Member Info for Bananaman2

One of the main advantages to EQT is that not only do they have R&D pilot plant to try new feed stocks they have an operating facility with audited performance. In the interview released yesterday DP states that the plant operates for 7.5k to 8.5k hours per year. Thats 85-97% operational. Just shows how much data they have and how reliable the gasification technology is.

This is not a pilot plant but a fully operational facility. Next step is to build a 10-25Mw municipal waste plant as a show case for that sector.

I wonder if they have looked at PPAs for municipal waste as there will be a reduced gate fee from this due to the higher efficiency of the gasification process. If they can sell the energy back to an end user such as a data centre then this can offset the difference someway bybl charging a slightly higher rate for the energy over the grid payment which allows for transmission but less to the customer than they would pay for energy from the distributor.

I am sure DP has already looked at this. Maybe I havent picked it up being more focused on financial closure in its entirety.

Great business model and I think they are putting in a lot of ground work.

Yes, very good. DP really has a grasp of the product, the industry, regulations, market size and what EQTs main advantage is.

Having a plant operating between 7500-8500 hours a year for nearly 10 years shows that the technology really is advanced stage. Where most have not more than a pilot plant.

Building a 10-25Mw power plant is the target within the next 18 months to deal with municipal waste. This will be a show piece and will really push EQT into another realm. Projects will likely demonstrate an IRR of 12-18% which is very good compared to other renewables. Not forgetting this is a non-subsidised renewable. This will only improve as production costs reduce.

30-40% more efficient than incineration per tonne of waste. Which for EfW is not so good where it reduces gate fees.

I appreciate this is painful at the moment but patience is going to be rewarded. The next 36 months have the potential to see EQT become a global player in the advanced gasification market. I think there will be a lot more focus of clean processes and DP is doing all he can to show what EQT can offer across the world.

DP is proving to be a great choice to push the business forward.

Maybe. What I am trying to demonstrate is that there are clearly companies out there which are on the verge of being commercial, have a proven product, can produce hydrogen if required, provide solutions to other issues.

If you felt that was my point in apologise. I have held AFC shares for over 10 years. It really was only to show that ITM had significantly higher worth than AFC and dare I day EQT but does it really have that much more value.

When AFC actually start to sell their products be it Alkamem, H Power or complete hydrogen generation and power systems I can honestly see them being cash positive before the likes of ITM.

The Value gap or disparity is widening and for no good reason as far as I can see. Se what if ITM has Linde. AFC has De Nora who in turn has ThyssenKrupp, we now have Acciona on board, Extreme E etc etc. These are all partnerships, why should we just give large parts of the organisation away if AFC can survive without it.

Let's just see, yes its great for H2 sector but the likes of AFC and 'others' are now looking better value than ever.

Red-hornet. Relevant forums ? Not sure what you mean ? This is a forum to discuss AFC. If I feel there is a unjustified disparity between a sector peer and AFC then I am entitled to my opinion.

How much is Tesla worth ? Vs turn over vs profit. Too much ! Whats your point ? There are alternatives as there are for ITM. Clearly this is good for the H2 sector but generation of hydrogen is of no use without a means to use it cleanly. Whilst other companies are working on commercialising their tech there are some which have a proven product. Whist these are not in vogue as with ITM it does not make them of any less value it just makes them 'worth' less.

Interesting read. Their first LinkedIn post for some time.

Funded drill by Glencore and 24% ownership of a large Zinc resource which would make sense for Glencore to purchase fro group 11 and ARK or just take the share of ARK for a payment.

This would enable ARK sufficient capital to drill on gold targets without much further dilution.

Very strong opportunity to increase significantly from £3m MCap

Yes. I agree. It is sometimes a difficult task to see the wood for the trees.

And further slippage all-round today.

Energy and commodities stocks not doing their job. I have a two ISA'S I can utilise yet before April 2021. Bring it on Market Makers pulling the price on zero volume you dirty barstewards.

Staying clear and trying not to pay attention. But this is now an absolute fooking bargain.

Patience all-round at the moment. Here, VDTK, AFC, SAE and the biggest mistake i made was PHE. Avoided for years but bought in on the hype from the last placing. Wish I hadn't. Beginning to wonder if I made a mistake. It was a hedge against EQT. I dont care what anyone says, I just don't see them as advanced as EQT in respect to commercialising the product. Time will tell.

Small amount of cash left and reluctant to use it. Have held off buying here but volume is decreasing and SP drop has slowed. Maybe its a good time to add and forget about it for a few months. Billingham or Aries claim closure could arrive and this price will be gone. Next year, when things are under control a little more EQT are going to be busy. But I am with you, the wait on everything is painful. I am just not a trader, just a very frustrated and unhappy investor.

Best of luck all. This will turn around. EQT look like a great company with a strong future.

Not sure what to take from this. Clearly ITM are making some progress but are a long way from profitability.

I know AFC have not made a commercial impact yet but I feel that they will at least be profitable fairly quickly and possibly before ITM and CWR.

EQT have in the first half of 2020 returned commercial tenders to the value in excess of €200m and the second half of 2020 is going the same way. The difference being that EQT only have a value of 1/30 of ITM.

I am just not sure why there is such a huge disparity between ITM and the sector. The value is based upon the tech ? There is only £3.3m revenue and a £29m loss so the value is not based on profits.

So why the disparity with AFC at £120 and EQT at just £36m. Not the same i know but same green tech sector.

When I last checked EQT had £10m in the bank, projected sales for 2021 of around £40m, proven technology, and near term profitable (projected within 2022), commercial tenders for H1 returned over €200m and growing into H2 2020.

Now look at ITM annual results

FY2020 Financials:

· Transition year with revenues and EBITDA adversely affected by COVID-19, Brexit and the adoption of IFRS 15

· Total Revenue & Project Grant Funding of £5.4m (2019: £17.5m) down 69%, comprising:

o Sales revenue: £3.3m (2019: £4.6m) down 28%

o Collaborative grant income recognised: £2.1m (2019: £12.9m) down 84%

· Loss from operations £29.4m (2019: £9.3m),

· Adjusted EBITDA loss (see note 7) £18.1m (2019: loss £7.3m), increased 148%

· Available cash balance of £39.9m at year-end (2019: £5.2m)

Sales revenue not too dissimilar to EQT, cash balance is 4 x EQT, pipeline is less than EQT by approx 50% and an annual loss of £29m suggests that they are not even close to profit.

Now for the good bit

EQT MCap is £34m vs ITM MCal £1.2bn

That is 30 x that of EQT

See TW has an update on his views of VDTK. Also have the shorters back in town on ADVFN.

VDTK need to put a SP rescue package in like Rushi Sunak will need to do in order to pull the company from the dulldrums. It has been over 2 months since the last non damaging RNS. Transformational communciation is key now or the f**king shorters will win again. VDTK do not deserve it IMO.

Waiting 'patiently' as always. Nothing to report, nothing to discuss. Seems to be a pattern emerging across the PF at the moment. Something has to change soon.

Sorry Stonepark ! Not stonebridge

The market is a fickle place. Good news is sold into, bad news is sold into and no news is sold down.

Doesn't matter what the company does, how well it does it or what the prospect are. There is always someone that wants to knock it.

I see ARK as a very good opportunity. Its clear that Stonebridge will be worked into from Pallas. Whilst Glencore get in with getting zinc out the ground they have funded the drill at the next target. What will the percentage owned by ARK be worth ?

Steady please. No more spikes.

Its actually 1m Oz probably due to the increase in gold price making the cut off price for extraction i.e g/t lower and increasing the resource size.

My god this is painful. Feeling pain everyday in this market.

Whe ln is something good going to happen

.

Around that time. Pathetic. I should have known better and followed my instinct.

2 million shares of F**k all vakue is still f**k all. I would not say its a large buy and something to get excited about.