Member Info for CF73

#NCCL HUGE prospects and upside potential!

- 5000MW + Solar Project

- Off-takers engaged!

- News in weeks! (End of October, for Feasibility Study completiion and results)

- Market Cap just £4m, when
'Ncondezi should be one of the most valuable companies in the Southern African Development Community'
https://www.thearmchairtrader.com/ncondezi-share-price-nccl-30sep22/

---- That's what I call upside!
#StocksToBuy #Stocks #StocksToBuy #stocksinFocus

On a Grid Scale Solar project, with all of this:

- 5000MW + (the plus is in the RNS, meaning potentially more!)
- Already talking to off-takers!
- Low Risk/ High Investability and Confidence, with funding easliy securable IMO
- Large Institutions who were previous holders very possibly to return to the table, for Solar
- Moz State supportive

- Market Cap still only £4m.

When

- '...estimated pre-money NPV between US$60m and US$65m, and fully diluted cash flows to Ncondezi of between US$130m and US$180m over a 25 year period for a 300MW plant.'
---- And we talking potentially over 5000MW!
---- First power/ coming on line 2024.

End of Month, News due on completion of the Feasibility Study, so within weeks!

Chariman's Comment, from the Interims:

"Initial results from the Study have confirmed that the target project location within the Company's existing mining concession in Tete, Mozambique, has excellent solar generation resources with no immediate red flags identified. The Study is expected to be completed at the end of October 2022, targeting a market leading power tariff offering for the region. We believe that should it proceed, the Solar Project would be one of the largest solar PV projects undertaken in Mozambique to date and expect the project to be uniquely positioned in the market, able to scale quickly and take advantage of economies of scale. In addition, we expect the Solar Project to deliver a low cost accelerated development programme to financial close, achievable through leveraging existing advanced stage development work from the Company's Ncondezi Project. Planning for success, there is a clear roadmap for delivery of power onto the Mozambican Grid in 2024 which is exciting. "

Excellent post Benjan1.

Worth remembering that while the coal project remained uncertain, Moz authorities were supportive of 'alternative uses' for the site ie. turning out to be solar. Worth adding further, the company is talking to off-takers already and will have more to report later this month, following complestion of the Feasibility Study for the Grid Scale Solar Project (i.e. 5000MW!)

Good article showing the significant prospects & upside at #NCCL

SP remains hugely undervalued after excellent RNS on initial FS results for the Grid Scale Solar Project. While pointing out the challenges/ risks, the article also captures a great sense of the possibilities with this stock. The Upside is significant, especially with solar being low risk/ high confidence and investability. This, in a country where only 41% of the domestic population is connected and where the wider Southern African Region beyond Mozambique is in a similar if not worse position, and actively looking to import from Moz.

Remembering Solar Project us 5000MW and they are already talking to off-takers!

This from the article captures the potential here. Now is the time to be getting in/ adding and holding.

-----

'[...] Ncondezi should be one of the most valuable companies in the Southern African Development Community'

https://www.thearmchairtrader.com/ncondezi-share-price-nccl-30sep22/

Correctiion:

Market cap now £4m, with 5000MW on the table and already talking to off-takers! This has got to be time to get getting in/ adding and holding, with only a month to go before Completed FS news.

Shareholder; Shares; Percentage held of stock held.

Scott Fletcher; 81,823,020 shares; 19.92%

Africa Finance Corporation; 54,988,520; 13.39%

Michael Haworth; 16,759,462; 4.08%

Mrs & Mr Weatherhead; 14,183,559; 3.45%

Total percentage of stick held by these four parties: 40.84%

https://www.ncondezienergy.com/significant-shareholders/

Then add quite a number of LTHs, with sizeable amounts (i.e. millions held by each).

My guess is, c.70% of the stock is held in tight hands. Free float of c.30%.

Market cap now below £5m, with 5000MW on the table and already talking to off-takers! This has got to be time to get getting in/ adding and holding, with only a month to go before Completed FS news.

Note: Polenergia, is an Institutional investor – Poland’s largest private energy company – held c.7% before exiting coal. They may well be coming back to the table, given the Grid Scale Solar Project!

Scott Fletcher has 81,823,020 shares, constituting 19.92% stock. He is a multi-millionaire and is fully committed. AM comfortable that, between them, they will sort a loan.

jdt, that section of the quote is standard. An investor of your calibre knows this already. All forward looking statement around such things as fnances, transactions and timelines etc have to be accompanied with this. What we know for sure is tha company has a demonstrable track record of securing support from Board in the form of loans and getting further support in the restructuring of such loans, if/ when the occasion arises.

A trusted LTH posted elsewhere, this segment from the RNS

“The Board is confident a funding solution will be finalised as the Company has a successful track record securing funding through debt and equity from its supportive Board, management team and shareholders [...]”

Also liked this bit

"Like this also

"The Solar Project will look to supply power into the Mozambican northern grid, which is a generation hub for Mozambique and the broader southern African region. Discussions with potential off-takers for the project's power have already started and we are reassured by the calibre of the parties engaging with us."

Good luck folks!

The drop makes for great point to be getting and/ or adding.

Good luck folks!

On the solar project and the further FS work to October:

"The Study is expected to be completed at the end of October 2022, targeting a market leading power tariff offering for the region. We believe that should it proceed, the Solar Project would be one of the largest solar PV projects undertaken in Mozambique to date and expect the project to be uniquely positioned in the market, able to scale quickly and take advantage of economies of scale. In addition, we expect the Solar Project to deliver a low cost accelerated development programme to financial close, achievable through leveraging existing advanced stage development work from the Company's Ncondezi Project. Planning for success, there is a clear roadmap for delivery of power onto the Mozambican Grid in 2024 which is exciting."

That was an excellent RNS. It was a heads-up in what is to come. The current market cap sits below £5m. When we looking at potential of 5000MW and more; when we have very good numbers on the 300MW alone (and the scale up to 5000MW!); when we are already talking to offtakers; when some of the previous large institutional investors are expected to return to the table; where the market is HUGE, proven and waiting; where sloar presents low risk, high confidence and investaibility; where the 5000MW + is approx 3 x larger than the proposed 1800MW Coal Plant.

26% drop in SP on the back of a good RNS, in my view. Unwarranted. However, for those that can, is a great opportunity to be loading up/ adding and holding.

Good luck folks!

Is clear there are some BIG BUY Orders in, from parties that have deep pockets and sway with brokers/ MMs. Can't buy in quantity but can sell big.

Soaking up big sells but not allowing buying in quantity

MMs trying to kill demand for large BUY orders. Someone who's bought 305, 000 shares earlier just sold them at a loss.

This is a massive project and the backing is there!

Agreed Lucro!

Good to have you posting!

Large BUY orders in again°

Can't buy. Going NT.

Small free float now beginning to take effect!