Eqtec Share Discussion Threads

[rookieswingtrader2020] 24/6/2022 11:09

Just added 25% to my small long position.

[paul8515] 24/6/2022 10:48

I take it all back - happy to be incorrect!

[skinny] 24/6/2022 10:46

EQTEC PLC Collaboration with Anaergia for Southport Project. Collaboration with Anaergia Inc. for EPC and O&M at Southport Project EQTEC plc (AIM: EQT), a world-leading technology innovation company enabling the Net Zero Future through advanced solutions for hydrogen, biofuels, SNG and other energy production , is pleased to announce that, through its wholly owned subsidiary, Southport WTV Limited, and its partners Rotunda Group Limited ("Rotunda") and Rotunda's subsidiary, Shankley Biogas Limited (the "Project SPV"), the Project SPV has entered into a co-operation agreement (the "Agreement") with Anaergia Inc. ("Anaergia") for construction and operation of a multi-technology, waste-to-energy facility at Southport Hybrid Energy Park, Merseyside, UK (the "Plant"). The Plant includes an Anaergia waste processing facility that will accept 80,000 tonnes of pre-processed municipal solid waste ("MSW") waste per year to both recover organics produce refused-derived fuel ("RDF") as well as an Anaergia anaerobic digestion facility that is designed to convert the recovered organics into six million cubic metres of biomethane per year, to be injected into the national gas transmission system. Through combined heat and power ("CHP") engines, the Plant will also pull gas from the grid to generate 9MWe for export to the national electricity transmission system. The Plant design also includes a 2MW battery storage facility. Under the Agreement, Anaergia are to undertake a full Engineering, Procurement & Construction ("EPC") role for the Plant based on a fixed price, lump sum contract for the capital works scope as well as a separate, minimum five-year contract to Operate & Maintain ("O&M") the Plant. The establishment of these two key relationships-for the EPC for the Project and for the O&M for the Plant-is critical for completing development and moving into the next phase of the Project. The Company, which is leading development of the Plant, intends in a future phase of work, subject to planning, to add EQTEC Advanced Gasification Technology that could convert 25,000 tonnes of RDF per year, supplied by the Plant's waste processing facility, into an estimated 2.5 - 3.0MWe of clean electricity. The Company is further exploring the option of producing clean hydrogen at the Plant, by applying its own synthesis gas ("syngas") technology together with syngas-to-hydrogen technology provided by a technology partner. Together, the full Plant facilities are expected to export to the grid the equivalent of 20% or more of Southport's energy requirement.

[adi27] 24/6/2022 10:45

Some good news!!

[paul8515] 24/6/2022 07:53

From RNS on 1st April. Completion of Deeside WTV's acquisition of the interest in the share capital in the Project SPV is subject to third party consent and is expected to complete on or before 30 June 2022April fool's day prank?

[paul8515] 23/6/2022 15:32

Not moving because Amati have a huge sell to shift.

[bibdaddy] 23/6/2022 15:31

Topped up.again at these levels.Lots of buying in the last half hour and price hasn't moved.

[juju44] 23/6/2022 14:20

Come on Palumbo , say or do something now . This is going down the toilet at speed

[juju44] 23/6/2022 12:37

Can our broker not place the Amati shares . Their selling is killing this

[paul8515] 23/6/2022 12:33

Don't be daft - they're quite happy drawing a handsome pay check.....why would they squander our hard earned money on junk shares like EQT?

[juju44] 23/6/2022 12:26

Capitulation now . Some decent director buys might help

[paul8515] 23/6/2022 12:10

I think your question will be irrelevant soon. We seem to be tumbling down to the level it should have always been.

[lazarus2010] 23/6/2022 12:03

I'm a bit puzzled as to how this has a market cap of £51mln? What do they actually have that makes it worth that much? £7.7mln of turnover in last financial report...

[paul8515] 23/6/2022 11:48

At least someone must be buying this cr*p

[juju44] 23/6/2022 09:57

Looks like long term floor around .5p is in sight . Great dreams but delivery not happening

[paul8515] 23/6/2022 09:37

I can't see now how it can get back to 1.5 p placing price. Perfect storm of unrealised pipeline, imminent debt repayments, dogpoo share price too low for fund raise, zero credibility of BOD. I think EQT has found it's natural worth......maybe a little be lower.

[m4rtinu] 22/6/2022 11:56

Eqt has been given the Green Economy Mark by London Stock Exchange: "We are quoted on AIM on the London Stock Exchange, trading as LSE:EQT and our company bears the Green Economy Mark awarded by the Exchange. We’re also an advocate of the framework known as triple bottom line (3BL), where companies commit to focus on and measure social and environmental concerns just as they do profits. EQTEC plc is an ideal investment for impact investors who want to generate a measurable and positive environmental impact alongside strong financial returns." Won't pay the bills (at least in ST) but good recognition to have.

[tenapen] 21/6/2022 20:42

Silly wee chung, wrong again. Having so many unfinished projects all over Europe is expensive and a constant drain on finance's. As is the wage bill from the many sales office's eqt run. Hence the never ending need for bank loans and subsequent repayments. Focus on one project, get it done and with the income grow from there. There is no charge to you for this lesson.

[juju44] 21/6/2022 16:43

Increasing pipeline and more debt . We need revenue coming out of the pipe .They become ever more vulnerable to cash crisis. We badly need a sugar daddy with a big wallet

[davidblack] 21/6/2022 15:25

Yep high impact news helps but in lousy markets modest news just encourages sellers.

[juju44] 21/6/2022 11:32

News is rarely able to move the price up - its usually brings out the sellers and moves the other way . Gonna take a lot of patience and nerve here

[davidblack] 21/6/2022 11:05

Nice but it’s not Billingham or Deeside both of which are now overdue news.

[stevea171] 21/6/2022 09:28

Livardia project moving ahead as previously reported in a press release. No specifics of the amounts for the build or in this Optima Bank transaction. Possible finance through the Recovery and Resilience Facility ("RRF") for Greece for this and EQT's other Greek projects. EQTEC PLC Bank loan term sheet and Livadia project update 21/06/2022 7:00am RNS Number : 5386P EQTEC Bank loan term sheet and eligibility for National Recovery and Resilience Plan for Livadia, Greece project EQTEC plc (AIM: EQT), a world-leading technology innovation company enabling the Net Zero Future through advanced solutions for hydrogen, biofuels, SNG and other energy production, is pleased to announce receipt and acceptance of non-binding Heads of Terms ("HoTs") with Optima Bank S.A. ("Optima") for a debt facility (the "Facility") to support construction of a 1MWe waste-to-energy project at Livadia, in Boeotia, Greece ( the "Project") . Heads of terms The Facility proposed in the HoTs would provide senior debt up to 75% LTV of the total capital required for the Project. The HoTs were agreed between Optima and EQTEC Synergy Projects Limited ("Synergy Projects"), the Company's joint venture ("JV") with ewerGy GmbH ("ewerGy") and ECO Hellas M IKE ("ECO Hellas"), subject to Optima final credit approval. The balance of capital on the Project is currently held as equity by Synergy Projects, but the JV partners are in discussions with institutional funds focused on energy transition infrastructure, for the sale of project equity on Livadia and other projects in the broader portfolio they are jointly pursuing under the JV. The Project, originally announced by the Company in September 2021, will result in construction of a waste-to-energy gasification plant in Livadia, Boeotia, Greece (the "Plant") that, once operational, is expected to produce a minimum of 1MW green electricity from c. 7,500 tonnes of mixed agricultural waste from local farms. Toward full contract of the loan, Optima has selected TÜV HELLAS, a subsidiary of TÜV NORD ("TÜV"), to certify the Project and act as independent engineer. In its role, TÜV will assess the viability of the Project based on the site and plan, the development strategy, the technology and delivery risks. The work required for the execution of the loan is expected to be completed at the end of Q3 2022. Additional funding support Synergy Projects has appointed Grant Thornton Greece ("Grant Thornton") to help the Company and its partners with the implementation of the proposed investment plan of the Project to be financed through the Recovery and Resilience Facility ("RRF") for Greece. Grant Thornton will carry out the analysis of the investment strategy and the consistency with the objectives set by the Recovery and Resilience Mechanism, the analysis of key eligibility parameters of the RRF, support development of business plans, prepare requisite documentation, submit the investment file and monitor the application process. The RRF is part of a National Recovery and Resilience Plan, launched in Greece and other parts of Europe to mitigate the economic and social impacts of the coronavirus pandemic and make the economy and society more sustainable, resilient and better prepared for the challenges and opportunities of the green and digital transitions. Greece is aiming the RRF in part at increasing the share of renewables in the energy mix while reducing its traditional reliance on solid fossil fuels. Synergy Projects anticipates that all projects currently in its pipeline for Greece will qualify for funding under the RRF, making available low-cost subsidised debt for the projects. Optima has indicated interest in financing further projects developed by the JV under the RRF. David Palumbo, CEO of EQTEC, commented: " We are pleased and impressed with the persistent dedication of the Greek private and public sectors in supporting technology innovation for Net Zero energy solutions. Particularly as economies and societies struggle in the aftermath of the Covid pandemic, we are encouraged by this sort of support in favour of innovation that will transition communities away from fossil fuels by providing local, baseload energy from local waste. We see this business model gaining traction in so many of our target markets and look forward to accelerating its implementation across Greece and beyond."

[skinny] 21/6/2022 07:02

https://uk.advfn.com/stock-market/london/eqtec-EQT/share-news/EQTEC-PLC-Bank-loan-term-sheet-and-Livadia-project/88407178