Eqtec Share Discussion Threads

[stevea171] 07/7/2023 10:23

Croatia MDC.
No FC announced.
Therefore no prospect of completion this year as forecast by EQT.
So yet another timeline blown out .....

And zero credibility in any forecasts issued here.

Has this project been mothballed based on the fiasco at the Italia MDC and the similarity of the projects?

If so, can we expect EQT to inform shareholders?

[stevea171] 07/7/2023 09:56

If he can't back up his statements then they are worthless.
He implied there were recent FC's.
FC's in 2021 and before are ancient history.
No FC's here for the past 18 months.

Anyone care to estimate cash position here at HY/23 and FY/23?

And date and price of next cash raise?

[pa123] 07/7/2023 09:54

The share price will only recover when Eqtec start earning revenue, especially with the insanely high wages. who knows, maybe they will eventually succumb to reality and cut their cloth...

[dofmeister] 07/7/2023 09:45

Who said anything about last 18 months? You've obviously worked out they have had FC's, ......

[stevea171] 07/7/2023 07:56

No response to challenge above so the true position afaik is:
No FC's here for the past 18 months.

[vatnabrekk] 06/7/2023 15:22

Don’t think they are doing the same thing as Eqtec.

[marktime1231] 06/7/2023 14:09

Really?! EQT apparently were lying when they said they had handed over to the local operating company! The execs are posting contradictory information. We are rightly suspicious when it looks to us like they don't know what they are doing, but it seems they don't know what each other are saying or doing.

We were right not to trust them when they said that they had formally handed over, and we would do well NOT to assume they have solved continuous feedstock operation.

We still don't know if it works, except in batch.

Meanwhile Wastefuel have stolen the headlines (again - a repeat of a late 2022 launch) with their modular approach to synthesising methanol from waste, based I think on a tandem process of dry (roasting in catalytic oven) and wet (high pressure steam) reforming. Blunt science and not efficient - it is a net consumer, you have to put more energy in for the fuel energy you get out, but ok the input energy is abundant and cheap eg intermittent wind or solar surplus to local grid requirements. Maybe that doesn't matter so much, if it turns shipping green or provides ingredients for green aviation fuel synthesis etc. But ... does it work in autonomous feedstock mode or do you need operator-conducted batch processing; the same problems to solve as here, makes all the difference commercially, and Wastefuel are years away from physical plant.

[m4rtinu] 06/7/2023 12:34

Yes, MNRG another dreadful decisión.

[pa123] 06/7/2023 09:19

really? can't wait for the next one.

[stockknobjockeyvanbookstino] 05/7/2023 19:30

pa123 there have been a few financial closures already.

[hoper1] 05/7/2023 17:12

Sorry Flin, that should have been a laughing face emoji!

[pa123] 05/7/2023 15:48

i will fall off my chair the day they announce a financial closure.

[juju44] 05/7/2023 14:55

I have given up paying regard to their communication. They have fed us lies and deceits for years . Us believers got poor while they got rich

[stevea171] 05/7/2023 14:46

What does 'plant handed over' mean? For me it means the operations team doing all the work and EQT support staff have returned to base.

But no. In EQT speak it is similar to 'it looks a lot like Xmas'.

According to JVL 'Eqt plc engineers' are still 'on site' and 'our client in Tuscany is still stabilizing operations'.

It seems they use language, careless to it's accepted meaning, just to suit themselves and the PR mission they are promoting. Is this why no one can trust a word they say?

[aja2] 05/7/2023 12:49

Photos on inside of the Italia plant and brief explanation of the process: hTtps://twitter.com/vandergazoo/status/1676525396093804545?s=46&t=4uNN2I5M-DHkscZ6RGerNw

[m4rtinu] 05/7/2023 08:25

Aja, thanks for link. Seems JVL was accompanying a prospective Utility client. Which is good.

Anyone know if local operator would be paying Eqtec for support as handover complete.

Crack on with bank refinance now!

[juju44] 04/7/2023 21:22

Dream on - hilarious

[1flynn] 04/7/2023 17:27

Now now .

Apparently the directors are being constantly headhunted and could make much more money elsewhere for their labour and expertise.

So count ourselves Lucky to have this BOD putting shareholders interests before themselves.

[aja2] 04/7/2023 14:47

It was a video with audio not photos in the link I supplied.

[hoper1] 04/7/2023 14:44

No doubt JVL will post some photos and give an upbeat comment

[aja2] 04/7/2023 14:14

JVL visit to Italia: hTtps://www.linkedin.com/posts/jeffrey-vander-linden_baseload-cleantech-syngas-activity-7081947716661981184-8-4x?utm_source=share&utm_medium=member_ios

[juju44] 04/7/2023 12:13

All dreadful here. Directors have raped shareholders and made a killing . Such return for incompetence is obscene