Eqtec Share Discussion Threads

[tenapen] 05/6/2020 15:38

"This is mental"

but no RNS from the company saying no reason for the price rise. But after paying for Align research and 'some of the posters on advfn & l s e to Ramp on other threads' I guess they do not want the ramp to stop !.

[bmwman3] 05/6/2020 15:38

Could do 1p next week at this rate! Imho

[volsung] 05/6/2020 15:32

This is mental...but I like it!

[chinadog3] 05/6/2020 15:31

I will drink to that Sid

[jakecat1] 05/6/2020 15:30

Just seen the latest iPhone advert. It looks like a good product. U seen it Tenapen?

[tell sid] 05/6/2020 15:21

EQT back above 8.5p soon.

[tenapen] 05/6/2020 15:19

If it was such a 'great company on a sweet spot' why are posters still Ramping it on other threads ?.

Good things do not need promoting.

[sharetalk] 05/6/2020 15:17

tenapen, EQT's previous CEO stated in an Interview on 8/5/2019, what they expect to earn from Billingham upfront and over the following 20 to 25 years, i.e.:



"Typical project value for this is typically in the region of £150m to £180m, of which EQT will have about 25%, so that could result in an order to us of around £40m...and then we would expect to take part in the operational element of the project over the following 20 to 25 years, which will then deliver further revenues...probably in the region of £1 to £2m per annum as part of the O&M contract" (CEO, Interview, 8/5/2019)

Thus:

1) EQT make approx 25% upfront, of the £170m stated in the Update on 28/5/2020 = £42.5m
+
2) EQT make ongoing O&M revenues of approx £1m pa to £2m pa, for 20 to 25 years.

So EQT will receive:

£42.5m upfront + £20m to £50m (£1m to £2m pa) over 20 to 25 years for O&M.

Total to EQT, just for Billingham = £62.5m to £92.5m

[scrutable] 05/6/2020 15:12

Most small growth companies face cash shortages during expansion, and have to endure, ie enable, repetitive placings.

A crucial difference between EQT and other shares is the use of insurance cover to comfort local banks into lending to local clients for very deserving community waste disposal projects for which political support and funding, will always be sympathetic. The model targets business opportunities assisting Climate Change and the future hydrogen economy (including efficient, forestry, agricultural - and plastic waste disposal- the curse of all communities).

In addition to being absurdly cheap to buy its shares, EQT hits a sweet spot, and every day this week has been the outstanding Buy. Despite the rise EQT still has far to go.

[tenapen] 05/6/2020 15:12

So how does city Chappy give a value of £40m for Billington ? or does him saying it make it true !.


Lots of MOU's but little revenue. Is that the reason for the organized RAMP. Pump the share price up and have a large fund raising, as they will need plenty of cash.

[tell sid] 05/6/2020 14:59

City Chappy
30 May '20 - 11:09 - 575 of 783

Billingham is worth £40m to EQT and they have several other projects in the pipeline, eg California, Greece, France, etc. Also in the press release on 28/5/20, they seem to be getting serious enquiries and following up with detailed commercial offers on 2+ new projects per month now, worth on average €12m each (10 in Jan - May 2020 worth EUR120), meaning another potential 24+ for this year alone potentially worth €288m - and that is just the modest sized projects, without the Billingham scale ones.


"10 new commercial enquiries have been received by the Company in Q1/early Q2 2020 and full detailed commercial offers, with an aggregate potential sales value of c.€120 million, were made by the Company during that period." (EQT, 28/5/2020)

[tell sid] 05/6/2020 14:57

EQTEC PLC
28 May 2020

Projects and Commercial Update



EQTEC plc (AIM: EQT), the technology solution company for waste gasification to energy projects, is pleased to announce the following update on its projects and commercial activities.

United Kingdom

Billingham:

-- Work for full detailed quote for the grid connection has been completed by grid operator, Northern Powergrid, and the quote has been received and accepted by EQTEC. The requisite assessment and design fees have been paid to Northern Powergrid.

-- Non-binding project finance term sheet received for the project, which has been signed by EQTEC and is being assessed by a consortium of potential equity investors. The funding structure set out in the term sheet comprises both senior debt and mezzanine tranches and requires an equity contribution from the consortium of developers of, in aggregate, 10% of the total project CAPEX, currently estimated at c. GBP170 million.

-- Following detailed technical due diligence on EQTEC's advanced gasification technology, an offer for a Technology Warranty Insurance Policy was offered by an international underwriter of speciality insurance products for the project. The nature of cover offered and the level of insurance premium is considered by EQTEC to be in-line with expectations and it is to be offered to the funders and the EPC contractor as part of the project structure.

United States of America

North Fork:

-- Detailed engineering plan completed and delivered by EQTEC, in April 2020, to the EPC contractor and Phoenix as planned and the second payment milestone invoice of EUR770,000 was received by the Company in May 2020.

-- Preparation work commenced in-line with the project programme, including the requirement to have the equipment located at the Group's Newry site in Ireland being shipped to the US by no later than August 2020.

NAPA:

-- Full planning permit for the new location (initially to accommodate a larger 2MWe capacity power plant) is still under process with some delays attributable to COVID-19.

-- The client is now evaluating the option of a larger installation and requested a full quote for an increased 3MWe plant. This was completed and provided by EQTEC.

Europe

Agrigas:

-- Full project technical due diligence report completed by TUV Hellas, the nominated engineer of the local Greek bank (the "Bank") offering the project finance, which has now been presented to the Bank.

-- Project third party financial due diligence requested by the Bank, which was carried out by EY Greece, has also been completed and provided to the Bank.

-- The Bank's credit committee meeting for project final approval was rescheduled to first week of June 2020, due to the Bank prioritising COVID-19 related loans in Greece, with a response expected during June.

ewerGy/ECO Hellas Pipeline:

-- 13 potential new projects in the Balkan region have passed the initial due diligence phase and, accordingly, now fall under the scope of the framework agreement (announced on 16 March 2020), including exclusivity.

Commercial:

-- 10 new commercial enquiries have been received by the Company in Q1/early Q2 2020 and full detailed commercial offers, with an aggregate potential sales value of c.EUR120 million were made by the Company during that period.

-- EQTEC has progressed discussions with a European Infrastructure Operator of district heating and waste to energy and, together, the parties have selected three potential projects for financial due diligence, which has already commenced. Once completed, the intention is to develop the projects together under a new framework collaboration agreement.

David Palumbo, CEO of EQTEC, commented :

"I am pleased with the ongoing progress that EQTEC has made during this challenging time. As we approach H2 2020, we continue to focus on executing our strategy with special emphasis in seeking strategic partnerships to enhance our portfolio opportunities. We are already experiencing an increase in the number of large operators that are engaging in conversations with us regarding collaboration opportunities. We believe the coronavirus pandemic may influence the pace and nature of climate action positively and we will be ready to seize inspiring and fruitful new partnerships to apply our solutions."

[tenapen] 05/6/2020 14:55

eqt have nothing !



Billingham:
Work for full detailed quote for the grid connection has been completed by grid operator, Northern Powergrid, and the quote has been received and accepted by EQTEC. The requisite assessment and design fees have been paid to Northern Powergrid.

North Fork:
Preparation work commenced in-line with the project programme, including the requirement to have the equipment located at the Group's Newry site in Ireland being shipped to the US by no later than August 2020.

It isn't even in america yet !

NAPA:
Full planning permit for the new location (initially to accommodate a larger 2MWe capacity power plant) is still under process with some delays attributable to COVID-19.

Yet to decide !

Agrigas:
Full project technical due diligence report completed by TUV Hellas, the nominated engineer of the local Greek bank (the "Bank") offering the project finance, which has now been presented to the Bank.

Still on the table.

Commercial:
10 new commercial enquiries have been received by the Company
WOW 10 phone calls.

[gspanner] 05/6/2020 14:50

I think you gloated when you sold your holding a few days ago Tenapen...

[hiddendepths] 05/6/2020 14:49

Get a grip, tenapen. That was good news! This company is being transformed by astute management after some years in the wilderness.

Compare the market caps of the 3 companies.

[tenapen] 05/6/2020 14:35

*eqt .... has no money to pay for all of these projects, scattered world wide.

PHE ..... have one ongoing project with Peels backing.

PPS ..... German, enough said,



!st June 2020

The Company currently has two major lenders, being Altair Group Investment Ltd ("Altair") and the "Riverfort Lenders" (being, collectively, Riverfort Global Opportunities PCC Ltd (formerly Cuart Investments Fund) and YA II PN, Ltd). As part of the Debt Reprofiling, Altair and the Riverfort Lenders have agreed to extend the maturity date for their respective loans, as well as agreeing to certain other changes to the commercial terms of such loans, as detailed below.

*As at the close of business on 31 May 2020, the outstanding principal under the Altair Loan Facility was £860,000 and there was £96,370 of accrued and unpaid interest. Interest accrued on the principal amount of the loan at a rate of 12.5 per cent. per annum. The outstanding principal and accrued interest were due to be repaid to Altair on 31 July 2020 and the Company was also required to pay Altair a redemption fee of 8 per cent. on the sum due for payment (the "AltairRedemption Fee"). Altair had a right, at its sole discretion, to convert the outstanding principal and interest , in part or in full, at any time up to 31 July 2020 into new ordinary shares of €0.001 each in the capital of the Company ("Ordinary Shares") at a price of 0.66 pence per share. The Altair Redemption Fee is not payable on any debt converted in this manner. However, Altair can only elect to convert if such exercise would not trigger an obligation under Rule 9 of the Irish Takeover Rules to make a general offer for the balance of issued shares in the capital of the Company.

[hiddendepths] 05/6/2020 14:21

EQT did release an RNS, an operational update very recently. I had no idea they had so much going on because their technology was leading to massive growth in orders and that was the trigger for my purchases. EQT is way further down the track than PHE, which I also hold.

PS I'm a former energy analyst, not a ramper and certainly not a paid one!

[nicktopten] 05/6/2020 14:20

The filtered .....

[pooltowerpower] 05/6/2020 14:19

Jog on loser.

[tenapen] 05/6/2020 14:19

No need to filter as shareNOtalk will delete the posts soon enough.

Free Speech rocks.

[tenapen] 05/6/2020 14:18

Blinkers Off


Results due soon..... The good ! the bad ! and the eqt

[bmwman3] 05/6/2020 14:16

Filtered fool

[aja2] 05/6/2020 14:15

It's easy to filter as I do with all these BBs.

[nicktopten] 05/6/2020 14:14

?? EQT paying for posters to ramp it on other threads !! Pls direct me to said posts so I can verify this... otherwise just buy the shares and make a few quid pls :)