Eqtec Share Discussion Threads

[adi27] 14/3/2023 12:49

The tech is now proven, removing the element of doubt. As long as they can now manage the finances, the future looks bright. A lot happier after todays news.

[juju44] 14/3/2023 12:39

Yeah , you need to smile in adversity

[aja2] 14/3/2023 12:36

If nothing else your inane comments do bemuse me :)

[vatnabrekk] 14/3/2023 12:30

Possibly those who bought at around 0.25p might be taking profit, but I can't really see very many selling out at much less 0.3, so hope for a recovery again when the sellers are exhausted later today, perhaps.

[juju44] 14/3/2023 12:26

Red finish ????????

[pa123] 14/3/2023 12:14

can't believe this couldn't hold 0.30 too many sellers looking at the trades

[desflurane] 14/3/2023 11:49

Disappointing share price reaction

[juju44] 14/3/2023 11:43

Shine is fading

[m4rtinu] 14/3/2023 11:18

So, assuming all goes well,the first MDC in Italy is officially operational today. Good news.

[stevea171] 14/3/2023 10:53

This saga continues. Operational in June?
There should be an update from EQT from their visit here in February.
From the latest minutes from North Fork monthly meetings 23/1/23:

Wade Wheeler gave an update of the progress of the (EQT) biomass energy project. They are anticipating completion (operational) by June 2023. More funding is necessary, and the bankruptcy proceedings are continuing. There are agreements with several private companies and the Forest Service for providing the wood for the plant.

[m4rtinu] 14/3/2023 10:16

Hooray!! Good news.

[stevea171] 14/3/2023 10:00

From Chilting, LSE:
Thats 4 plants online now (Movialsa Spain, 2 Universities' pilot plants, Italia MDC)

The main advantage with the MDC design model is that it creates two separate revenue streams - Power generation and Biochar.

This will I think make it much more attractive for investment, especially now that Biochar is being traded globally as a carbon offset product by the likes of Microsoft. Biochar is now well established for agricultural use and is especially valued for growing grapes.

Now that the technology is proven, I think the orders will start flooding in.

[stevea171] 14/3/2023 09:17

We could see FC on the Croatian MDC progress soon with the finance backers visit to the Italia MDC.

Then sign off and work on site to upgrade the existing 1.5MW EQT plant with already fabricated parts delivered to site last year and full refurbish and test.

"The Company has a number of scheduled visits to the Plant by prospective investors and partners, starting in late March. The visits include a utilities company, infrastructure investors and private investors with whom EQTEC plc is in discussions towards securing funding and the sale of equity in Croatia MDC.

The Company is targeting launch of the Croatia MDC later this year in Belišće, Croatia, to demonstrate the Industrial solution model, converting industrial waste from a nearby paper mill into electrical power and biochar, returning the former to the paper mill and selling the latter on the open market."

[stevea171] 14/3/2023 08:57

Initial price target?
Probably .50p is not too extreme for starters ....

[juju44] 14/3/2023 08:51

Plant success is crucial

[stevea171] 14/3/2023 08:46

This should be the end of this dark period with an extended period of uncertainty and disappointing news.

From here we should be able to look up to a new growth phase for the company and share price with mostly good news and building on this base of established plants and project success (eventually!)

[juju44] 14/3/2023 08:42

This is a tricky technology with a long history of failure ( which is why Eqt is picking up and refurbing failed plants) . If the Italy plant performs to expectations it will indeed be a big driver of sales for Eqt hopefully sucking in a big wallet supporter

[seagull222] 14/3/2023 08:40

The importance of Italy can't be over stated imho, an up and running plant that investors can see in action is massive. Finally, the start of the recovery imho , along way to go to get to 1p and then to get towards 2.7p but, an important day today and perhaps the recovery stock of 2023 fingers crossed.

Good luck holders

Seagull

[vatnabrekk] 14/3/2023 08:36

Got a long way to go to catch up!

[juju44] 14/3/2023 08:26

Now this is a relief . Lets hope we can build on it and get the business back in order

[cmackay] 14/3/2023 08:12

The last time I started buying eqt was 2nd January 2020. I did exceptionally well.

I started buying this morning again. Not huge amounts, I'm not as wealthy as some on here. I do ok with what I've got though.

[stevea171] 14/3/2023 07:38

Thanks Skinny. Further Part 2 of today's RNS:

About EQTEC Italia MDC srl

EQTEC Italia MDC srl ("Italia MDC") is a company registered in Italy for the purpose of transforming agricultural and forestry waste into electrical power and biochar in a relatively remote and heaviliy agrarian community. The Company currently owns 19.99% of Italia MDC, with an option to acquire further equity in future.

Italia MDC owns and operates a 1.1 MWe plant in Gallina (the "Plant"), a village near Castiglione d'Orcia in Tuscany's Val d'Orcia, an area considered to be the region's most scenic. It is on a site owned by Toscana Cereali Societa' Cooperativa Agricola, from whom Italia MDC is leasing. With EQTEC technology at its core, the Plant is capable of converting multiple types of biomass feedstock into electrical power and thermal energy.

Initially, the Plant is converting higher-density wood waste into electrical power for export to the national grid, for which a connection has been secured with a preferential tariff. In addition to the electricity, the Plant is producing biochar for purchase by two European wholesalers of the product. Thermal energy produced through the continuous EQTEC thermochemical conversion process is being recycled to dry the feedstock, improving the Plant's waste-to-energy conversion efficiency.

Feedstock is being delivered by multiple, local suppliers, and Italia MDC has identified additional, potential suppliers in order to maintain continuity of supply and leverage over cost and availability. Further, the Plant has been upgraded to support lower-density feedstocks such as straw or other agricultural waste. This ability to switch amongst feedstock types and suppliers adds resilience to Italia MDC's business model.

In addition to being a profitable, commercial-scale facility with an important role in the local, agricultural community, the Plant is a Market Development Centre for the Company, providing a showcase of EQTEC technology for prospective clients including Industrial, Utility, Municipal or other Agricultural clients looking to replicate success with sustainable, waste-to-energy technology. The Company already has a number of prospective clients scheduling time to visit Italia MDC in 2023.