find out the details of all of that soon.

Agree regarding being AIM and difficult to call some time but my two points are what has been put out there by the company. Folks can arrive at their own interpretations. Also worth mentioning that for a change, board is aligned with lowly PIs. Our chair has nearly 6% and another director (Jacek) is CEO of a fund that owns 10.3% - add to that the hugely significant and influential Africa Finance Corp who own nearly 20% of our equity (they specialise in mineral, power and infrastructure programmes and investments across Africa and are key players realising projects across the continent and in my view may have helped broker GE and CMEC coming on board)... If we PIs take a hit, a lot of other big hitters do too. If folk have done their research, they would know and understand. Research, to a fair degree, can help mitigate some of the risk and uncertainty. As always, DYOR and good luck all.

Two things Andrew 1. The company has always said 'minimum 60%' of the project to be taken by partners. They have officially stated that 60% as the 'minimum' a number of times. 2. I believe that in an interview/podcast Hanno said that project partners want to be majority partners. This is not designed to convince anyone of anything. It's what's out there. But nevertheless, folks should DYOR!

Let's remember, if they pay us $150million (as per gods numbers) for that additional 20% above 60%, we have that $150million valuation and the remaining 20% which I can only assume has to be valued similarly, at another $150million (that figure has got to be a realistic benchmark too i.e. $300million ) That's, basically, $300million (plus historic costs and premiim on FC) that needs to be reflected somehow when we try to value NCCL following JDA (if that's how the numbers turn out)

....let's put it like this.... ...an SP of 20p equates to a market cap of £56million... ...SP of 30p equates to Market Cap of £84million... ...SP of 40p equates to a Market Cap of £112million... ....there are companies with market caps £100 million or more with far less guaranteed than us (by time of our JDA).... ...the JDA should unleash the numbers and I remain of the view they will surprise us all...

The last piece of news regarding the leak was excellent we learned the tech was sound and can continue to look ahead only a matter of time. And not even that long

Going by my own strategy, I think folk are watching and waiting. In two or three weeks, I'll be in a position to add more to my VLS holding, perhaps trebling my holding if not more. Remain deeply interested in VLS!

...now they're trying to hide the buys on NEX LOL

Been some solid buying last 25 minutes. Strong close coming up hopefully :-))

srp84, that made me laugh :-)

Let's remember, even with the supposed delay regarding the submission of the tariff, they were still keeping to the proposed end of July JDA. If that is to remain the case, binding JDA would be happening in quick succession

No way I'm selling a bean before JDA sign off -- unless they were offering us 50p ;-))

...when the tariff lands, buying in quantity will be hard. Selling won't be as hard.

From a PI perspective (at least if folk have done their research) NCCL are fundamentally derisked at the point of tariff approval not binding JDA (if folks believe JDA is NAILED ON following tariff - which I do).

It then becomes a question of hoarding as many of these as possible in readiness for the numbers to be published as part of the binding JDA (i.e. the terms).

Not selling anything until after JDA because I may be able to sell 100, 000 one hit but it may require several purchases, if at all possible, to get them back again when - if - the SP drops (if my intention is to trade on peaks and dips).

I may be wrong but once tariff lands can't see holders losing out...(and I personally think the numbers will be a surprise to the market)...

FWIW

Good luck to all genuine folks!

...yeah, would certainly reward those who've stuck with it :-))

...tariff news very possible next week, and certainly is imminent now. Meaning you could Monday even Good luck all!

It'll be tariffic me ol muckerooni splatted, this one'll be definitely coming ome :-))

...I stand corrected :-))