Saturday, 10 June 2017

Ncondezi Energy . From mouse to lion ?

Basically valued at £30 million pounds through alleged discussions and almost agreement with the Japanese giant .
Directors waive fees for shares one would presume a good sign .
Will it ever come to fruition ?
12p is logical on first agreement .Then 60p will be the target over the next few years. IF ........
Passing the 4.2p level will be a huge indicator that good news will fall for this little minnow.

Question. Should you trust this Board ?

On this occasion one feels their actual cash backing gives a clue , albeit nothing should ever be taken for granted on Aim .

In my experience and that is an ever increasing circle , one feels that this mob may have changed their spots and the future has promise .

Targets remain in tact.

Best of Luck

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