Member Info for CF73

Demand is there, everywhere for #NCCL power. Lesotho drawing power out of Mozambique while Moz remains with only 44% connected.

The need for grid scale solar and conventional is clear. Solar opening the way for #NCCL. Updates on its large 300MW Solar project (with 3 x 500MWS potential) due soon.

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‘Lesotho [..] constructing big dams to export water and generate electricity.’

‘[..] because we do not generate enough for our own use, during peak periods we import five percent of our needs from Mozambique’

https://www.herald.co.zw/countries-share-experiences-on-energy-security/

HUGE regional energy demand & markets. But where's the new energy coming from?

Moz itself short on supply to own people, with inly 44% of its folks connected and many on unreliable sources. Moz and regional neighbours all need more power and baseload too. Solar eminetly investrable in an area with HUGE growth potential (is why NCCL have dientified 3 x 500MW preferred sites!)

#NCCL

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'Zesa strikes 300MW deal'

'Zesa internal document showed that the power utility will import 300MW from Mozambique and South Africa'

https://www.theindependent.co.zw/2022/07/22/zesa-strikes-300mw-deal/

300MW Grid Scale Solar (with more potentially) makes this a no-brainer.

Market cap stil only £5m.

#NCCL 300MW Grid Scale Solar Project, a major derisking event, with 1500MW Solar potential identified in concession area!

Solar, proven approach, with widest possible support (from environmental groups to state to funders i.e. no blockages), in region with huge demand/ awaiting markets. Add to that, strong state support.

In other words, a massive growth area with no hidden dangers, no drilling for oil with the chnace of finding none; no drilling for minerals with the danger not good enough quality; the land is there (the concession area). Funders will fund, larger investors will invest comfortably.

Completely investable. LOW Risk, MASSIVE UPSIDE!

Free float reducing all the time with BUY orders in the background.

Solar project is a major derisking event.

#NCCL News of Grid Scale Solar Project now getting out and being covered.

See this article from yesterday:

'Feasibility study launched for 300MW solar-plus-storage project in Mozambique'

https://www.energy-storage.news/feasibility-study-launched-for-300mw-solar-plus-storage-project-in-mozambique/

Really is an excellent, informative post Hammerphil.

#NCCL Grid Scale 300MW Solar Project is a BIG derisking moment. Solar hugely investable with demand/market growing!

Also, possibilities for solar at the site is HUGE. Once again, from the RNS:

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'Ncondezi concession area with 3 preferred sites of c.500MW generation potential each already identified'

https://www.londonstockexchange.com/news-article/NCCL/solar-project-fs-launched-with-target-npv-60m/15541700

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Market Cap only £5m, with the upside still mostly in play (just take a look at te SP/ Market Cap before the news landed).

Expecting a rebound soon.

#stockstowatch #stocks

PFS on the Grid Scale Solar Project already done, meaning projects already advancing well. Then only 4 months to completion of FS. So not long to wait till next key bit of news and further rises.

Current market cap still representing huge upside value..

#NCCL Market Cap c.£5m only with huge 300MW Grid Scale Solar Project Feasibility Study commencing, and BIG NPV numbers. Just 4 months to complete Feasibility Study. First power to grid c.2024.

Major investment opportunity from these levels and derisking of company and investments so far.

Timescales to increasing shareholder value shortened, via solar power which is eminently investable (and has huge suport on Mozambique), where there is still massive generation and connecitivity deficit in Mozambique, in neighbouring Malawi and across the Southern African Power Pool (SAPP).

This one can and will happen, with news in short order!

By comments of trusted LTHs who attended the Q&A, the coal to power project remains in play. Is worth remembering that Scott Fletcher (a non-Exec Director) recently bought another 5million shares, taking is holding to 19.92%.

Extrader, was posting an article published as recent as May 13th, 2022. Looking at it again, it does contain that error around the project coming on line 2023. That was the original plan. However, the article has not amended those details. Is a copy and paste. By what little info is out there, we see that the proect is 'expected' to come on line mid-2025. This below article from late last year is more insightful and realistic:

https://africaoilgasreport.com/2021/09/power-deficit/proposed-300mw-coal-power-plant-in-mozambique-moves-to-financial-close/

Very useful article. Heading in the right direction.

This is another article carrying basically the same story.

https://www.forumchinaplp.org.mo/ncondezi-intends-to-set-up-solar-project-at-power-plant-built-by-chinese-group-in-mozambique/

'The company Ncondezi Energy announced on Monday that it intends to launch a solar power project at the coal-fired power plant in Tete province, Mozambique, developed in conjunction with the Chinese group China Machinery Engineering Corporation (CMEC).

According to Ncondezi, the area has abundant resources and is suitable for developing solar energy projects. Also, Ncondezi will continue to work with CMEC in terms of the development of the coal-fired power station.

In 2019, CMEC won the contract to build the power plant with a generation capacity of 300 megawatts in the initial stage in Mozambique. It is expected that the power station will be put into operation in 2023, with a total installed capacity of 1,800 megawatts, whose electricity produced can be exported to South Africa and Zimbabwe.,

Most of the traders will be long gone when this concludes - and conclusion is nearer than many think. I'll add, that my target price is way higher than most traders are playing for.

On project timing, this article is offers key insight:

https://africaoilgasreport.com/2021/09/power-deficit/proposed-300mw-coal-power-plant-in-mozambique-moves-to-financial-close/

BUYs picking up again!!

Going to be a solid close...

LTHs calculate that >70% of stock in tight hands (41.74% just with the four significant shareholders listed on the website; then quite a number of LTHs).

Free float decreasing after the news, also.

Rememebr this artcile folks? (A must read!)

https://africaoilgasreport.com/2021/09/power-deficit/proposed-300mw-coal-power-plant-in-mozambique-moves-to-financial-close/

#NCCL Recent news pointing strongly to shift in fortunes. First Grid-level solar development. Now Scott Fletcher BUYing 5million shares, taking holding to c20% of stock. Why do that if company/ project a dud? Market likes this Director BUY. But which of today's traders will be there at the end where the BIG bucks are made?!

That should've read

Where the Mozambican power system master plan states upwards of 1200MW of power generated by Tete derived coal (Tete is where NCCL is based, where there is no other coal power project in sight!)

Good to have you on board Mick123

Real/ true value here is way above here. The Ncondezi power project is a priority project in Mozambique/China BRI cooperation. The project is BIG and involves significant global level partners, from CMEC to General Electric, as well aa AFC, EDM etc

Billion$$$ project, scalable from 300MW to 1200MW. Where the Mozambican power systrs upwards of 1200MW of power generated by Tete derived coal (Tete is where NCCL is based, where there is no other coal power project in sight!)

BENJAN1, good to have you back posting. Keep them posts coming!