Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
All the "experts" are out today it seems! The drop is in line with the rest of the sector... has absolutely nothing to do with the company or its prospects. We've had a very good run of news, with undoubtedly more to come.
Completely agree with aandi. 2-3 years from now I guarantee we will be soaring magnitudes above this SP. I've said it before... 2022-2023 will be the biggest growth years. I will keep my cash parked and wait patiently. Looks like we'll be able to top up another ISA this year at 2-2.5p which is a blessing. Have a good weekend all
Completely agree, couldn't have said it better. Everyone loves to point the finger, but let's be real... we're still amidst a pandemic, and we're approaching the end of tax year (possible capital gains tax changes coming). Look at the sector as a whole... PHE, AFC, and ITM have all taken a slamming. Not a coincidence, and that money will be back soon enough. 2021 is going to bumpy for EVERY market. The best time to buy is during periods of uncertainty. These dips are a blessing in disguise and not many realize it. When things clear up we will see big movements in this sector once again.
Always see a lot of emphasis on share price here, but market cap is where it's at. A large part of being successful on AIM is about having the ability to identify bargains in comparison to sector peers. A lot of us here did exactly this when we had a 50m market cap back in September. This ability combined with patience and solid research is key to success IMO.
EQTEC - Market Cap.. 130.95M
PHE - Market Cap.. 272.54M
AFC - Market Cap.. 396.30M
I still classify this as a bargain, but I'll let you decide.
I disagree, I don't think the court case is having much effect at all. For this reason I also don't see us getting a big SP jump on the case dismissal alone. There is a possibility that a huge partnership is being held up due to the court issue, in which case we would see a significant rise if a partnership were announced.
Good possibility of news tomorrow.
I'd say EQTEC are holding up pretty damn well given the circumstances at the moment. I'm not worried at all because if you look across the sector at AFC PHE, etc... they have also demonstrated a similar pullback, all of which are prosperous green companies. I'm excited to see where we'll be at the end of the year, hopefully with COVID-19 being less of a worry for the economy.
When you think about this company, the IP it owns, the operating hours it has, and what Palumbo is looking to achieve in the next 5-10 years, the current Market Cap of 150m is an absolute joke. I'm expecting this to continue upward for the remainder of the year, but the first half of 2021 could be mostly dusting off the cobwebs. I'm expecting late 2021 and 2022 to be an absolute blinder for EQTEC.
Easy to criticize his decision when sat at home on your comfy chair, having contributed nothing to the company. His reasons are irrelevant... Good for Gerry, 10+ years at the company with salary sacrifice, big payoff for him.
Green stocks got a little ahead of themselves over Christmas, it's just a correction which is normal. Plus let's not forget the circumstances the world is in, everything is extra risky at the moment. Looking like solid support at 2p which is really positive honestly. Should head upwards again on a positive Aries update. We're following a similar pattern to PHE in June/July of last year, which 6 months later basically doubled overnight. Hold tight.
Anyone else tired of people squabbling over these daily ups and downs? Let's be real, any individual here who thinks they have the power to influence the share price short term is a flat out goon. If you're worried about what the price will be today or tomorrow, then you've probably made a big mistake and invested more than you can afford to lose.
I rarely ever check the share price because what difference does it make? I check for RNS every morning and that's it. Don't be expecting a quick win here because it won't happen, this is a real company with exceptional long term growth potential. More than happy to let this brew for 5-10 years.
Perhaps if others spent as much time focussing on something productive as they do checking the price every 5 minutes then they might actually achieve something of true value.
"EQTEC's technology and solutions can significantly improve both the economic and environmental impact of many waste-to-energy projects, with no harmful or toxic emissions. The technology has, in the Board's view, the potential to become a new UK and global standard"
This single statement from today's RNS says everything. Looking forward to filling another ISA in April. Buy at these prices while you still can.
Enjoy seeing the positive here again. But just a heads up, don't be disappointed if the case isn't immediately thrown out. It feels like many people here are expecting that to happen, but the courts don't always necessarily operate in a logical way. The judge could reject this motion just to hear Aries' side of the story orally, even if it appears to have no grounds. The court has not yet deemed Aries' motion to continue, they only deemed EQTEC's motion to dismiss 'Doc. No.16'. If this happens, all it means is that we'll be waiting until February 25th for the next update. After reading the documents myself I'm confident we'll win the case, but it's either a win or a delayed win. The only downside is that this could potentially be holding up news flow about further US deals. Either way, some form of RNS update tomorrow would be great.
Nothing but another stop loss scoop.
Just look at the pattern... expect 2.5-2.6p support. This is tightening up on every bounce, the market makers will have no choice but to let this re-rate soon because they are profiting next to nothing on these tight bounces. Take-off imminent.