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    NCCL   VGG640631039

NCONDEZI ENERGY LIMITED

(NCCL)
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Ncondezi Energy Limited Provides Project Update

05/19/2021 | 02:00am EDT

Ncondezi Energy Limited provide an update on the integrated Ncondezi 300MW coal fired power project and coal mine in Tete, Mozambique (the "Project"). Ncondezi and their partners continue to await formal feedback from Electricidade de Moçambique ("EDM") and the Government of Mozambique following submission of all agreed studies in December 2020. Engineering, Procurement and Construction ("EPC") power plant contract with China Machinery Engineering Corporation ("CMEC") nearing completion. Approval received from relevant parties, including EDM, to conduct further work on optimised transmission integration solution, which is expected to further reduce costs.


ę S&P Capital IQ 2021
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Financials (USD)
Sales 2020 - - -
Net income 2020 -2,81 M - -
Net Debt 2020 4,16 M - -
P/E ratio 2020 -6,67x
Yield 2020 -
Capitalization 8,61 M 8,64 M -
EV / Sales 2019 -
EV / Sales 2020 -
Nbr of Employees 4
Free-Float 67,4%
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Number of Analysts 0
Last Close Price 0,02 
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Managers and Directors
Hanno Crosland Pengilly Chief Executive Officer & Executive Director
Michael John Haworth Non-Executive Chairman
Christiaan Ernst Schutte Chief Operating Officer
Aman Sachdeva Non-Executive Director
Scott Jonathan Fletcher Non-Executive Director