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Shes no bother when shes asleep
ROTFL !
.....yeh....and an ejector seat for the wife.....Reg
Fully committed might take a couple of years but think we will hit double figures in that time
Next milestone ~ 27th May .
Iangreen ~ I hope you`re focused on the Top of the range , Super DeLuxe model , with fully fitted kitchen and bathroom .
I reckon you will still have change to buy a couple of Electric Bikes to stick on the back next year ;)
Just been to have a look at a "Eqtec" new motorhome its mine when/if this hopefully hits 8p-10p might be a pipe dream but we all have to have those in these times GLA
Morning All ~~~ 80` here today , Just above freezing for EQT !
Simply excellent news today and a little disappointing to see the sp flat .
Not at all surprised and not at all concerned . There are so many reasons why the sp is where it is not least of which is the number og shares in circulation , 7,200. Million is a chunky quantity and we will need some chunky volumes to get things moving . Additionally , around six months ago you could buy a nice holding at around .05p . Some people had very , very large holdings and I suspect caution , impatience and profit taking has kept the pressure on share price growth over the past few months Most important is the requirement to see quantifiable developments , growth and of course profit .
Once momentum begins I am 100% confident that these criteria will be met and exceed expectations .
I think today`s news will mark the begining of a rich and accelerating period of positive news surrounding Company developments . We know there is so much news to come and once this gets a head of steam there will be a real scramble to grab a stake in a hugely relative growth opportunity .
Plenty of time to reach double digits by the end of this year , and todays news is an indication of just how exciting next year will become .
Don`t lose faith . IMO .
VGLA .
Thank you, missed that!
Gsp
https://drive.google.com/file/d/1B88yCg0G54UCsSlNy89YBKMfcHHlvRc1/view?usp=drivesdk
Page 34.
Over a year old now
Hi gspanner,
O & M figures are on this document, page 34.
Aandi,
Never seen that info for the O&M figures, is that hiding on the website somewhere?
Thank you
gsp
Just a reminder there is also a Telegram Group for Eqtec, very informative. https://t.me/eqtec
@1.75% for the O&M contract suggests the Capex could originally have been €12.28m.
Revenues on biomass plants are less than RDF plants due to no gate fees. But at €2.5m it's a very good deal.
(iii) Operations and Maintenance (O&M) - Revenue generating phase
EQTEC typically provides O&M services following completion of the construction and
commissioning phase of a project.
The revenue EQTEC generates from O&M services is typically 1.75% of the total capex of
a project annually (split into 12 monthly payments). For example:
for a 2MW project, total project capex is €15m. Total annual O&M revenue would be
1.75% of that = €263,000 (paid €22,000/monthly), usually for 10 years.
for a 12MW project, total project capex is €75m. Total annual O&M revenue would
be 1.75% of that = €1.313m (paid €109,000/monthly) usually for 10 years.
for a 25MW project, total project capex is €160m. Total annual O&M revenue would
be 1.75% of that = €2.8m (paid €233,000/monthly) usually for 10 years.
(iv) Exit - sale of equity (if EQTEC has any in a project)
EQTEC’s advanced gasification plants are designed to operate for 20-25 years.
Once the plant has been operating reliably for 3-4 years, it is possible that the plant’s
equity could be sold to a pension fund (or similar type of annuity investor).
EQTEC has the option (but not the obligation) to take an equity stake of up to 25% in
each of its projects.
Once in operation, if it had equity in a project, assuming this was 25%, EQTEC would have
the right to 25% of the plant’s annual profits. If the equity in the project were sold (e.g.
to a pension fund), it would be able to realise the proceeds for the same value as its
equity.
'The O&M contract value for the Company is expected to be approximately EUR215,000 per annum'.
This is the really interesting part for me because it confirms why I am so inappropriately overweight here - its all about the way these agreements generate the 'cash cow' effect. An actual figure has not been available before.
There will, of course, be some margin on the euro1.75m engineering/parts, and the 20% ROI is very attractive but that yearly income, Euro200K on a 1MW facility, lets say Euro 1-1.5mil on a 15MW facility, repeated many times is where to money rolls in. Before long pump priming the equity will not be necessary (hopefully), so that will be the key figure. May not see one again if confidentiality included as part of the deal also.