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Ncondezi Energy Ltd (NCCL) Ord Npv

Sell:5.50p Buy:5.70p 0 Change: 0.45p (8.74%)
Market closed Prices as at close on 13 November 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:5.50p
Buy:5.70p
Change: 0.45p (8.74%)
Market closed Prices as at close on 13 November 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:5.50p
Buy:5.70p
Change: 0.45p (8.74%)
Market closed Prices as at close on 13 November 2019 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Ncondezi Energy Limited (Ncondezi) is a power development company with an integrated thermal coal mine and power plant project located near Tete in northern Mozambique (the Ncondezi Coal Mine and Power Project, respectively). The Company operates through three segments: Mine project, which is involved in the exploration for coal and development of coal mine within the Company's license areas in Mozambique; Power project, which relates to the development of approximately 300 megawatts (MW) integrated power plant next to the Company's coal mine concession areas in Mozambique, and Corporate. Ncondezi is focusing on developing the projects in phases, subject to additional financing, with the first phase targeting approximately 300 MW and ultimately scalable to over 1,800 MW. Its subsidiaries include Zambezi Energy Corporation Holdings 1 Limited, Zambezi Energy Corporation Holdings 2 Limited, Ncondezi Coal Company Mozambique Limitada and Ncondezi Services (UK) Limited.

Contact details

Address:
Sydney Vane House, Admiral Park
TORTOLA
VG1130
Virgin Islands (British)
Telephone:
+ (0)
Website:
www.ncondezienergy.com/

Important dates

Future events
AGM 29 November 2019 29/11/19
Past events
Interim results 26 September 2019 26/09/19
Final results 28 June 2019 28/06/19
Annual report 28 June 2019 28/06/19

General stock information

EPIC:
NCCL
ISIN:
VGG640631039
Market cap:
£18.20 million
Shares in issue:
324.99 million
Sector:
Mining
Exchange:
London Stock Exchange
Currency:
Sterling pence
Indices:
n/a

Key personnel

  • Hanno Pengilly
    Chief Executive Officer, Director
  • Christiaan Schutte
    interim Chief Operating Officer

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by NBTrader.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.