Eqtec Share Discussion Threads

[pa123] 15/12/2023 16:58

This needs a complete turnaround in sentiment and more importantly , trust in the BOD
Tough ask!!

[stevea171] 15/12/2023 12:44

The hopeion gamblers here piling in on no news ahead of the EGM, Monday?

[brut winky] 15/12/2023 12:17

Started accumulating, worth a gamble from here. All it will take is news and shorts will get decimated.

Don't forget Trump is all for forestry management, chances are more plants will happen in the US.

[ken chung] 15/12/2023 08:25

Down another 16%.Laughing all the way to the bank.Lemmings and mushrooms only.

[stevea171] 14/12/2023 20:02

Mkt Cap here £4.4 million now but another 20 million shares dumped after the close at .022p. There seems to be an endless supply all the way down to match the buys.

I guess if DP is gonna pull a rabbit out of the hat Monday's EGM would be the time (and last chance this year) to do it?

[woj1] 14/12/2023 14:32

About the same here too Skinny.
Just looking for a white bearded man wearing a red tracksuit.

[talldarkslim] 14/12/2023 13:53

Buys = £90k

[stevea171] 14/12/2023 13:07

Falling knife.
Who is buying here?
Sure it's cheap but is the tech viable and the finances secure?
No one knows.
So a pure gambol ....

On a par with betting on the 50/1 outsider in the 2pm jumps at Newmarket!

[juju44] 14/12/2023 12:37

Total value of buys 9k £ . Palumbo makes that every 5 minutes

[skinny] 14/12/2023 12:37

I'm down just 93% now.

[talldarkslim] 14/12/2023 12:33

Lots of buying this morning

[skinny] 14/12/2023 11:33

The silence is deafening.

[adi27] 14/12/2023 09:47

Wish it would hurry up. When I think back what these crooks have been up to over the last 2 years, it makes my blood boil.

[bibdaddy] 14/12/2023 09:12

An absolute disgrace. Lie upon lie to fleece investors

[badger010776] 13/12/2023 15:05

Bunch of crooks. Avoid anything DP and van Der liar are involved with in future.

[juju44] 13/12/2023 15:04

Its all over here

[skinny] 13/12/2023 13:32

The chart looks like its suffering from the effects of the late Colin Chapman's 'ground effect'.

[pa123] 13/12/2023 11:35

it is looking more and more like fraud to me, on an enormous scale.

[juju44] 13/12/2023 11:32

Palumbo should be in jail for the manipulation of our money into his wallet .

[juju44] 13/12/2023 08:58

Only toilet paper to come out of this hat

[pa123] 12/12/2023 11:32

Will they pull something out of the hat? could it happen? here's hoping...

[stevea171] 12/12/2023 09:47

Refi. The Italia MDC saga looks like its going to the wire.
EQT deadlines are never met. Italia MDC deadlines are never met eg
4/9. "a series of performance improvements anticipated to be completed in early Q4 2023"
6/11. "is implementing a series of performance improvements which are anticipated to be completed in Q4 2023"

So on past form the most likely next announcement will be to continue to push out the date into next year and beyond the end of this financial year.

Note in the September announcement "supporting Italia MDC in its endeavours to drive more productive and continual operations."
This is a clear reference to the stop/start nature of the plant's operations that has been reported independently by a poster on LSE with a contact working there. This reduces productivity and likely leads to loss making operations which necessitates this Bank loan of EU2.9 million to cover losses incurred to date and tech remediation.

EQT won't say what are the implications for North Fork or Larissa or any other plant of current design. EQT is on the edge of both the finances and tech letting it down with company closure not too far away if the tech at Italia MDC is not remedied.

4/9/23. Provision of funds through the Facility is subject to the Plant's achievement of certain performance criteria set by the Lender. Supported by EQTEC engineers, EQTEC Italia MDC S.r.l. ("Italia MDC"), the operating company for the Plant, is implementing a series of performance improvements anticipated to be completed in early Q4 2023, at which point, assuming the required performance criteria have been achieved, Italia MDC will draw down the amount of the full Facility.

The Plant became operational in March 2023 and EQTEC completed handover protocols and transfer of plant operations to Italia MDC in June 2023. The Company remains actively involved with supporting Italia MDC in its endeavours to drive more productive and continual operations.

[juju44] 11/12/2023 14:21

Everything about this is a disaster but the biggest disaster is the pair of clowns walleting our money while they sink EQT . What a shambles

[pa123] 11/12/2023 14:18

It's starting to look a lot like last Christmas, and the one before that too. Only the share price is now nearly obliterated.