Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
Just dropped in to the board to have a quick read, see Dan still posting non stop. He’s gone from being a pointless member of the Board of Directors to a pointless member of this Board. Ironic really. Hoping for some positive news in the next two days. GL all genuine holders.
As the board have previously guided, the company will be providing regular quarterly updates to shareholders on its operations.
The last such update was at the beginning of February and the team are working on collating all the relevant information for the next update, which we expect to issue via RNS in mid to late April.
We appreciate your support and patience in the meantime.
METALNRG plc
("MetalNRG" or the "Company")
EXCLUSIVE AGREEMENT TO SOURCE DEBT FOR WASTE TO ENERGY PROJECTS
MetalNRG plc, (LON:MNRG), the natural resources and energy investment company, is pleased to announce that it has agreed an exclusive remit for AdviCorp PLC to source a £20 million to £40 million debt facility to be invested on a project by project basis in identified, qualified and "shovel ready" waste to energy projects in Europe.
Following MetalNRG and EQTEC plc (AIM: EQT) entering into a Business Development Partnership (as previously announced on 22 March 2021) extensive work has been completed by the partnership to secure exclusivity and develop a pre-qualified secured pipeline of waste-to-energy and waste-to-fuels projects. These projects are expected to deliver revenues within 6 to 18 months of funding. The first project is already under construction in Italy.
The focus of our pipeline development has been on identifying and securing a number of mature projects that can deliver rapid revenue generation and meet the requirements for debt investment. The partnership has developed a 2-tier pipeline of projects along the following qualifications:
Tier 1:
Projects that have successfully achieved financial close, to be revenue generating by the end of 2022, with a typical investment of between £2 million to £10 million, delivering an unleveraged IRR of between 12% to 16% with all the requirements for debt financing in place.
Looed - the amount of investors on here that owe you a drink, you’ll be completely plastered. Thanks for keeping the lights on.
RR have you now stopped blowing smoke up Zara’s backside.