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Ncondezi Energy's main focus is to 'maximise value to shareholders'

Ncondezi Energy Limited's (LON:NCCL) Hanno Pengilly and Scott Fletcher talk to Proactive London's Katie Pilbeam about Fletcher's new appointment to the board. Fletcher says, 'I have been investing in AIM since a teenager and I am hoping to bring some of that experience to the board'.

Pengilly explains when investors might be expecting CMEC to conclude their review of the historical costs and the market study to be finalised and submitted.

There has been some uncertainty in the market around GE’s position which he says 'is not seen as a material risk by the company and if it was we would need to announce it immediately.

Quick facts: Ncondezi Energy Ltd

Price: 4.7 GBX

AIM:NCCL
Market: AIM
Market Cap: £17.22 m
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Ncondezi Energy agree US$21mln in reimbursements for development costs with CMEC

Ncondezi Energy Limited's (LON:NCCL) Hanno Pengilly talks to Proactive about the historical development cost reimbursement negotiations with China Machinery Engineering Corporation (CMEC). These costs are for the work on the integrated Ncondezi 300MW coal-fired power project and coal mine in...

on 5/1/21

2 min read