Member Info for EyeGuy

Tony- if you a measuring sentiment/interest then you have to look at volume. Volume was 22 million on Tuesday which is 10-20 times the norm.
Sentiment is here.

liquidity is there at the moment.
bit odd

Should be a lot more. But that’s not a reason to sell imo. Reason to add

pm709- its a day after the news. We could be looking at $25 million in back costs plus Subscription from GE and CMEC of $30 million plus. Against this mcap?? value will out and that's why im sticking with it,

perroverde- brilliant news pal.

Brilliant news. $25 million back. Plus the subscription price- ie what GE and CMEC have to lay for taking the 60%. That comes off the final funding requirements. Talk too of institutional investors.

Bloe did the same as this. Most of the rise did not happen on day 1

Address what pressure? Follow the money imo.
$600 million to this project from world players

From 2014 RNS. Bear in Mind this was based on different plant design and 30% stake but should be close to what we can expect.
“Based on the Board's current expectations of the key project assumptions detailed above, the projected average annualised EBITDA from the Ncondezi Power Project is expected to be c.US$130 million per annum (nominal terms) and estimated net equity cash flows are expected to be in excess of US$2 billion (nominal terms) over the 25 year life of the power plant.

Good post CF. This is not like your normal aim co.
You have 2 huge companies taking a big interest in this project. The metrics work for Ge and cmec to put $600 million in. Project level funding from a variety of banks, government and afc likely imo.
No death spirals and dilution imo.

Topsharepicks- look. It’s simple. GE and cmec have combined mcaps of $100 billion. They have done their due diligence over 18 months. They will invest $600 million for starters. They also have their own shareholders to look after. They are in it for themselves. If you were investing $600 million, would you invest it in a project worth £60 - 70 million. Because currently, NCCL’s sp is implying the project is worth that. But there is not a cat in hells chance that these 2 huge companies would invest this amount of money if the project was worth £60 million.
Only way forward here is a substantial rise in the sp to fair value.

I know for a fact that the sp was 2p. I remember someone buying at just over 1p

Don’t ask dan what he thinks. He was mocking me for buying this in the 5’s even though ave here is still probably under 3p. What a tool.
He missed out on BCN too. And I did ok on pfp. - got stick there too. What a wally lmao

Dan- personally don’t care what you say. Been here for years.

I think this will keep rising over next few weeks. People talk about risk on aim. This has been materially derisked. GE and CMEC investing circa $600 million for 60%. Don’t forget- they won’t be taking risks and it must be worthwhile investing this amount of money. They will want to see a substantial return to keep their own shareholders happy. I did think there would be some churn as some folks were paying 2p only 2.5 years ago.
Would think 15p this week is very realistic.
Current mcap of circa £30 mill for this plus back costs is totally nuts. But over next week or so likely it should get to a more realistic level

From memory I thought it was $60 mill total

Agree. Says it all that GE, from memory circa 200 in the list of most valuable companies on the planet are “willing” for NCCL to keep 40% of the Project. Someone suggested 10% carry.
It’s the biggest deal I’ve seen in years.

Riz- https://www.africafc.org/
In safe hands.

I’m second lol

Biggest shareholder is AFC. That likely is all part of the plan. AFC fund these types of projects