Member Info for stevenc72

But i wish the next 2 months would just be over! Big, big things happening here! In 'til the end. 10 bagger from here IMO, within 12 weeks.

50k and 100k sells today (and yesterday) anybody? There are several of them. Cannot understand why they would be selling... anyone have any ideas?

End of May for FM approval End of June for tarrif approval End of July for JDA sign off Financial close thereafter All detailed in RNS

Only 4 trading days left to month end! Interest gaining. FM approval confirmation this month and the deal is well and truly on IMO. Slam dunk. Game changer.

Thanks JD. If this gets to 75p, I promise i will buy you a shandy. Fosters and RWhites to, no messing about! I probably hold a lot less shares than many on here but still enough to make a difference.

From twitter so no credit for me......... "What is $400m for 20% of 1050MW converted to 60% of 300MW with x 6 scalability to 1800MW? Would somebody help me as my calculator must be broken. I keep coming up with a like for like valuation of the #nccl power project of $571m per 300MW, which is totally ridiculous of course." Can anyone better at maths than me verify? If correct, this has to be one of the biggest deals on AIM. Why would they leave NCCL as the biggest shareholder in the project? Ridiculous. Buyout cannot be ruled out IMO but at what price?

I doff my cap to you sir. That is great research. I cannot wait for the RNS at the end of July telling us exactly what is going on. For me, the financial model approval is a no brainer as is the improved tariff, taking into account the efficiencies and VAT reduction. The only question that remains is how much of NCCL they want and for how much. In any case I suspect it will be north of 7p. 10x? We will know in approx. 9 weeks. Did someone historically indicate 20p for every 10%? Was this from a broker note? Time for a beer.

Like a coiled spring....

but the next news should see us comfortably past that and only 7 trading days to wait. If the financial model is sound, and given the recent VAT reductions, I suspect the tariff envelope will be very competitive.

The revised expected Project timetable is as follows: End May 2018 - Completion of EPC and O&M proposal review. Update of integrated financial model. End June 2018 - Present updated tariff envelope to MIREME and EDM End July 2018 - Execution of JDA Nothing more than the orderly close out of an already agreed deal IMO! 30p in a couple months...

"The Company continues to focus on the necessary investment conditions to agree and finalise the JDA. The Project remains one of the most developed coal fired power projects in the region with an estimated total cost of US$1 billion, and will provide power to Mozambique over a 25 year period. Since signing the Non-Binding Offer ("NBO") in November 2017, a number of significant milestones have been completed, including the updating of the financial model for an integrated power plant and mine project, which is demonstrating improved economics and returns. The JDA work program and timetable has been updated to reflect a more detailed set of deliverables that have been agreed between the parties and resulted in an extension to the delivery dates for the EPC and O&M binding bids as well as the JDA. The Company believes it has identified the correct partners to deliver the Project and is focusing all resources on successfully completing the JDA process." Ncondezi Non-Executive Chairman, Michael Haworth

What sp do you expect on JDA Dandy?

Every little helps! Strong, strong buy!

What share price do people anticipate? Interested in others thoughts... ... and don't want to sell too early!

Great find on the article CF73. All pointing towards a positive outcome for shareholders here in my opinion. Good Luck All

Thanks 1750

Welcome to NCCL Jack. Why don't you post 'I hope I can convince people to sell so I can get in cheaper' and at least be honest. Strong Buy.

Thanks

Does this the up with the comments on twitter I made previously regarding "11p being paid behind the curtain?" I am still trying to work that out!

And RNS! Clear, concise and indicating the project is very much all systems go! A reduced financial tariff to be offered. Offer accepted. JDA signed. Happy days. Great update.