London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
You will only have one login account. Registering with multiple accounts is not allowed. Any user found to have more than one account on this site will have all, and any future accounts suspended permanently.
Your email and password must only be used by you. If a post is made under your account, it will be considered that it was posted by yourself.
Your account nickname must not be the same, or contain, listed company names or board members' names.
While debating and discussion is fine, we will not tolerate; rudeness, swearing, insulting posts, personal attacks, or posts which are invasive of another's privacy.
You will not;
discuss illegal or criminal activities.
post any confidential or price sensitive information or that is not public knowledge.
post misleading or false statements regarding the share price and performance. Such posts are deemed as market abuse, and may be reported to the appropriate authorities.
post any private communication, or part thereof, from any other person, including from a member of the board of directors of a listed company. Such posts cannot be verified as true and could be deemed to be misleading.
post any personal details (e.g. email address or phone number).
post live price or level 2 updates.
publish content that is not your original work, or infringes the copyright or other rights of any third party.
post non-constructive, meaningless, one word (or short) non-sense posts.
post links to, or otherwise publish any content containing any form of advertising, promotion for goods and services, spam, or other unsolicited communication.
post any affiliate or referral links, or post anything asking for a referral.
post or otherwise publish any content unrelated to the board or the board's topic.
re-post premium share chat posts on regular share chat.
restrict or inhibit any other user from using the boards.
impersonate any person or entity, including any of our employees or representatives.
post or transmit any content that contains software viruses, files or code designed to interrupt, destroy or limit the functionality of this website or any computer software or equipment.
If you are going to post non-English, please also post an English translation of your post.
If you are going to post non-English, please also post an English translation of your post.
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium and Verified Members
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
RE: Weekend discussion whilst it is quiet.22 Jan '22
It's the same on pretty much every small cap board that I look in on currently. Posters look at the SP only, and use the unrealistic, and unsustainable highs seen in this sector, and elsewhere as their only comparison tool. No realism, or rationality seen, although I do get the frustration with the drops, especially when investors are underwater. It's quite tiresome to read day after day though, hence I rarely post on these boards. I appreciate the commentary from, what is a minority of informed posters on these boards. I will continue to hold here as it has always been a long term play, for me. Will be looking to add in due course too, when funds permit, and will await news. Good luck to you
Eqtec are in the process of developing biofuels/hydrogen/biochar(with carbon credits available) to distance themselves from any perceived opinion that eqtec are no different from an incineration plant as the process is simmilar, waste in and power out.
Another reason for developing biofuels especially biomethane is the 2021 gas crisis. Our neighbours at Billingham, CF fertilisers had to shut down operations due to a lack of gas availability. If they had a reliable local source of gas available (eqtec bio methane), they could have continued production unaffected by the spike in gas prices and pressure to stop operations due to their huge demands on the gas network.
So there we have it. Plenty of reasons why two flagship plants have not been fast tracked to financial close and against a wider market drop in thee price of green energy companies why the eqtec share price has dropped.
Meanwhile the hard work of the team continues, the pipeline grows, we have 4 or 5 plants under construction and what has to be over 17 plants in development at this time, the majority being bite sized plants in Europe with much shorter time frames to operation and financial close. We know from December RNS that FEED works and EPC selection are at advanced stages for Billingham and Deeside, and for deeside, discussions are ongoing regarding offtake contracts for power and gas at Deeside. The announcement of an offtake agreement at Deeside could be the trigger for financial close and f Deeside as once the long term price of electricity and biofuels/bio methane can be secured, an owner operator knows roughly the economics of the project and project financing calculations can be made and funding secured.
Well I hope the above makes sense, and as always this is just my opinion from my own research. Would welcome other people's opinions on subjects raised. Cheers
I see there is a disgruntled troll on twitter complaining about the eqtec share price and blaming management for the drop.
I would like to say a few things in EQTEC's defence on this point, examine a few potential reasons for the drop in share price.
Firstly, all Aim (and other market) green energy tech companies experienced a massive rerate from end of November 2020 into January and beyond. One reason for this could be attributed to the Joe Biden election success and the general consensus that the green sector was the place to be, there was to be a world wide boom in all things green and companies like ITM, PHE, CWR, EQT were great punts to capitalise from this wave of optimism and investment. The enthusiasm however was short lived... It was quickly realised that the Biden administration was not going to have the freedom to dictate monitary policy as they wished and there were wider issues to deal with, mainly covid, inflation fears and rising debt levels. How did the markets respond? Green shares suffered whilst money poured into the crypto market, oil companies on the back of an oil price rise, and more recently mining stocks and the metal market as comodity prices rise along with inflation and a covid recovery worldwide.
OK so this sets the background to the drop in green energy tech shares. What about eqtec and the delay of Billingham and perhaps Deeside also, the flagship projects which will impact the share price the most? Well it is my opinion that a change of strategy has been agreed, the reasons for this are several. Firstly, eqtec now have a new financial officer and he may have some of his own ideas. Mainly, increasing the value of these large projects to ensure their success and also generate eqtec larger revenues. To do this, hydrogen and biofuel offtakes are to be added to these projects, this requires redesign of the whole project and a delay whilst testing and modified FEED (front end engineering design) aree worked out prior to financial close. Now why this change of policy and not just stick to the original power and heat offtake design? Well at Deeside, the Welsh government put a cap on Energy from Waste projects at under 10MWe. Eqtec could have said, OK let's halve the project size from 20MW to 10MW andd carry on as before. This would mean slashing the project capex and suffering a drop in revenue for the next 2+ years equal to about 20% of total revenue (with Deeside capex surely in the region of £140m originally @ 20MW). Plan B, 9.9MW power output in line with new Welsh government guidelines but to add a biofuels process onto Deeside allowing thee project to maintain the 182k tonne capacity, reduced poowerr offtake but additional biofuels offtake. Now why is this a wise decision? Well from a wider policy stand point, energy from waste (incinerators) are rapidly losing favour with governments world wide.