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Ncondezi Energy's Hanno Pengilly updates on submission of formal power tariff

Ncondezi Energy Ltd's (LON:NCCL) Hanno Pengilly speaks to Proactive after announcing the submission of a tariff proposal to the Mozambican Government and state-owned Electricidade de Moçambique (EDM).

He says the move represents the last milestone to start formal tariff negotiations with EDM, which will be completed in the second quarter.

Quick facts: Ncondezi Energy Ltd

Price: 3.7 GBX

AIM:NCCL
Market: AIM
Market Cap: £12.92 m
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Ncondezi Energy CEO says immediate funding risk removed and focus now is on...

Ncondezi Energy Ltd's (LON:NCCL) Hanno Pengilly speaks to Proactive's Andrew Scott following its £650,000 fundraise. He says the company now has sufficient funds to see it through to the end of the year and is well positioned to execute on its core work program.

2 weeks ago

2 min read