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To the day, nice to see the selling continues. Can’t seem to get any upward momentum at all since the poorly timed placing.....
The SP can’t even hold 7p and folks are talking about 20p and 30p on JDA, total cloud cuckoo land.
Doesn’t look like it so far!
Because institutions/hedge funds have different risk strategies and some will be happy to take a guaranteed small percentage, rather than wait for something that may or may not happen
Let’s be honest it’s obviously another batch of the placing shares being sold!
Probably said it at New Year and Christmas as well.....lol
Didn’t you say that for Easter.....lol
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation) 1 Details of the person discharging managerial responsibilities/person closely associated a) Name JAY BHATTACHERJEE 2 Reason for the notification a) Position/status DIRECTOR b) Initial Notification Amendment NO 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name AMINEX PLC b) LEI 635400CSEBJAYPUUFC95 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument Identification code ORDINARY SHARES OF €0.001 EACH b) Nature of the transaction PURCHASE OF ORDINARY SHARES c) Price(s) and volume(s) Price(s) Volume(s) STG 1.02 PENCE 484,376
Good to know Hanno has looked after his little brother at the expense of shareholders!
It doesn’t take a genius to work out the sells are coming from the poorly timed placing, which has succeeded in preventing any rise into JDA news!
So it appears not all the placing shares were in sticky hands as claimed by most!
Nice to see Hanno keeping it in the family with this deal! Hope his brother is legit!!!
1750mk1, based on your analogy, wouldn’t you get ****ed off and find another house if you still hadn’t moved 9 months later? ;)
Had to release it before meeting his Twitter chums for dinner, looks like Hanno will need to foot the bill ;)
More fool me, I never sold out Just knew Hanno would kick the can again
Agreed it’s a good update, just the market doesn’t like the timetable.....at least we can all switch off until after Easter now
The Twitter gang check what time Hanno is going tonight, as I’m guessing he will be late....
RNS Number : 4814T Ncondezi Energy Limited 20 March 2019 News Release JDA Update 20 March 2019: Ncondezi Energy Limited ("Ncondezi" or the "Company") (AIM: NCCL) provides the following update on the process to conclude a binding Joint Development Agreement ("JDA") for the Company's integrated 300MW power and coal mine project in Tete Mozambique (the "Project"). Following the announcement on 28 February 2019, the Company is making good progress in finalising the binding JDA with its potential strategic partners. JDA documentation has been reviewed and commented on by all parties, and there is an understanding of the outstanding drafting that needs to be agreed. The Company believes the current JDA draft to be in advanced form and following meetings held earlier today with the Company's potential strategic partners, the parties have agreed to work towards fully executed documents before the end of April 2019. Progress on the JDA follows the achievement of a number of Project milestones, including: · Financial model update completed with engineering, procurement, and construction ("EPC") and operations and maintenance ("O&M") contract proposals from potential strategic partners; · submission of updated power tariff proposal to Electricity de Mozambique ("EDM"); · receipt of Letter of Support for the Project from Mozambican Ministry of Mineral Resources and Energy ("MIREME"); · sign off on the Project work program and timetable from the Liaison Committee, setup and chaired by MIREME; and · confirmation from the Company's strategic partners to proceed with final negotiations to conclude the JDA. The JDA is expected to formally set out the terms on which the Project will be developed, funded and operated by all parties. At this stage, the Company does not expect the terms of the JDA to materially differ from those outlined in the signed Non-Binding Offer, announced on 20 October 2017. Key terms expected to be covered in the JDA include: · Project equity ownership structure · Project investment structure · Project management and budgeting process Once executed, the Project development program will focus on delivering the key milestones to achieve first power on the grid in 2023. This process is expected to start with the submission of a final tariff offer to the Liaison Committee and EDM for review and approval, which the parties are looking at fast tracking with the existing EPC and O&M proposals. Following this, the Company expects to formally enter into Power Purchase Agreement ("PPA") and Power Concession Agreement ("PCA") negotiations with EDM and MIRIME respectively. The two agreements represent the final commercial negotiations before the Project enters the project financing phase, which is followed by commencement of Pr
He was a legend as a player, awful as a manager
LOL nice one coco, if I spent all my money on signed photos of Forest managers, I would be skint the way we sack them. are the fancy dress costumes optional?