Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Congratulations to Saietta who won impact company of the year award...
https://ibb.co/n3NGPny
Data from investopedia suggest eqtec fundamentals on-top but hey hoe, we know how it goes, judge's decision is final! Maybe we lost because of the share price
https://ibb.co/n3NGPny
t dot me /eqtec
****/eqtec
Telegrams your place to be if you want your finger on the pulse (as close to the Eqtec heart as we can get) but there will no doubt be the counteraction, “un-moderated!started or owned by a Russian!!?security threat!?!”
About telegrams legitimacy.. Joining the Eqtec group is like joining a kingdom, you can be thrown out for bad form and everyone wants the kingdom to become rich! But once you are in you can join the gang, share photos, documents, links, search the chat and read the archive. Just don’t swap bank details, organise a coup d’etat or do anything terrorist related and have an appreciation and understand of the true meaning of free speech (with all its perks and daemons) and you will be fine! Now hopefully I don’t get another LSE ban…..
Arden
https://drive.google.com/file/d/1LAfO-fzzLws15LL2PXmVKiBP_gmWuPS_/view?usp=drivesdk
Align
https://www.alignresearch.co.uk/eqtec/eqtec-signs-collaboration-with-wood-group-at-southport-and-further-deeside-progress/
Longspur research - no access without premium subscription from research tree or Reuters.
Share price targets remain unchanged
New Arden and Longspur notes out today - anybody able to post them ?
No 1 for me, when putting my meagre amount into Eqtec was the idea of turning waste into energy. I don't have any experience in this industry so appreciate comments from those that do. I realise these big projects could take years and the timescale can be dictated by large partners. As far as UK is concerned there have been big macro shocks to the economy: Brexit, Covid, Ukraine. My main concern for Eqtec is funding requirements in these difficult times. From what I understand, any further fund raising (if needed) through placing could be hard to achieve. And loans will be increasingly expensive.
Fingers crossed we get enough revenue for the brilliant technology before finances are squeezed.
Q2 update last July was very thorough so hopefully learn more soon
On the website, it still says Karlovac should be operational "towards the end of 2022" so hopefully that will come through still.
As far as I know, no date has been set for North Fork. August is nothing more than the wishful thinking of a citizens' initiative.
EQT said the two MDCs will operational this year. And they said "With a bit of luck we will have North Fork or Agrigas built before eoy as well, so a total of 3.4 plants".
That's how it was communicated at the last AGM. If anyone has more recent sources, I'd be happy to be corrected.
An August date for Northfork has not officially been announced by eqtec... That was an update from Northfork community/wade wheeler made in February.
"Looks like August will be the make or break month for EQT immediate performance, Financial close and Cash payment of loan we will be flying, Further delay and equity payment of loan not so good !"
Forgot also the North Fork is targeted to be operational in August !
"I am still very optimistic Eqtec will become a very successful company."
Looks like August will be the make or break month for EQT immediate performance, Financial close and Cash payment of loan we will be flying, Further delay and equity payment of loan not so good !
@RollonRetirement : Thanks for the link
I am still very optimistic Eqtec will become a very successful company. I'm not too worried about the share price atm, I invested for years not weeks.
"Further planning permission was announced for the Eqtec plant around August/September 2021"
Was it ever formalised, or was it just a pre-planning resolution from the authority to grant permission when the phase 2 plans were formalised?
August 2020 eqtec became involved with Deeside. They don't design and build anaerobic digestion facilities? Also, Anaergia needed to do due diligence on the site and eqtec. Further planning permission was announced for the Eqtec plant around August/September 2021, along with the Anaergia announcement. So a year to get planning permission and a large partner onboard. And we almost reached financial close in 2021 if it weren't for the gas crisis/project deferral....
C909, the original planning permission was for the waste sorting and anaerobic digestion.....
Planning permission for Advanced Gasification at Deeside was granted at the Flintshire CC planning meeting on 27/10/2021
https://planning.agileapplications.co.uk/flintshire/application-details/63871
https://www.londonstockexchange.com/news-article/EQT/update-on-deeside-project-and-anaergia-inc-deal/15190069
This is good fighting stuff from DP today - onwards and upwards.
Forget about the SP and just be patient .
Tout vient a qui sait attendre.
Deeside original planning permission was given in 2018 as i understand it ?
https://planning.agileapplications.co.uk/flintshire/application-details/61160
Velocys Immingham plant, planning permission granted June 2020. Still no financial close. It takes velocys 3 years to reach financial close on a typical project, good slide at 28.45 on their interm results video if you want to have a look.
Velocys, another technology provider of waste to energy using gasification - see the slide of progress on their US project, planning permission was granted in 2018, financial close forecast 2023.
Having planning permission for an anaerobic digestion plant was pre Eqtecs involvement? Anaergia then step in and take over that operation. They have build a lot of plants before so that stage of the development couldn't realistically be going any better? As they are paying all their own costs at present.
https://www.biofuelsdigest.com/bdigest/2022/06/12/saf-with-feedstock-flexibility-the-digests-2022-multi-slide-guide-to-velocys/9/
2 years on from us taking on the Deeside project, which already had planning permission, already had the phase 1 design complete how much have we progressed this project?
DP loves a chat but never actually delivers anything, At least Cross Rail had a plan started then ran into problems, we cant even get started.
So we don't need to fork out the £2.3m for another 8 weeks? No update on the loan, unless it arrives tomorrow, so I guess we are repaying that now in installments, first repayment due in... 8 weeks. Unless we get a loan repayment RNS tomorrow,but can't see where £5m revenue would have come from for that as no financial closures have happened unless we have made sufficient revenue from the three projects earning cash right now, Northfork, Agrigas 1 & Karlovac - all three projects make us money as they hit various milestones as they near completion.
Computer909
You clearly don't understand how difficult it is to get these capital projects from concept to completion - especially when they involve cutting edge tech.
Just think what a hash the public sector makes at times and the overruns they have - Cross Rail in London for example.