Member Info for CF73

Snaffleman, it has 'lost' value due to a fundraising that has since brought in �18.4million. But with RINs and a whole host of other things on the horizon this stock has amongst the best fundamentals on AIM. If you think there's summat wrong here then the entirety of AIM is not for you. Good luck to you.

Add that to exclusive negotiations with GE-CMEC, with bids in, with two 'juggernauts' who both 'want to move the project on'... ...and you know that revenue figure is not just pie-in-the-sky dreaming...this is for serious!

�Now you've got to ask yourself one question. Do I feel lucky?" ---------------------------- Nothing to do with luck, its the fundamentals, see,

Good find coconocchio! Thinking about the article I posted yesterday about Mozambique's and regional energy poverty, we can see the need and market is there and in your article we can see how the broader regional infrastructure is being put into place. Tjis can inly happen if they are assured they have the power - i.e. the electricity. At the moment they don't but they will... That's why there's crucial political backing to get Ncondezi Coal2Power off the ground.

Put another way, now that the bids are in and this is ON, we should be at least �30million market cap before any further news. That's an SP of about 12p.

So while there will be traders and even longer term holders trading around the edges, the fundamentals here point strongly to buy and hold all the way up to JDA conclusion or possible buyout.

There are a lot of companies out there with market caps of �25milion to �30million. This includes companies haven't yet got their DFS. We have a DFS and JORC Compliant coal resource of 4.7billion tonnes (Measured Resource of 120 million mineable tonnage in situ). The other problem for AIM minnows in general is finding willing partners, especially those who can mobilise the hundreds of millions and even billions needed. With NCCL, we have two willing 'juggernaughts' who ' want to move the project forward' (our CEO's own words). These are serious discussions we are having with GE and CMEC and increasingly likely that the project will be realised. This project is expected to produce revenue of between $250million to $300million annually. No-one wants to walk away.

Excuse last post lol Meant to say, if £60million was initially to be returned for just the mine, then what for the mine and plant???

Laxey (and BryBags), got me thinking, if historic costs of £60million are to be returned following JDA, but that was for the combined coal2plant option, then what the total for historic costs for the two? May as well buyout us out for £150million-£200million - I'd take that ;-)

Will come a time soon when folk will be kicking themselves they didn't load up under 12p.

Here we go...

Indeed, there's been a discussion about the coal. That alone, with the DFS in place, is worth more than our market cap (just shows how undervalued we are). On related note this project matters to GE-CMEC, and GE particularly, because there are lot of possible coal 2 projects out there struggling for funding, struggling to move forward. If they nail this one and build experience, then they are in good position to establish a very niche position - built on growing expertise and experience - to develop these sorts of projects across, particularly, the developing world. But it matters hugely that they land one to start with that's fairly advanced, that has political support, no policy or bureaucratic blockages, so they can move quickly and not only making money out of this project at the earliest possible opportunity but also that they can transfer this experience across to the other possible projects and programmes. The difficulty with such projects, normally, are the a) significant funds and resources required to mae it happen, and b) country issues i.e. political So, yes, NCCL need GE-CMEC --- but GE-CMEC also need this project, IMO DYOR

We are due to be making revenue. This revenue is guaranteed. Has been great to see the SP consolidate at these levels. And as we wait to hear about the awaited revenue and a range of other key pieces of news, including RedRock, we'll be enjoying some good days and weeks ahead from here Good luck folks!

I hear what you're saying regarding '...past failures', understand your caution and, but believe strongly we're still worth more than this. A market cap £25million wouldn't be unreasonable given we have an advanced coal 2 power project involving JV discussions with two 'juggernauts' who are 'keen to move the project on.' (Hanno's words). Remembering the bids are now in and move towards review and the next set of stages.

PaulStomach, I hear you. But there are companies less advanced than NCCL with considerably higher market caps (which is the more appropriate measure). The purpose of the article posted - which is itself was published within the hour - was to demonstrate the national and regional energy poverty that is the fundamental driver for opportunities for companies like NCCL, especially and particularly in the context of 'abundant coal and gas'. So the Mozambiquean authorities need to the electricity from somewhere. Indeed, they are very much supportive of the project and, unlike Zimbabwe for example, no major policy blockages to sort through. Add two giants to the mix - one of them GE, who've been going through their own challenges, and you see mix of interests that need this to work out. Yes, the tariff has to be worked out and agreed. That's a standard element. That will be sorted. I'm certain that Hanno has a measure of what's acceptable and will feature funnelling the calculations toward an acceptable range (at least for the Mozambiquean authorities) Have significant confidence here.

Last paragraph particularly! ---------- "In Mozambique, around 68 percent of the country’s estimated 30 million people live in widely dispersed rural areas making extending access to electricity difficult. The national grid infrastructure is extremely limited and increasingly struggling to cope with rising demand." "Hit with energy hunger, around 80 percent of Mozambique’s residents rely on biomass resources like wood, charcoal and leaves as their sole energy source for cooking and heating." "However, thanks to the ACP-EU project, in 2016 in Mozambique, a recently completed energy development project in that country focused on improving the access to clean energy in the country’s two districts, with the project aiming to provide solar lanterns to rural households, reaching 18,000 people." "But Mozambique’s widespread energy poverty happens against the backdrop of abundant natural resources in the Southern African nation, where in the past decade, significant coal and gas resources have been discovered"

Excellent article on energy poverty conditions. It shows how Mozambique and surrounding countries and region is desperate for electricity and power (discussing how with Mozambique they've found plenty of natural resources). Sits well with recent news on proposals for Mozambique the sell to Malawi and others. Mozambique don't have enough themselves, wonder where the surplus will come from? Make no mistake, this is happening. https://www.indepthnews.net/index.php/global-governance/acp-group-of-states/1832-remote-areas-in-southern-africa-hit-by-acute-energy-hunger

...that should have read: Looking forward to beaching 6p. We were exceeded that months ago, well before this news. NOW WE KNOW the bids are in and that this is ON. Good luck folks!

Looking forward to beaching 6p. We were exceeded that months ago, well before this news. No we now the bids are in and that this is ON. Good luck folks!

Interesting comparison. Against GCM, unlike them (and I'm invested), we have full government backing. With us, its just about getting the deal done. Regarding Oracle, (now that's a name I hadn't heard in a while), not sure. But GE have recently delivered turbines to projects in Pakistan - which is an interesting connection. Once the JDA is signed off, we'll be way north of here. A fully signed JDA means were worth hundreds of millions. We also get back history costs, to the tune of tens of millions and any further percentage above 60% taken up by GE-CMEC adds even more to our coffers. Will be interesting to see if GE-CMEC want to keep us or will buy us out.