Mon, 5th Oct 2020 07:00
RNS Number : 0253B
David Palumbo,
"I am delighted that EQTEC has appointed industry leader Wood to complete the independent technology and market review and signed a heads of terms to explore the potential for future collaboration, to help to accelerate bringing EQTEC's advanced gasification technology to waste to energy projects across the globe. Through partnerships like these, EQTEC would be efficiently leveraging one of the largest and most respected global engineering players to improve significantly the knowledge and exposure of EQTEC's technology to international businesses and accelerate the global growth of its short and longer term pipeline of opportunities."
Fri, 18th Dec 2020 07:00
RNS Number : 0902J
David Palumbo,
"We are pleased to have signed this call option and exclusivity agreement to acquire the Project Site after completing our due diligence, making good progress on financing discussions and shortlisting EPC companies for the Project.
Key terms of the Call Option and Exclusivity Agreement
The consideration for the grant of the Option is £260,000, which is payable £100,000 on exchange of the Option and £160,000 if completion under the Option (and the LPA is agreed and entered into) no later than 28 February 2021.
EQTEC has already secured grid connection; completed technical due diligence with technology insurance providers; and ongoing discussions with potential funders and co-developers are progressing well.
EQTEC is applying for a modification on the current planning to both improve the economics of the project and reduce the size of the footprint of the plant.
Wed, 27th Jan 2021 07:00
RNS Number : 9818M
David Palumbo,
"We are delighted to start 2021 with the achievement of a significant milestone for the Project and Company, by securing planning approval on the Project Site for our revised scheme, and so soon after signing the Call Option and Exclusivity Agreement last December.
Once full commercial EPC offers are reviewed and negotiated to contract, a final decision will be reached with regards the funding structure for the Project, on which EQTEC will then provide an update to shareholders.
Fri, 8th Jan 2021 07:00
RNS Number : 9991K
David Palumbo,
"We are pleased to be on track for the development of another advanced gasification plant in Greece. Through our relationship with Nobilis, we expect to develop a pipeline of sustainable waste to energy projects in Greece that will benefit from EQTEC's advanced biomass gasification as a great solution for clean energy generation. The MoU also highlights the growing strength of our partnership with ewerGy, as we pursue a growing pipeline of opportunities in Greece and across the Balkans. This 'strong partner' model is fundamental to EQTEC as we further expand our business development and project delivery reach."
Copied from Aandi
Eqt's motion to dismiss
https://jmp.sh/xdeQbua
Aries motion
https://jmp.sh/vFdlv
COULD ALL THIS COME IN BEFORE March starts
Mon, 5th Oct 2020 07:00
RNS Number : 0253B
David Palumbo, CEO of EQTEC, commented:
"I am delighted that EQTEC has appointed industry leader Wood to complete the independent technology and market review and signed a heads of terms to explore the potential for future collaboration, to help to accelerate bringing EQTEC's advanced gasification technology to waste to energy projects across the globe. Through partnerships like these, EQTEC would be efficiently leveraging one of the largest and most respected global engineering players to improve significantly the knowledge and exposure of EQTEC's technology to international businesses and accelerate the global growth of its short and longer term pipeline of opportunities."
Carl Sykes, Energy Transition Director for Deltasource (Middle East Branch), commented:
"The award of this scope to Wood is the first step in an intended collaboration process that is expected to move significantly the dial with respect to the conversion of potential projects to profitable energy-to-waste assets in an environmentally friendly way. As specialist investors in and advisors to the natural resource and energy sectors, we are highly sensitive to the various factors that underpin an investable project, a robust plan, a predicable execution and safe, low carbon, sustainable and profitable asset operation. We will also bring intimate knowledge of the Middle East landscape and local energy market dynamics."
Fri, 18th Dec 2020 07:00
RNS Number : 0902J
David Palumbo, CEO of EQTEC, commented:
"We are pleased to have signed this call option and exclusivity agreement to acquire the Project Site after completing our due diligence, making good progress on financing discussions and shortlisting EPC companies for the Project.
Key terms of the Call Option and Exclusivity Agreement
· Scott Bros grants to the Buyer an exclusive call option (the "Option") to require Scott Bros to enter into a binding conditional Land Purchase Agreement (the "LPA") to sell the Project Site to the Buyer.
· The Option may be exercised any time up to 28 February 2021 ("Option Lapse Date"), and the Buyer and Scott Bros have agreed to use all reasonable endeavours in good faith to agree the LPA by such date and to enter into the same on or before such date. If an option notice is not served before the Option Lapse Date, or it is served but the terms of the LPA are not (in the event) agreed by the Option Lapse Date, then the Option shall lapse and will be of no further effect.
· The consideration for the grant of the Option is £260,000, which is payable £100,000 on exchange of the Option and £160,000 if completion under the Option (and the LPA is agreed and entered into) no later than 28 February 2021.
EQTEC has already secured grid connection; completed technical due diligence with technology insurance providers; and ongoing discussions with potential funders and co-developers are progressing well.
Absolutely right. I have confidence in this share.
My reference above is generic not specific.
The reason no one is buying and selling in my book is funds. Once the money starts changing hands the opportunities are realised until then it’s good will and prospects.
This is my biggest holding, my decisions are cast in stone, barring any fundamental changes. If it goes down I will buy more otherwise I hold
My point is goodwill doesn’t put bread on the table with eqtec the way it does with others.
Everyday is a school day in this world.
Personally happy to sit on stock and watch it hopefully take the same trajectory as ITM and if it does become world class sit on it for dividends into my twilight years. It worked for Warren Buffett
Thank you.
So does this suggest that a large buy is being prepped. If so why doesn’t that just appear or are you thinking that it hasn’t been filled yet?
In which case would that lean towards a reduction in price to encourage sales to fill an order?
I would expect 2p to be a stop loss point. (I removed my stop loss and adopted the approach that if it drops I’m buying more)
Am I barking up the right tree or completely wrong here
First I need to say I’ve been in since 0.048 and I’m holding more than 2 m shares
When this was around 2.75 I set a stop loss at 2
I’ve since removed that because I don’t want to sell my holding.
Does anyone manage a stop loss on a share like eqtec.
I’ve experienced it before when a share drops through the stop loss and bounced up way past my buy in price.
The frustration is manic.
I held Argo from 4p up to 35p and sold before the massive jump over a £
I’ve held miota until recently and it’s decided to surge this week
I’m not letting go of eqtec for all the tea in China
When you buy a companies share and it drops in price. You internalise your decision
Did you make a wrong decision and should you sell
Or have you made the right decision and now you have an opportunity to buy a great stock cheaper?
Buying Eqtec IMO is a great decision.
“Throughout all my years of investing I've found that the big money was never made in the buying or the selling. The big money was made in the waiting.”
Hi All
I’ve been steadily buying this share since buying in at 0.48, I bought steadily as my confidence in eqtec has grown (I even bought at 2.8) I now have a reasonable holding ( a bit heavy really for what is a comfortable risk) I recall seeing detail and value of £441m in pipeline but I can’t recall where I’ve seen a value to the potential pipeline of contracts. Can anyone offer a link or an update to a value of potential business in coming years. Thanks in advance.
I've scanned the documents and by no means an expert (or even pretend to grasp) it does seem like 2 firms saying "you tell us what you know and we'll tell you what we know" which at face value isn't so bad. But there appears to be value in this approach for only one organisation. Like all of you, from what i have read about eqtec (mainly thanks to Aandi & Co for great links) whilst any small company has risk, Eqtec appears to be on the verge of greatness. Malcolm Gladstone says in his book outliers, when 10,000 hours of practise meets the opportunity great things can happen.
So it seems to me that Aries has said to Eqtec you are using a system that is built on our secret design.
Eqtec have replied saying that’s rubbish our designs are secret so how would you know
Aries have said well prove it by showing us your secret design.
Eqtec have said well we won’t tell you how we do it, but we will tell you, it isn’t on your system. Here’s a picture.
Aries seem to be saying but you might do in the future
And that is why we find ourselves here......does that seem about right!