Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
In line with its strategy of working with local partners the Company has non-contracted tender opportunities worth a total potential pipeline value of €657 million, bringing the total pipeline to 58 at the end of 2020 (a further 17 were added post period, between January and March 2021)
Of 14 pipeline opportunities prioritised by the Company for immediate pursuit, 12 have been introduced through 5 partners.
Over a dozen new opportunities in Greece are identified for 2021 - 23 with a handful of those targeted for 2021.
a second project with Phoenix in Napa, California and a third project with Phoenix, in Wilseyville,
In Croatia, the Company is finalising a joint venture with local partner Sense ESCO d.o.o. that will pursue a portfolio of projects there including 2 in 2021 and a further 2 in 2022.
The UK's first plant employing EQTEC technology will be in Billingham, Teesside, currently under review by Idex Group ("Idex"),
Two other UK RDF projects are expected to progress in 2021 with similar milestones to the Billingham project:
1. Deeside, Flintshire with co-developer Logik Developments Limited
2. sustainable waste-to-energy solution for Toyota's engine manufacturing plant in Deeside.
3. Southport, Merseyside with co-developer Rotunda Group Limited.
Subject to Financial Close, construction is expected to commence at Deeside and Southport in 2022.
Collaboration agreement with Carbon Sole Group Limited 2 biomass-to-bioenergy plants are being developed, with 1 additional site under review. Updates on technology partners and planning progress are expected shortly.
recovery of two plants built with EQTEC technology, it will see EQTEC lead consortia to acquire, repower, own, and operate its technology in target markets such as Italy and Croatia.
The 2 plants are expected to be acquired in 2021, with the first acquisition nearing contract completion.
Framework Partnership Agreement (FPA) with MetalNRG plc (LON: MNRG
significant increase in new interest from Asia, the Middle East and Australia, including direct approaches by potential delivery partners, including EPC companies and their suppliers.
For 2021, the Group is targeting considerable, contracted sales growth from 6 - 8 projects across Europe.
Revenues from inflight projects, new projects and gradual growth from maintenance and consulting contracts are forecast to be approximately €15 million in 2021.
no deals dropped from the Company's pipeline and the cash balances of the Company on 31 December 2020 stood at €6.4 million.
With long-standing partners, the University of Lorraine the University of Extremadura as well as with private sector partners with whom the Company is currently finalising collaboration agreements,
it will pursue tests and research to enable usage of new types of feedstock, including all variations of RDF, sludge, and plastics; as well as a range of joint technologies for applications in biofuel, bio-SNG
Not worried. Still not out of Covid fully. Delays still causing issues. 17 may step 3 most businesses reopen 21 June step 4 removal of all limits on social contact. 7 weeks and counting!!!
Patented advanced gasification technology SETS the global standard
A dozen financial closures in next 12 months
Why would any MD or CEO say we will be profitable this year, if there was any chance they wouldn’t be!!!
Career Suicide!!!!!
https://www.benzinga.com/pressreleases/20/01/ab15096447/biomass-gasification-market-growth-is-driven-by-increasing-green-house-gas-emissions
May 2019 – EQTEC Plc, an Irish gasification technology supplier, entered into a partnership with Phoenix Biomass Energy Inc., a California-based power firm, to jointly develop a biomass gasification power project in the US. EQTEC will supply its proprietary Gasifier Technology (EGT) for each site, and five sites have already been identified for the same.
1.6 or 2.4 are the suggested next points I believe !!!
I wish I’d put more in at 0.4 rather than 2.75 but hey ho!!
I’ve also had 1.4, 1.8, 2.0, 2.2 (only recently) and around 2.5 (from memory)
Averaged at 1.9 which is shameful but if it hits Reg’s 50p I don’t care roll on 2025 and see what we are all saying then !!!
https://ksusentinel.com/2021/04/28/covid-19-impact-analysis-of-counter-current-gassifier-market-report-2020-shangqiu-haiqi-machinery-equipment-chanderpur-works-host-outotec-oyj-andritz/
Leading companies reviewed in the Counter Current Gasifier Market? report are:
Shangqiu Haiqi Machinery Equipment
Chanderpur Works
HoSt
Outotec Oyj
ANDRITZ
Valmet
CASE GROUP
Siemens
Infinite Energy
Eqtec
Ankur Scientific Energy Technologiesm
Reading all of these comments with interest because almost all of which we talk about recently is timing speculation based on past RNS.
In theory EQT could get financial closure on all the deals next month
5 separate partners have bought in 12 deals
"These key relationships are expected to assist the Company in driving rapid pipeline conversion"
Rapid as in start to finish, not rapid as in any time now!!!!
When eqtec results came out MF used them to refer to a “better” share option once subscribed. Pretty much done the same thing today with Argo.
Half expect to see Jim Bowen pop up and say “look at what you could have won”
Lots of financial expertise on the board of EQT.
The next news won't be a new partner or pipeline deal.
It will be a strategic route to market EQTEC FINANCE
Wood group news.....
An enabler to close the pipeline down and commit it to business
That’s a good idea reg, but I’m not sure anyone wants to get stuck in the middle of this
https://www.constructionenquirer.com/2020/09/29/mw-group-faces-133m-claim-over-hull-energy-plant/
I’m sure we all know what speculate means but here is an online definition for a speculative share
What Is a Speculative Stock?
A speculative stock is a stock that a trader uses to speculate. The fundamentals of the stock do not show an apparent strength or sustainable business model, instead, the trader expects that such things may one day come about for one reason or another. For the present moment, however, the price of the stock is comparatively low and holds a high degree of risk. This may be a penny stock or an emerging market stock that the trader expects to become much better known very soon.
I like this last bit “much better very soon”
The reason why the share price hasn’t already risen is simply lack of financial closure.
(6 or 7 expected in 2021)
So the part about having an unsustainable business model ( whilst factually correct) holds little bearing unless all of eqtec pipeline fails to close ( almost impossible I would think)
So much upside so little downside......IMO GLA