Eqtec Share Discussion Threads

[dopey47] 23/6/2020 07:22

A three month extension to finalise outstanding issues looks ok to me. There is nothing negative in today’s RNS. Completion and execution now look highly likely. Excellent news.

[deccer1] 23/6/2020 07:10

More delays, more dilution and more dilution to come.

[garth] 23/6/2020 06:42

Scrutable,

Thank you for your kind sentiment.

The Dow uptrend is still intact. The sun is out.

G.

[scrutable] 22/6/2020 20:13

garth
debating with you is a pleasure compared with rebutting the trolls. Thank you for your patience.

There is indeed space for many types of competition. The opportunity is vast.
However PHE - in which I still hold a a useful stake for observation and safe cover, has never ever fed electricity to the grid or contained a cubic meter of hydrogen or syngas or confirmed production for any sensible length of time. They have in fact never produced a full sized prototype, it being designed now for the first time.. It may not work or sustain production for a long enough interval to produce useful gas or energy. One has to hope. EQT however has a plant at Ciudad Real, Spain which has converted olive pomace into syyngas for an audit confirmed 11,000 hours, and four small plants have been on production using wood chips and straw pellets in italy, Croatia and Bulgaria

I wonder when will PHE be able or willing to provide process warranty in the form of insurance policy as EQT does? A stroke of marketing genius IMO.

EQT still have to prove execution capability. That they can still build and supply a string of plants already on order, to time and have enough technical capacity to run several projects simultaneously. For the moment there is no comparison on municipal or agricultural waste streams, converted to energy without PCBs or other particulates and noxiousgases.

I assume the share price retracement today is just the usual Fibonacci -38% and that we will be off to the races again by Wednesday at the latest (GLA then).

[stuayres] 22/6/2020 17:06

Agreed. The company looks undervalued and well prepared anyway. I think I bought at a good price & I'm in it for the long haul.

[garth] 22/6/2020 16:06

Scrutable,

I note that PHE holders have referred to EQT as a "brown" producer, unlike the clean product from PHE. I think you would disagree with them.

If you look at the pollutant profile of AEG's process you will find that it does a significant job in cleaning out pollutants.

We are on a journey towards cleaner fuels. Some are closer, some are further away. Some are more costly than others. I think there is probably room for AEG, EQT and PHE. They should each provide a decent fit for different contexts at different points in that journey.

PHE looks a valuation stretch to me based on revenues. EQT looks better. AEG is a third of the valuation of EQT.

As I say, might interest some, won't interest others. :0)

As for the price here today - a sharp fall is always a bit gutting. But if you believe in the tech and the management then its just part of the process, IMO.

G.

[stuayres] 22/6/2020 15:41

Bit of a hiding today.

[m4rtinu] 22/6/2020 13:48

Looks like support at 0.73 (acc to BarChart) has gone. Not many other indicators below 0.69 given rapid rise. A promising business here but, as said above, lots of hot money around, chasing quick profits. News of a deal being finalised would be good.

[garth] 22/6/2020 13:33

On Topic:

I joined here at 0.195 in May and am enjoying the to and fro. Grateful for information posted, and I have listened with interest to some of the videos. So thank you from a quiet lurker. I am holding and riding the bumps.

Off topic (a bit):
I have suffered painfully for several years with AEG. Similar sector, some similarites in model, lots of similarites in the share price chart!

They announced CLNs this morning that should get them over the line in having put in place a sustainable bread and butter business to undergird and supply the jam that is not very far down the line.

The differences will put some off - but I am sure the similarities will interest others. Hence the mostly shameless pointer.

G.

[neilyb675] 22/6/2020 12:58

Bosbus….I will retire at or shortly after I reach 50. That is not dependant upon how this investment pans out.

I've worked very hard and I expect a long and happy retirement (current age 44).

[bosbus] 22/6/2020 11:18

Interesting you keep telling us you're a 5p seller Neilb675. Is that because you can then retire or are you warning us that your holding is so huge that the share price will collapse?

[highly geared] 22/6/2020 11:09

The RSI is high so we’ll see the hot money disappear (already happening) with longer term investors accumulating in the 0.7-0.8p range. The next up leg will probably be news driven (contracts).

[homebrewruss] 22/6/2020 11:04

Chartists view of current price action:


'#EQT; extending higher, although recent top 0.88p has generated above average vol of selling drawing a bit of downward pressure. Levels in play 0.76-0.80p, below here EMA9 is supporting (0.68p) & likely to be tested. If we hold, then higher to 0.88p again & new target 1.00p.'

[homebrewruss] 22/6/2020 11:03

Riverfort interview, EQT mentioned briefly from 29:30

[neilyb675] 22/6/2020 10:48

5p seller here.

Hope this helps.

[mikepotash] 22/6/2020 10:46

A gradual drift today and very little activity. I topped up a bit. Any feedback from anyone on where this trend is taking us or what MMs are seeing and doing?

[tenapen] 22/6/2020 06:39

Tell Sid
18 Jun '20 - 17:32 - 1331 of 1368

EQT return to 30p+ soon.

EQTEC PLC
28 May 2020

Projects and Commercial Update


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.

DRAWINGS PASSED
---------------

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.

DRAWINGS PASSED
---------------

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.

DELAYED
--------

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.

LOOKING FOR FINANCE
-------------------

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.

POTENTIAL PROJECT !
------------------

Commercial:

-- 10 new commercial enquiries

WOW ......... 10
-------------------

30p ! LOL more like 0.3p and over valued at that.

[tim_kaye] 22/6/2020 05:51

Repsol has announced plans to develop a facility that will use carbon dioxide and green hydrogen to generate net-zero emission fuels for use in the transportation sector.

The Spanish oil and gas firm also announced Monday that it would be involved in a project to produce gas from “urban waste.”

Both projects will be located in the north of Spain, with the major port city of Bilbao “and its surrounding area” mooted as a likely location.

Madrid-headquartered Repsol is working with Petronor and the Energy Agency of the Basque Government on the first scheme. Petronor, which Repsol has an 85.98% stake in, will take the lead on the waste-to-gas project.

[highly geared] 22/6/2020 05:32

Great post Scrutable. Looks like a Tsunami of orders will hit in H2 2020 and through 2021..

[piter345] 22/6/2020 01:22

Under the scope of the company’s framework agreement with German EPC firm ewerGy, 13 potential new projects in the Balkan region have now passed the initial due diligence phase and fall under exclusivity.

Elsewhere, 10 new commercial enquiries were received by EQTEC in Q1/early Q2 2020 and full detailed commercial offers, with an aggregate potential sales value of c.€120 million, were made during the period. EQTEC has progressed discussions with a European infrastructure operator of district heating and waste to energy and the parties have selected three potential projects for financial due diligence, which has already commenced.

hxxp://www.alignresearch.co.uk/eqtec/eqtec-further-progress-across-the-project-pipeline-and-shares-remain-significantly-detached-from-peers-reality-buy/


That is very interesting..... Eqtec look like multibagger stock.

[scrutable] 22/6/2020 00:11

The effect on climate change of global warming caused by atmospheric pollution is now slowly being acknowledged by governments as critical for the future of humanity, but there is still no general alarm against the rapidly increasing capacity of waste incinerators which may well operate profitably from the syngas released and energy converted but spew out hazardous particulates, PCBs, and residues of tars and toxic heavy metals. Legislation is imperative to convert the industry to producing a cleaner and purer syngas as EQT has been doing continuously in Spain, Italy and the Balkansfor nearly a decade without attracting sufficient interest to ignite change

In a brilliant report (see post 1324) for which we must all be truly grateful Arden Partners states that there are 500 waste incineration plants in the EU, 42 of them in the UK with another 20 in late stage commissioning or construction. This detailed and explicit report, a must-read for any investor, makes it clear why the share price is grossly undervalued and should remove all previous fears of process effectiveness and confidence in the execution of orders, gained recently by CEO David Palumbo's newly invigorated company..

I could previously not understand the financial failure during the five years before 2017 ,of REACT Energy, EQT's predecessor company, but Arden shows how complex and finely tuned the EQT type of gasification plant nust be configured and tuned to thermochemically convert a particular class of waste into purified 'clean ' syngas. The first plant supplied to Movialsa in Spain, was comissioned in 2011 and has since operated three streams for a total 11,000 hours, demonstrating the validity of the proprietory process, extensive patents and IP developed by the company. The CTO Yoel Mandez has been at the forefront of gasification plant design for 20 years. The company has developed a library of precise settings, feed velocities, reaction conditions, temperatures and timings etc to maintainthe optimum process efficiency for 50+ different types of feedstock.to maintain efficient and optimum syngas output.

It will be very difficult for any competitor to catch up on the first mover advantage enjoyed by EQT and the credibility it can prove. Its time has now come. It is a masterstroke to offer Technical Warranty Insurance with every quotation. The uncertainty of a new process and execution risk is removed from each negotiation and the day of ordering brought closer (GLA !). I hope that this small company can avoid being overwhelmed