Last week we updated, concluding at around the circa 8p levels that shares in Ncondezi Energy (NCCL) remained a speculative buy. Now a “signs JDA with CMEC and GE” announcement…
A “Shareholder Loan Conversion” announcement has followed results from Ncondezi Energy (NCCL)…
Ncondezi Energy (NCCL) has announced it has raised £1.88 million at 6.5p per share and “entered into a term sheet with GridX Africa Development, an African power developer, enabling it to enter into a Joint Venture focused on building and operating captive solar and battery storage solutions for the African Commercial and Industrial sector”…
Writing yesterday on Ncondezi Energy (NCCL) I noted its “Project and Funding Update” including even “sufficient funding until the end of May… subject to the extension of the Shareholder Loan repayment date”. We now have a “Shareholder Loan Extension” announcement…
Shares in Ncondezi Energy (NCCL) are currently more than 30% lower on the day, at around 2p, on the back of a “Project and Funding Update”…









