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In fact, looking at AFC's remit and coverage (folk should follow Laxey's link), I can see how they might well have been key in helping establish this partnership between GE and CMEC and NCCL. Not only that, you can imagine if GE help AFC with one of their partnerships/investments, GE then has first shout access across a range of Africa based infrastructure and power projects (combined with AFC''s support). Big very material link!! Close to contemplating going all in here...

Great stuff Laxey! Now we get a sense of the clout behind NCCL. Blimey!!!! :-)

There'll be sustainable rises still between now built plant. PPA and FC for example are key steps derisking and unlocking value.

Nevertheless, it's a party that's significant.

This very recent piece of was relates to NCCL but you might be able to get a sense of what's going on behind the scenes with the Chinese and GE working in partnership (KIBO and NCCL are similar in many ways): https://zitamar.com/ge-cmec-submit-cut-price-bids-mozambique-coal-fired-plant/ 

Thanks me ol mucker Laxey, and agree regarding GE being at table (I wonder if there are plenty of folk in Mozambique who already know the outcome as a result of these meetings?). Also agree with you and splatted about how we will be finishing this with less than 40% :-) Holding to the end.

Have posts been deleted? Saw nothing sensitive or out of order in them.

My call was brief. The one thing that I did come away with from the conversation was that the officially stated timeline is something they have strong intention to work towards and that we PIs should be using it as a genuine guide. These are my own interpretations and inferences but combined with everything else we know, this is a rare situation, by any measure. A mega deal likely to happen, over a very near-term time line, with everything - as far as can be - out in the open, no cloak and dagger shenanigans. And now seeing the NCCL board's own alignment with shareholder interests, can only assume they're pushing for a deal that sees us all come out happy.

TTP, that's my own interpretation. Contacted company for two reasons a) I wanted to know if they expected to conclude work on the Financial Review as per the end of month time line and b) I wanted to know if they would notify the market. Regarding the first, I wanted to know if those discussions were going well without drawing him into something he couldn't comment on (so saying things still pointed to an end of month conclusion automatically tells me that those discussions are going well. And getting that answer.at that stage also meant it was highly likely they would conclude on time). The second question I asked because I wanted to make sure I wasn't waiting for an update when there wouldn't be one. Answers seemed VERY comfortably in the positive for me. Even if there's a delay, I sensed that there was complete confidence over the process (we should also be 'reasonably' confident given what the company have already said regarding FM and tariff - that level of company confidence is already in the public domain). These are my interpretations. But they were strong enough to make me feel it is a done deal. And especially when put in the context of all the background research we've all done, including on GE (and their current struggles, Alstom, Lamu etc.), CMEC and China Belt and Road, and Mozambique EDM etc.)

Really good point Dandy. Michael Haworth, (NCCL Chairman), He owns nearly 16.5million shares, or just over 6.2% of the equity in the company. Jacek Glowacki, a NCCL director, is CEO at 'Polenergia International Societe A Responsabilite Limitee'. They own nearly 11% of the shares in NCCL (just over 29million shares).. Also with mentioning that Africa Finance Corporation own nearly 55million shares (20.73%). Three things therefore. 1. NCCL Board alignment with shareholder/PI interests 2. Seriously sticky shares, hugely reducing the free float 3. Very few AIM shares have this level if support and clout. I'm holding to the end.

Splatted, beat me to it :-) good work me ol mucker sir

Agree with everything you say Dandy. Only thing I'll add is that if we go by the Lamu deal - the 20% stake GE bought in Kenyan coal fired plant for roughly $400million - then we would be right to expect more. 50p is £140million = $186million. GE &:CMEC will be getting a stake larger than 20% in both the coal and power project (Lamu deal was for just the plant). I'll happily take 50p - a very reasonable target - but I wonder if it could be more :-)

Damn spellchecker, meant Burker

Gurker was on the NCCL BB attempting a deranp there, too. Goes by multiple IDs.

In my short conversation, Hanno intimated - very purposefully - that the time lines in the notifications (i.e. RNS, podcasts) were for a reason - i.e. this is what we - shareholders - should comfortably be going by. Is why it leads me to believe this is a done deal. Good luck all!

After being in a number of other stocks where there's been placings (I'm sure everyone here gas suffered a few), this one here is the most orderly offload I've ever seen. Testament to NCCL, their broker and in general the company they keep. In terms of being researched, we've got a good handle on what's going on, including from '...the Hanno's mouth' - Everything continues to point to an end of month conclusion to Financial Model review and sign-off and we will be notified (paraphrased but pretty much his words). Add to this that Mozambique folk already believe that the tariff will be extremely good/competitive... Have a great weekend all!! :-)

steven, many of those block shares (50K, 100K, 150K) are being flipped from the placing earlier in the month. Placees generally try to offload as early as possible. Annoying when it hold us up but we've not got long to go.

badeli, Wednesday makes a lot of sense :-) Monday's a Bank holiday so only Tuesday before news, if we go by that time line. Financial Model (FM), by all accounts, looking good and even Mozambique news had reported that cut-price bids in by GE and CMEC likely to reduce cost to Mozambiquean people for the Lecky. So FM sign-off should be a cinch! Good luck folks!

...should have strong close to the day...news very VERY likely next week!

Thanks steven72 :-)