Enteq Technologies Share Discussion Threads

[p1nkfish] 22/1/2023 12:50

Site down all weekend.
Updating, hacked or server down?

[rivaldo] 20/1/2023 08:39

Good spot! That's pretty encouraging:

"SABER is a finalist for The Offshore Achievement Awards Emerging Technology category!

We are delighted that SABER is going to be recognised at these esteemed awards, alongside other leading innovations and companies working across not only oil and gas, but also renewables and other offshore industries. Congratulations to the other finalists and we can’t wait for the results on the night!

Discover why SABER was shortlisted: "

[mr doughnut1] 20/1/2023 05:57

May bring some wider attention https://www.linkedin.com/posts/enteq-technologies_the-saber-tool-rotary-steerable-system-activity-7021507697657221120-DSUC

[mjneish] 18/1/2023 21:41

Quick comment to a post from last month. The Bernoulli principle is most definitely real. Air flight depends on it. :)

[p1nkfish] 14/1/2023 17:54

The opportunity costs here has been massive. Once it moves convincingly through key levels that should change and new "cleverer" money arrive.

[valuehurts] 14/1/2023 16:15

I don't think they will give up at all. The key here is if we get diluted at a bad price or if they give up with a public listing and take the business private on the cheap. These possibilities are more likely if the tests have issues.

[1gw] 12/1/2023 10:09

Looks like they haven't given up yet. A couple of linkedin posts recently, including one from 2 days ago flagging an article in Geodrilling International. Presumably similar in content to the blog piece from November, but suggests they still think it's worth pushing forward with the marketing.

[valuehurts] 12/1/2023 00:59

As long as they don't come out and say that the drill needs more work. Better to just fix it and get it working. I dont fancy the share price going down 50 60 percent again unless v necessary.

[1gw] 11/1/2023 19:40

Looks to me like the listing has been changed again, to remove the price / link to the updated marketing memorandum. There is currently a cached version of the page (from early this morning) with the marketing flyer link, but it is not on the current version afaics.

Too much to hope that they've managed to close a sale to someone?

Also we're now in week 8 following the IMC presentation at which the "weeks not months" comment was made.

Must be a reasonable chance of an update on one or both of these things soon.

[valuehurts] 03/1/2023 22:54

Listed price for the Houston property is at 2750000 USD. https://www.loopnet.com/Listing/9302-Lambright-Rd-Houston-TX/26375259/

[p1nkfish] 30/12/2022 11:02

Let it be. Showtime soon, finally.
Management have a lot to lose if they screw up.
Not least personal reputation going forward.

[1gw] 30/12/2022 10:16

Is it going to be a few days between starting the test and publishing the results? I have no idea. Is it an independently run test with independently published results or is it their own managed test at an independent facility? If it is their own managed test then is there anything akin to the "peer review" process they would want to go through (or need to go through for external credibility) before publishing?

[valuehurts] 23/12/2022 23:20

Why do you want to hear that. a few days later you will get the results

[1gw] 23/12/2022 16:48

I would like to hear when they start the Norway test as I think this is an important milestone, especially given the apparent delays to this point.

How they then communicate results is a separate decision.

[valuehurts] 23/12/2022 14:07

You listening Andrew and David. If there is an issue sort it out in the workshop and get it running before doing an RNS... We only want to know of any failures if the Bennelli principle is as elusive in the real world as Pixie dust or the Loch Ness monster...

[valuehurts] 23/12/2022 14:03

I would rather they get it sorted sort out any issues and give us a great result than rush out any negative news. Our future wealth depends on this.

[p1nkfish] 21/12/2022 19:06

7 week 4 days is less than months. Probably take it to the wire.

[1gw] 21/12/2022 18:53

So 1 month tomorrow since the IMC presentation at which they talked about the Norway test being "weeks not months" away.

[valuehurts] 18/12/2022 13:47

Every day that passes we are getting closer to that RNS. Once proven the tech works this thing will run.

[rivaldo] 09/12/2022 16:01

Impossible to tell 1gw. But I did like the emphasis on the Norway test being only "weeks" away as distinct from months.

Nice rise again today. Almost back to pre trading statement levels now :o))

[1gw] 09/12/2022 08:44

A bit difficult from that to work out when it was actually recorded. The slides seem to be from the interims, with a "November 2022" date on the disclaimer, but it's being badged as a "2023 presentation". Has it just been recorded (and so the test is still "weeks away" from now) or was it recorded soon after the interims?

[rivaldo] 09/12/2022 08:24

Here's a new presentation by the CEO.

The Norway testing of SABER remains "weeks away" and is scheduled in. Worth emphasising that the principle behind SABER has already been proven by Shell, and so just has to be verified in the field:



EDIT - beat me to it whilst I was listening to it Masurenguy!

[masurenguy] 09/12/2022 08:11

Latest investor presentation with Andrew Law.