CIC Energy Corp. (ELC.TO)

ELC.TO on Toronto Stock Exchange

1.28CAD
9 Feb 2010
Price Change (% chg)

$-0.02 (-1.54%)
Prev Close
$1.28
Open
--
Day's High
$1.30
Day's Low
$1.26
Volume
84,300
Avg. Vol
31,280
52-wk High
$3.20
52-wk Low
$1.26

ELC.TO

Chart for ELC.TO

About

CIC Energy Corp. (CIC Energy) is engaged in the development of two non-contiguous greenfields coal properties located in the Mmamabula Coalfields in Southeastern Botswana. The two coal properties and the proposed power stations are referred to as the Mmamabula Energy Project (Mmamabula or the Project). The two coal properties,... (more)

Overall

Beta: 1.04
Market Cap (Mil.): $67.29
Shares Outstanding (Mil.): 52.57
Annual Dividend: --
Yield (%): --

Financials

  ELC.TO Industry Sector
P/E (TTM): -- 9.48 66.10
EPS (TTM): 12.18 -- --
ROI: -4.28 10.95 5.37
ROE: -4.28 10.64 7.59
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Transkalahari coal line possible within 5 yrs -CIC

CAPE TOWN, Jan 27 (Reuters) - A railway line to transport coal from Botswana to a port in Namibia could be built within five years from now, in time to allow Canada-listed CIC Energy export part of its coal, the firm said on Wednesday.

27 Jan 2010

FACTBOX-Independent electricty projects in Africa

Oct 22 (Reuters) - Private power generation in Africa could be a quick and efficient fix to the continent's power woes as long as governments reduce red tape, up tariffs and put more than one electricity buyer in place. [ID:nLM519929]

22 Oct 2009

UPDATE 1-Eskom deal key to coal project funding -CIC Energy

* Hopes to sign purchase agreement with Eskom by March 2010

07 Aug 2009

CIC Energy can't fund coal project without Eskom deal

GABORONE, Aug 7 (Reuters) - CIC Energy said on Friday it could not raise funds for its Mmamabula energy project in Botswana without power purchase agreements with South African utility Eskom [ESCJ.UL] and the Botswana Power Company.

07 Aug 2009

UPDATE 2-CIC Botswana power delayed on lack of Eskom contract

JOHANNESBURG, July 17 (Reuters) - CIC Energy said on Friday the first power from its Mmamabula project could be delayed until early 2014 after it failed to conclude a purchase agreement with South African utility Eskom [ESCJ.UL].

17 Jul 2009

African private power firms seek more incentives

JOHANNESBURG, April 21 (Reuters) - African private power producers said on Tuesday they want new rules to provide them incentives to help plug a power deficit on the continent, including being allowed to sell power directly to end-users.

21 Apr 2009

CIC's Botswana power plant on track for 2013 start

CAPE TOWN, Feb 11 (Reuters) - A project by Canada's CIC Energy to build the first power station at the Mmamabula coal field in Botswana is on schedule to start operating by early 2013, the company president said. The power produced will supply Botswana's national electricity utility and South Africa's state-owned utility Eskom [ESCJ.UL], which is grappling with shortages.

11 Feb 2009

UPDATE 2-CIC's Botswana project could produce 6,000 MW

JOHANNESBURUG, Dec 4 (Reuters) - Canada's CIC Energy said on Thursday the Mmamabula coal field in Botswana has enough resources to produce 6,000 megawatts of power over 40 years.

04 Dec 2008

CIC says Mmamabula project can produce 6,000MW

JOHANNESBURUG, Dec 4 (Reuters) - CIC Energy said on Thursday its Mmamabula coal field in Botswana could produce 6,000 megawatts of power over 40 years.

04 Dec 2008

  Earnings  vs    Estimates

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