Eqtec Share Discussion Threads

[davidblack] 29/9/2020 15:57

Now up to 0.48p so do we have an announcement in the morning?

[gspanner] 29/9/2020 15:42

Well be good if that was the floor, mcap £32mil, £10mil in bank, multiple projects, only a few of which needing to come off to support 10x this valuation... Arguments seem tired but more true now than 6 months ago.

[gspanner] 29/9/2020 15:30

well as ever don't believe the columns1

[juju44] 29/9/2020 14:49

Tsunami of sales so what is keeping this up

[tenapen] 28/9/2020 18:19

Tel Sid - 8p is coming - LOL




Sad for the FOMO buyers, but hopefully a lesson learned !.

[rogerramjett] 28/9/2020 17:17

gspanner, I was thinking a short term drift back and epic rise from January. They have made a statement in the interim that 2021 will be the year. It did sound a bit like short term there is not much to report caused by delays due to COVID. I can live with that !

[gspanner] 28/9/2020 10:22

Rogerramj, reasonably put points: IMO I think this has fallen both with the market and cooling sentiment, but now is again crazily priced as to the possible potential. FWIW I have 10s of millions of these because I have only ever made money investing not trading - so it may go lower but not over a 6/12 month time frame assuming credit doesn’t completely melt down (in which case we are all toast).

[davidblack] 28/9/2020 09:54

M4 trade payables are just invoiced amounts that haven’t yet reached the bank.
Nothing interesting about that and always slow in businesses that charge a percentage of a cost in advance as I take it EQT do.

[juju44] 28/9/2020 09:24

Bought more at .444 Below placing looks a bargain

[m4rtinu] 28/9/2020 09:05

Roger - good points. Any accountants out there have any views on £2m of trade payables?

[rogerramjett] 28/9/2020 08:58

aja2.

That is very possible. I really don't see many medium to long term negatives here but I do see this retracing back below 0.4 simply because they have mentioned the words delay to financial closure on several projects.


It will present a very good opportunity for some to add or enter for next year but this is looking very likely to see more slippage simply due to the fickle market we are in and the short sighted view people have.

[aja2] 28/9/2020 08:55

Indeed, this is a variable out of their control. Generally looking more positive for Q1 2021 and if there is more progress on Billingham before the cut off date in November then I see a resurgence.

[rogerramjett] 28/9/2020 08:21

This is a fairly positive interim and I am an investor here but I am half expecting that due to the repeated use of the word delay etc they are trying to tell us that the rest of this year is not going to be as fruitful as expected.

I can understand this due to the restricted banking sector and ability to close funding deals.

There are however, many positives to take but they are not imminent closure and revenue generators. They say as much by stipulating that the expect 2021 to be the year for them.


I think the next 3 months will be a bumpy ride and this is likely to retrace below 0.4 due to the current market sentiment towards everything other than COVID and some mining stocks. It pains me to say it but it looks like I will wait to add at the lower price.

[m4rtinu] 28/9/2020 07:42

All about closing the deals.

[gspanner] 28/9/2020 07:27

Also rather like this:

Of over 40 opportunities and projects in our pipeline at end of H1 2020, more than half are expected to receive development capital from EQTEC as well as our partners. The acceleration is expected to drive us to closing deals more rapidly and deepening our partnerships.

[gspanner] 28/9/2020 07:26

- In addition, we progressed planning permission with Phoenix on a 2MW(e) to 3MW(e) site in Napa, California.

Wasn’t aware this was completed.

[gspanner] 28/9/2020 07:24

Absolutely. Settle as son as possible. Move onwards!

[skinny] 28/9/2020 07:05

.

Amongst all of the 'noise' :-

-- Patent infringement claim from USA: Claim by Aries Clean Energy ("Aries") of Franklin, Tennessee, USA that NFCP project in California, undertaken by EQTEC with US partner Phoenix Energy, is due to deploy technologies that might infringe specific Aries' US patents. The specific EQTEC product identified in Aries' lawsuit was sold years before Aries' patents were filed. In addition, detailed technical analysis reviewed by three patent law firms engaged by EQTEC-two in USA-support EQTEC's view that it does not infringe in any way Aries' patents. Aries and EQTEC have since jointly agreed to extend the court's deadline to formally respond to Aries' claims. During that time, EQTEC will make certain non-infringement evidence available to Aries' counsel for review, while, in parallel, the parties will engage in direct commercial discussions toward resolution.

[m4rtinu] 28/9/2020 07:05

Results out. Similar losses to last year.

[greentec20] 26/9/2020 13:39

Pretty convinced we will see a RNS on Mon/Tue with some excellent half year results

[paul8515] 25/9/2020 09:42

We better hope it finds support there, shouldn't we David?

[paul8515] 25/9/2020 09:41

Next stop placing price?