Member Info for vonccf92

Thanks MT for sharing this insight, its much appreciated
I'm outta here, GLA but i can't be taking these sorts of risks.

Anyone got an idea of whats going on? Presumably something on the test and/or mining license

Very doubtful about these timings.....all this good news is unlikely to come at once, and anyways, we still havent had clarity on one of the key risks thats arisen this past year regarding the withdrawal of GE

Think we have to admit 2020 is probs over for NCCL. Lets bring on 2021 and exciting news on tariff etc.!

seen this before.....bet we'll see 3.50 soon before going all the way up again

How involved are Polenergia still? I just read that Brookfield Renewable is buying them and will commit to various wind and solar projects...not sure what that means for this, perhaps Brookfield have a conventionals arm?

When do we think news will arrive people?

Seen this so many times with NCCL...just as it gets exciting it all comes down again

Finally got out of this after a long time here which was disappointing but the GE news did not fill me with confidence....
However, I think there is great value here for more patient investors and I wish everyone luck

Hopefully just a few more days till the good news....good timing with vaccine news also

Election result looking very likely...good for ACP.
Suspect license granted around December or Q1 2021.

Patience required again....

With GE gone i think more likely CMEC takes 100% at some milestone in the near future. Thats fine by me, should command a decent premium

What are the other coal OEMs? Surely the pricing is relatively similar across the market. CMEC will have various suppliers they will use, and since they are majority owner of the project then i don't see why replacing GE with a supplier known to CMEC is a problem. Additionally, since finance is coming from China then the lenders will have experience with these suppliers

They must have seen this coming. I don't think its the end of the world and actually an opportunity to average further down. Moz has signaled their commitment to this project which is what we need.

Suspect people are excited to hear about site visit this week and then next steps to mining license

Very likely with the nature of these power projects. No benefit for CMEC in having NCCL in this partnership beyond FID. That is fine for NCCL, once there is revenue certainty the value of the project is pretty much fixed and its clear what price NCCL's stake should command.

Hmm...ok news, but the issue is that its unlikely that the license comes through pre-elections, which is always worrying due to the delays that will cause. I suspect mining license won't be granted till later in the year probably

Makes no sense to get so annoyed at this share. It will continue to take time, that is the nature of any development stage energy project especially in an unstable political environment. But if NCCL is able to agree the SHA TS, that is a great step in the right direction (you rarely sign an SHA TS without strong probability that it will actually). Tariff agreement, when that comes, will be huge, but wouldn't be surprised if that comes Q1 2021.

Not worth wasting time on this one

Agreed, all infrastructure projects of this sort in markets with developing regulation take time and are subject to delays. However, when there is explicit government support, these projects are normally realised eventually.