Member Info for CF73

That should've read: A sale price of £150million for NCCL may seem daft, given current SP and market cap, but not when you actually think about it.

I'm in a another share with similar prospects. There, a sale price of £250million would be reasonable following completion of a DFS. A sale price of £150million for NCCL may seem daft, given cu but not when you actually think about it.

Based on the news to date, of progress, with an eyes on some of the values involved (multi billion $$$dollar project, revenues $300million), the SP has much more to climb in the coming days. Wasn't expect it, but when the RNS landed this morning...sweeet!! Good luck to all the genuine holders and folks!

"It would appear we are stuck between a Roach an a hard place :)" ----------------- DD, that was funny! :D

What we're trying to achieve certainly with RHA is beyond the realms competency (and I mean in regards to NIEEF). That's about politics. A newly brought in 'competent' CEO doesn't necessarily have the knowledge and the links we need to move that forward. However long it's taking, you could imagine how much longer it would take otherwise

Competent doesn't mean they're equipped to cope with Zimbabwe. That was rather implicit if not self-evident in my post.

Laxey me ol mucker, I look for the letters NCCL :-)

Doesn't make sense to remove GR at this stage. Have said it before, as have others. It's difficult as it is. Imagine someone new trying to take on the Zimbabwean buerocracy? While this with GR is a grind, a new CEO right now would game over.

Badeli, believe your was repeated by LSE because it was that good ;-) On a seriouser note, in agreement that GE-CMEC want this and are playing ball. They have the funds and capabilities to realise this. And when you look at projected annual revenue - upwards of $300million - you can see why they're not messing around. They are in exclusive negotiations, meaning that as long as everyone does their job and plays fair, every involved party will come out of this having done very well. Beginning to feel more assured that as things are confirmed, we'll be ripe for takeover. At projected annual $300million revenue, we're talking 60p to 80p. All in my opinion.

Hanno has recently described this as a multi billion $$$dollar project, with projected annual revenues between $250million and $300million and that GE-CMEC are keen to move the project forward. The bids are in and under review yet our market cap is a only £13million? The upside is crazy and increasingly assured. Good luck folks!

Market will progressively wake up to this. It's one of the very biggest deals in the making on AIM and it is ON, completely :-)

Really pleased to see the update. Wasn't sure we would see one, even though Hanno said we would get one. Very pleased to see it this morning. Good luck folks!

Power required at home in Mozambique and in the wider region. Mozambique will be selling power on. The market's there in the doorstep. And this integrated multi-billion dollar project towers above the others for scale and economy. To produce between $250million and $300million annually. Partners,;GE-CMEC want to move the project forward, as do the Mozambique authorities. Folk should see recent RNS and podcast. Everything remaining on schedule, with everyone eager to progress the project. Added more yesterday. Will be adding more over the coming days.

True BryBags

That should've said, '...there aren't a huge number of shares in issue...' ...Only 265million...

The combination of the RNS and Podcast really sews it up for me. A great deal more was said in the podcast than in the RNS. It also conveyed a level of enthusiasm and excitement almost intentionally missing from the RNS. There aren't a huge number of issues. Once folk wake to up to this, it will fly -- a multi$$$Billion project (Hanno's own words) with expected revenues - depending where the tariff was signed off - in the order of $250million to $300million per year. This is serious! It'll be one of the biggest deals to be pulled off on AIM this year!! Hanno all said that GE-CMEC were keen to move the project forward.

Spoke to the company 10 odd days ago. GR not in London solely for the investor show. A number of other meetings.

Agreed Chippy. We're not in a great negotiating position (thankful we have no debt). NIEEF is crucial. Once that's out the way then we can move forward as RHA holds the key in the near term. Still a grind but there's three significant programmes of interest all due to progress this year.

Thanks for reports back from the investor event. Retain confidence it will come good but will be a grind. NIEEF is crucial in the near term. Circum IPO this is a big element too. Think the numbers for ZULU in terms of what a potential JV must be forward is reasonable. But still a grind in the meantime.

Think it's clear all parties want this and sense any disagreements would be overcome very easily. My aims to build up my holding here. This is a gift horse on an enormous scale.