Member Info for chrishutch

Part 2

The Mozambique Gov has said that they want to be able to provide energy to all by 2030 and providing energy in line with the GOV targets by 2023. Ncondezi is the favoured company and selected as a priority infrastructure project for Mozambique.
The power plant is in line with the most stringent emission standards using state of the art technology that will reduce local air pollutants and minimizing the plant’s impact on the environment.

In addition to this in 2019 the company announced its first investment into a joint venture, off grid solar battery project. The move into the C&I solar and battery storage sector offers a significant opportunity for the Company to complement the existing large-scale baseload power project and access near-term low-risk annuity income streams which have significant growth potential.

The board are dedicated and driven to achieve success with this project and are also aligned with shareholders in a number of ways. They recently took major shareholder and investor Scott Fletcher onto the board as they had realised that shareholders are not realising the potential of the company. In addition to this they hope to high light the company further with more PR, more shareholder meetings and a more dynamic approach so that new retail investors can understand the potential here.

There is a tiny amount of shares in issue 366m shares and a huge amount are sticky with major investors and large amount held by long term retail investors, as a result the share price fluctuates about on low volume. I say this because it would take very little buying to push the price higher.

But the point of my post is not to sell it to you but to get you to look at the project and do your own research, I might be wrong, look at the website, look at the interviews, the RNS, social media sites and then come back and share your thoughts.

I think the price could and should be in double figures and could very well be a lot higher in the not too distant future.

Part 1

LOOK at Ncondezi (NCCL) while it still trades at low price. It should and could be trading at much higher prices very soon.
Market capitalization: £21 million

$21million minimum is agreed and being paid to the company in back dated historic costs and on top of that they will get potentially another $5.6m in historic costs. Then there is the subscription fee and about another 2-5% of this entire figure in the form of a developer’s fee to come to the company.

This alone makes the market cap look low and I think some have read the words cost and fee and assumed the monies were out bound they are inbound.

The Ncondezi project is about to get its commercial tariff agreement which has been being negotiated for a life time but now should be arriving in the next couple of weeks. This is what we have been waiting for and is a green light to the project and the start of a new beginning! It should be the start of a rerate in share price as NCCL trading at 5 and half pence is undervalued in my view.

I encourage others to look at the projects and do their own research and see what values they think a project like this should be worth. What is the coal worth? What is the project worth? What is being able to be part of a project like this worth? It is going to become a huge asset with huge rewards not only for shareholders but also the people of Mozambique.

Ncondezi is an African power development company with an advanced staged, integrated 300MW thermal coal power plant and mine project. This large scale project will be developed in phases; starting with a 300MW integrated mine and power plant but has the potential to expand to an 1800MW power plant. The Power DFS was conducted by Parsons Brinckerhoff and independently reviewed by STEAG, one of Germany’s largest electricity producers, from an operator’s perspective.

NCCL are supporting Mozambique’s energy strategy which in itself is huge as only 30% of the population currently have access to energy. NCCL will bridge the gap in infrastructure in the region and serve as a catalyst to bigger economic development.

NCCL will provide reliable, affordable 24 hour power to the grid. Buying here now is getting involved with something that gives you a warm glow and will dramatically change lives across the region. It is an opportunity in my view and that is why there are a number of strong partners involved or ready to be involved with the project. Including their lead development partner China Machinery Engineering Corporation and General Electric are likely to be the technology partner.

I also understand that the company is likely to attract further investment from the China and it would not surprise me if a bid from the Chinese for the entire project was made at some point or if not all then part of the project could be sold at a huge premium, this of course would benefit shareholders and has been mentioned in meetings.

Going to repost as I was not very clear there at all.

Actually, the addition $5.6m is part of the historical costs and the subscription fee and developers fee are in addition.

Lol this board is about opinion and as long as it is in line with the rules all opinion is allowed. It does however seem that the opinion here seems to be shifting to the positive side which pleases me.

Twitter followers don't pay the bills haha, collect pounds not followers, but we can share twitter handles haha

https://twitter.com/MrChrisHutch

Part 2

The Mozambique Gov has said that they want to be able to provide energy to all by 2030 and providing energy in line with the GOV targets by 2023. Ncondezi is the favoured company and selected as a priority infrastructure project for Mozambique.
The power plant is in line with the most stringent emission standards using state of the art technology that will reduce local air pollutants and minimizing the plant’s impact on the environment.
In addition to this in 2019 the company announced its first investment into a joint venture, off grid solar battery project. The move into the C&I solar and battery storage sector offers a significant opportunity for the Company to complement the existing large-scale baseload power project and access near-term low-risk annuity income streams which have significant growth potential.
The board are dedicated and driven to achieve success with this project and are also aligned with shareholders in a number of ways. They recently took major shareholder and investor Scott Fletcher onto the board as they had realised that shareholders are not realising the potential of the company. In addition to this they hope to high light the company further with more PR, more shareholder meetings and a more dynamic approach so that new retail investors can understand the potential here.
There is a tiny amount of shares in issue 366m shares and a huge amount are sticky with major investors and large amount held by long term retail investors, as a result the share price fluctuates about on low volume. I say this because it would take very little buying to push the price higher.
I think the price could and should be in double figures in the not too distant future and could very well be a lot, lot higher in the not too distant future.
But the point of my post is not to sell it to you but to get you to look at the project and do your own research, look at the website, look at the interviews, the RNS, social media sites and then come back and share your thoughts.

Part 1

LOOK at Ncondezi (NCCL) while it still trades at low price. It should and could be trading at much higher prices very soon.

Market capitalization: £21 million

$21million minimum is agreed and being paid to the company in back dated historic costs and on top of that they will get $5.6m as a subscription fee and about another 2-5% of this entire figure in the form of a developer’s fee.
This alone makes the market cap look low and I think some have read the words cost and fee and assumed the monies were out bound they are inbound.

The Ncondezi project is about to get its commercial tariff agreement which has been being negotiated for a life time but now should be arriving in the next couple of weeks. This is what we have been waiting for and is a green light to the project and the start of a new beginning! It should be the start of a rerate in share price as NCCL trading at 5 and half pence is undervalued in my view.

I encourage others to look at the projects and do their own research and see what values they think a project like this should be worth. What is the coal worth? The project worth? What is being able to be part of a project like this worth? It is going to become a huge asset with huge rewards not only for shareholders but also the people of Mozambique.
Nocondezi is an African power development company with an advanced staged, integrated 300MW thermal coal power plant and mine project.

This large scale project will be developed in phases, starting with a 300MW integrated mine and power plant but has the potential to expand to an 1800MW power plant. The Power DFS was conducted by Parsons Brinckerhoff and independently reviewed by STEAG, one of Germany’s largest electricity producers, from an operator’s perspective.
NCCL are supporting Mozambique’s energy strategy which in itself is huge as only 30% of the population currently have access to energy. NCCL will bridge the gap in infrastructure in the region and serve as a catalyst to bigger economic development.

NCCL will provide reliable, affordable 24 hour power to the grid. Buying here now is getting involved with something that gives you a warm glow and will dramatically change lives across the region. It is an opportunity in my view and that is why there are a number of strong partners involved or ready to be involved with the project. Including their lead development partner China Machinery Engineering Corporation and General Electric are likely to be the technology partner. I also understand that the company is likely to attract further investment from the China and it would not surprise me if a bid from the Chinese for the entire project was made at some point or if not all then part of the project could be sold at a huge premium, this of course would benefit shareholders and has been mentioned in meetings.

Looking a lot more promising isn't it.

Looks like someone wants shares and hopefully they will have to take it higher to get them.

Good post APD708.

That is a great tweet Laptop15. Always nice to see people who put effort in and who believe in their investments!

Surely! I am surprised this is not in the 6s.

Looks like this will move up.

And a new general manager.

Morning all.

haha! Mine was a supermarket shop delivery. Them deliveroo guys deserve a medal for driving around dropping food off especially last night! We have banned ourselves from takeaways at the moment, last year we comfort ate too many.

I said to the missus just now, I wonder how MaxCady will manage to squeeze a negative thread title into this? And boom he managed it. Watch him squeeze another one in now.

Sorry Pecten11 I am not at my desk, food delivery, but the website has more info on it now.

https://www.vastplc.com/operations/baita-plai-polymetallic-mine/

Based on an assumed copper metal price of US$6,655/tonne the initial mine production generates an in situ metal value of US$104,450,225* over the 3-4 year period

Agreed.

Current forecasts suggest Baita Plai will deliver surplus cash (after development costs) of ~US$9,410,000 during 2021

"Baita Plai is expected to be one of the lowest cost per tonne copper producers globally!"

Our time is coming! and there current forecasts suggest Baita Plai will deliver surplus cash, loads of it!