Member Info for Bananaman2

JR69, interesting comment about EQT not having a product. Surely their product is the gasifier technology that can deal with all types of waste not just plastics. I agree that EQT have to fund projects but that is to their advantage as they can then be responsible for the planning, design, manufacture, installation, operation and maintenance of the equipment plus sales of power, gas and heat energy whilst providing a cost effective solution with enduring revenues. This is the USP of EQT. The level of input required by EQT will depend on the type of contract. As we have seen the Greece contract is to supply whilst Billingham will be a lot more than that.

I dont think EQT will have a problem funding any projects. Certainly at the moment there is a delay in financial closure due to COVID restrictions and availability of financial staff but surely these projects would have banks and financial institutions fighting over them, just look at SAE with HANA. Subject to achieving a few key milstones they will fund 100% of the first conversion plus an extra £50m to assist with fuel pellet manufacturing facility. They obviously see little risk.

DP seems very savvy when it comes to the financial aspect of the project and this will really work to EQTs advantage. Although their product is gasification equipment DP will surely be leveraging the experience of the company to achieve project financial closure, funding and bigger stakes in bigger projects. One thing I have not picked up on, with projects such as Billingham will EQT also receive gate fees for the waste ? As well as sales of energy ?

PHE have a different model and do not necessarily deal directly with the same issue of municipal waste and will receive an annual licencing fee per site. This is not a negative but an advantage when holding stock of both or all 3 (EQT, PHE, SAE). All 3 deal with issues of waste without to much conflict over the waste they are fighting over. The added advantage of EQT being that they also work with other carbon based materials.

Very exciting time coming up in the sector. I admire the conviction of some of the poster on here with such big holdings. I am still building and will be filtering my profits here, PHE and SAE.

The only positive about the webinar is that LC will demonstrate to the market that he is not shying away from his inability to meet deadlines. We should take some confidence fromtm this in that its unlikely that he will fail again. The PPA update said a 'few weeks'. So far it has been about a week and a half. We should not expect the PPA announcement by Wednesday but we should at least expect that it will happen by end of October.

70m traded today across both markets so far.

Lets be honest, this is not a £6m business. BZT have been around for a few years now. I first invested in 2010 and since then they have added value but the MCap has dropped. There is much to come with a little more patience. Fortunately volumes are increasing.

*Their not There !

Ghengis, plastic and tyres, but what about other carbon based material waste? EQT partially solve the general waste problem.

My point is that I am more excited about EQT from these levels than I am about PHE from there current level. I cannot understand the disparity in valuation. EQT have proven technology with substantial operational hours.

As I said, I hold both, so not trying to run PHE down.

aandi. I really do agree with your synopsis of EQT and the future. Their product will play a vital role in dealing with waste and creating value from that waste. There are many positives and over the next few years I would like to think that incineration will be replaced with this gasification technology.

I am also holding PHE shares but I am just not feeling it with PHE. I think they are over priced and over hyped simply because they produce 'hydrogen'. There is significantly more value here with EQT and gains of 1p per session are quite possible in the not too distant future. If holding around the 40m mark as I expect that would be a difference of 400k for every 1p change in share price. I guess you will have good days and bad days should EQT ever get to that stage. With a tender pipeline increase of $341m in H1 2020 there is every opportunity that they could very easily achieve a T/O in excess of £100m in a few years and profits when multiplied with a PE ratio which could lead to a £1bn valuation.

Getting past 1p per share and a £68m valuation is the first hurdle though.

I doubt it but that is not a problem. The webinar will not be to discuss news released today, it will be to demonstrate the potential news flow which is to come. Even LC can't understand the reaction of the market to some minor delays in progressing KAT Blyvoor project and signing of the PPA.

At least the share overhang has cleared so when something positive does land and LC proves he has it in him to deliver the SP will move accordingly.

£5m MCap will look very cheap

The seller will be selling at anything above 0.16p as there are 390m warrants to get through assuming they will all be exercised. This is not a negative spin it is just a fact. Last week we were notified of 66m being exercised, which we can assume were forward sold (placing shares) at 0.17/0.18/0.19 and the warrants were exercised using the capital from the sale of the placing shares.

Assuming that everyone that ones 1/2 a warrant for every placing share there are 325m approximately left to wash through before the SP will start to pull away. Again, assuming that they are all exercised.

When this is washed through it could move very quickly as news may coincide with completing the exercise of warrants.

Sharter. Brilliant name. Wish I had thought of that one!

Exactly. Its embarrassing and desperate. Above all else it is obvious.

The smell of burning shorts will be getting stronger over the coming weeks.

Let's hope so wigscoff88. We even have fake twitter accounts and twitter trolls working over the weekend. Its comical. Clearly been caught short with their pants down and know the inevitable is just about to happen.

I would like to think this could be the next EUA or GGP and over the next 12 months BZT have a meteoric rise.

I invested here at 71p in 2010. Probably a little early I admit. I also paid 42p for some shares in 2010/11. Its a long way back to that price but you never know !

Regardless of what is going on there it does not seem to be stopping AAZ with talks, discussions, promotions and generally moving forward with the JV with CGNR. They have been quoted several times over the last few weeks regarding the JV so its just a matter of time before it's confirmed and drilling commences.

We shall see about that. 10 x MCap from here is still f**k all so not unrealistic for a company producing and with a revenue stream.

I read this thread the other day and wondered if thisbis entirely possible and a comparison. GGP have had an astronomical rise. What conditions need to change for BZT for them to realise even half that rise ?

Where are BZT in comparison to GGP in respect of resources and time to production ?

If this has been compared has someone got a simple run through ?

I was invested in BZT isn 2010/11 at 40p-70p. Fortunately I moved on. Things appear to be a little different 10 years on.

9.5p by the end of 2020 ? Are you sure ? That is some rise. Maybe 0.95p is achievable or 9.5p by end of 2022 but not this year.

Would be a great Christmas if it did happen. Particularly for aandi !

What is the view in these being exercised ? Placing shares create an overhang which appears to have cleared at the 0.2p price but now we have moved above the 0.25p price where 240m CLN warrants can be exercised.

Often warrants are linked to placing shares and therfore placing shares are forward sold above the warrant exercise price before warrants are exercised thus locking in profits. Warrants then exercised and the market notified. When this happens there is often another overhang as they are cleared.

Does the owner of the CLN warrants already have shares to forward sell ? Or are we likely to see these warrants exercised before we see a 240m overhang ?

After this the next batch is at 0.4p. With volumes increasing and imminent news i cant imagine any major time period to clear them.

What the views on this next tranche of warrants ?

Jammy. Thats my view also. Hate to see people lose money but hate shorters and those trying to put a negative spin on things. AIM is very sentiment driven. Having seen VDTK driven from 19p to 7.5p in weeks by shorters and derampers I have taken a very big dislike to them.

They are not forward selling the warrant shares. They are forward selling the fundraise shares which they must own to be able to exercise the warrant. It is a figure of speech.

This is still under the radar but picking up a bit of attention. Hopefully the bottom is in at 1p and this may start to rise back towards fair value (NAV and Loan repayment) toward 3 - 4p.

Nice recovery opportunity