Member Info for CF73

Martc, it's a sensible observation. Best of luck to you and all of us!

Martc, 'hint' taken regarding wild projections except we will be getting back historic costs (i.e. what we have spent on the project), which will be at a minimum �60million. ...but likely more as those costs were associated initially with the mine only, but now have a power plant, and that we are also at present proposing to retain 40% of a $$$billion dollar project in a JDA with GE abd CMEC where the JDA will ensure we are able to lever the funds to realise the project. So the question is, what do we think will be the SP based on a minimum in which we are confident? Where we will be retaining 40% of $$$billion Coal2Power project, where the revenue - as quoted by the Hanno, the Chief Development Officer - will be the order of $250million to �300million annually; where will receive in repayment, at minimum, �60mllion in historic costs? We have news at the end of May while the binding JDA completed/signed off in 12 weeks, when we will know for sure. Good luck to all genuine holders! :-)

Admittedly, not a great return on investment with CASA but working capital is helpful and I also see it as ensuring proper focus on our key projects and programmes of activity.

Though I'll take 10% to 15%:everyday for now :-)

In fact, in binding JDA completion, with historic costs anywhere between £60million and £100million (for mine and plant), and if we retain 40% in the JDA, then looking at an SP even higher than 50p to 60p. Looking at in the region of £1 All within 12 weeks. Holding all the way.

Stevenc72, you got to be happy, we finish at 7.5p :-) By end of this month we're likely to be 20p+ By end of 12 weeks, we're likely to be 50p to 60p. Very bullish chart again, not to mention the fundamentals Good luck folks!

10% rises are great. We'll be in double digits soon enough. And using KIBO market cap as a benchmark is very appropriate. Much more to come :-)

It's great to see the growing interest. Steady rises are great. 10% to 15% everyday (though I'll take more) to news will give us a solid SP platform to rise from. Focus on the fundamentals, including that we're talking to GE and CMEC, two juggernauts, in the Hanno's own words, bids are in for a project where the expected revenue is £300million per year.

Following this line of thinking, if we switch from measuring according to SP, to what a realistic market cap would be, then it transforms perceptions altogether. An SP 15p suddenly becomes a market cap of �40million, seeing how this was the case in the examples provided. Completely reasonable at this stage, with the rises to come ahead of news. Good luck folks!

...shares in short supply... ...and it's just popped.... Looking at double figures!

I have to qualify on ADVFN's ' 'TerranaDonJohnson''s post, regarding comparisons and benchmarks. Looking at his examples of GCM, KIBO and AMC, they have all considerably higher very recently. AMC with an SP in the 9p to 10p range, or a market cap of �55million-�60million KIBO at 6.5p average in recent months, nearer a �40million market cap. GCM has been 40p+ or a market cap of around �40million, too (and as high as 55p, market cap �53million) I'd argue that with recent NCCL news of bids being submitted and our understanding of strong positive progress - i.e. partners 'wanting to move this project on' - we are further ahead than all of the rest. So a market cap of �40m is seriously realistic and sustainable -- that's 15p. That's where we are headed next. Then a rise to 19p-20p as we near news end of May. ...and with shares in short supply, too... [Thanks again to 'TerranaDonJohnson' from Advfn, hopefully he won't mind me pinching his post and developing on it]

Can see us touching 19p-20p at some stage (and I mean even before next news lands...)...

This is a helpful post I found on ADVFN - thanks to 'TerranaDonJohnson' ---------------------------------------------------------------------------- 28 Apr '18 - 09:09 - 4052 of 4060 Edit Let's do some comparisons, to see how much upside there is from here: ---------------- GCM, who have a coal mine Bangladesh with 572 million tonnes of good grade coal. They have moved their project on from a solely coal mine one to a Coal and Power project. However, the project has been mired in controversy for years and is still awaiting go-ahead from the government. I would also suggest that we are further ahead in my view. GCM market cap is �27million ---------------- KIBO is a Coal to power project, will be well-known to most medium to long term NCCL holders. Their 'delays' I believe are normal and come with the territory. NCCL have had their own. However, NCCL now further ahead given the pace and productive progress of talks with GE/CMEC KIBO market cap is �29million ---------------- Just for another example, AMC is company with a sole nickel project in the Amur Region of Russia. Growing and large reasonable grade resource. However, no DFS and working still to complete an up to date PFS at the moment. They should really have progressed further than this by now. AMC market cap �34million ---------------- At the moment, our market cap is �17million, yet our JDA is ON, with bids submitted, from partners who want to get on with it, and Mozambiquean authorities fully supportive. So why is it some folk think 12p (�30million market cap) is a stretch for NCCL? We should be at the very least on a par with the examples I've listed. Think we will be at 15p-20 prior to binding news... After that, who knows... ----------------------------------------------------------------------------

Brybags, that's a great piece of detail :)

Think a market cap over £100 million on solid JDA confirmation is not unrealistic. Has to reflect historic costs returned to us - ??£60million for the coal alone; then there's the plant, too - then something to the future potential, potentially based 40% retention of project and future annual revenue at $300million

Splatted, a 100 x bagger??

...let's just say, if... ...we had 40%:of a company with annual revenue of $300million, what would our SP be?! ...those are the projected revenue figures and the current proposed percentage to be retained by NCCL as part of the JDA ...that's where we're headed... ...unless GE-CMEC intend to increase their percentage or even buy us out... ...whatever the eventual outcome, biggest deal on AIM in a long time...

Good round up Laxey :-) As the news and story is absorbed, more and more folk will be getting in with a view to holding out to conclusion. RNS's show this is on. Podcast shows how much all the interested parties want to walk with a deal of some kind. A �40million market before binding confirmation is realistic. After confirmation, gawd knows to honest. But it's a mega bagger from here Good luck to all genuine holders and folks!

...as if someone knows something...

There's a point in time when they will need to come back to the market to inform us about percentages. Currently, we are at a proposed 40% for NCCL and 60% shared by GE-CMEC. They won't want to keep to that. But the moment they reduce us to, for example, 20% is the moment the question arises as to why even keep NCCL in the picture any longer. Good luck folks!