Member Info for Computer909

"There appears to be some uncertainty about whether there are enough funds here to cover the DFS."

That uncertainty only comes from you, Mike has stated many times now they are fully funded for the DFS, and with regards the post DFS capital needed to go into production they have the DFC interested (already have an LOI) and several other institutions in talks, Debt and project equity is what Mike has stated, again numerous times.

You keep raising funding requirements as an "issue" do you think a billion dollar project gets into production and operates for 20 years without a capital injection to start with, this is just part of the path to moving from exploration to production.

Its sub 4p because the recent market didn't want any risk and were happily taking 20% growth per year from an S&P500 ETF, with the orange one waving tarriffs around like they are going out of fashion and the overall market dropping, these 'low risk' returns are drying up and investors will be looking for the next 20% route, they don't need to go very far to find BRES, once the DFS is complete we are in a whole different game, and 4p will be long forgotten.

The biggest risk to EQT shareholders isn't green energy, Hydrogen, wind, sea , nuclear fission or nuclear fusion. The biggest risk to EQT shareholders is the idiot CEO and his drunken liaisons with John Gunn in their charlatan get together.

Will we hear from the scumbag now his mates have been unlocked and needs a pump in order to offload

“One of the key strategies is to focus on cutting dependency on China”

That was Trump v1, we now have Trump v2 the dancing monkey to Musk the organ grinder.

Trump didn’t even include china in the BRICs countries when talking about penalties on those that attacked the dollar, he didn’t even know that the C stood for china.

Musk thinks the teardown and rebuild attitude he used at twitter will work for the federal government but his megalomaniac attitude just can’t cope with the scope so everything is grinding to a halt and the economy is tanking.

Emperor musk isn’t interested in promoting anything that will advantage Tesla competition either

"Eqtec invested £50m"

EQTEC shareholders invested £50M over the last 5 years and Dumbo Palumbo has p issed it up against the wall so we have exactly nothing to show for it, in fact less that nothing !

It's strange the up tick comes just days before the Altair/ Pitcole unlock don't you think !

Double the resource and half the share price ! No sense to this market what so ever

How the hell can we still be at under £12M MCAP, its unbelievable the progress BRES are making !

Did i say £300M, I meant £150M as of today.

Wood Group has caught a case of the EQTs !

Everything Dumbo Palumbo and EQT touch just turns to dust, take Wood Group for instance, there was a much trumpeted partnership agreement between wood and Eqtec in november 2021, nothing has ever come from that partnership and Wood has slid from a Market cap close to £2B then to £300M this morning.

Palumbo needs to go, problem is he's like dog s hit on your show, nearly impossible to get rid of !

Any investors/shareholder over at his latest scam MindFlair would be minded to look at the type of person that is in a senior management roll and their past performance and actions !

Still no news from the charlatan Palumbo, clearly prepping for MBO at firesale price.

I invite the criminal to state any thing different, until he does no one is investing or averaging down here.

Come on Dumbo come out from under your stone, I dare you !

@Simms, with all due respect to yourself, everyone takes what Greg S says with a massive pinch of salt, even his own staff.

He's constantly whining about struggling for funding whilst North Fork isn't really a glowing example of investor returns. If he says Q2 you can expect Q4 at least.

Phoenix are only one step removed from Logik

The BRES presentation previously showed capex figures as follows

2026 - Phase1 - $15M Production 5,000t concentrate includes 1,000t micronised

2027- Phase2 - $80M Production 50,000t concentrate includes 5,500t microdised

2028 - Phase3 - $35M Production 25,000t uncoated SPG

2030 - Phase4 100,000t - Project funded

2032 - Phase5 - 150,000t - Project funded

These were caveated with " Capex numbers for Phases 1-3 are indicative only and will be finalised once DFS is completed"

The have since updated the presentation on the website and have removed these capex projections, as its clear the scope, timelines and costs have changed now we are so close to the DFS completion.

Palumbo could fix 90% of the shareholder anxiety by coming out and stating the Italy MDC is up and running efficiently, but he doesn’t so what are shareholders to think with that information gap?

Either it isn’t working or Dumbo doesn’t want us to know it’s working yet either way he is a deceitful ****

EQT will go down in text books as a perfect example of how crap managers can ruin a promising company, and how a bunch of charlatans can get away with robbery under the regulators nose without a care in the world.

Shareholders in MindFlair should be minded to note what happens to shareholders investments when Palumbo has any involvement in a company.

If they do need to raise again, they will need to consolidate again first , another 100:1 would see long term holders diluted by 99.99%, no retail investor is going to take up any offer when on £1.5k was raised by the open offer last time and the Shareprice has continued to plummet since

#Charlatans

No one is buying until we know what the status if Italy is, and Dumbo seems just not to want to tell us.

He's playing PIs like a harp

#Charlatans

Just in time for Dumbo to gift the remaining 200m pre approved shares to his mates, pushing them closer and closer to the percentage they need for a bargain takeover, probably not until they are unlocked to offload and suppress the Shareprice just that little bit more, they won’t be satisfied until they have extracted every last drop of blood from PIs

#Charlatans

“Why is it taking so long?“

These sort of agreements take time to work out, it’s the key to the future of the company so I hope BRES are negotiating hard.

Palumbo seems to have lost a grasp on reality, for AIM the Shareprice is inevitably driven by retail investors and sentiment is king, Dumbo has alienated retail investors in favour of a few charlatan “friends” . There is no recovering that for him he needs to go sooner rather than later, give DLS a go, he certainly couldn’t get it any more wrong, we would defo see a new manager bounce if we could see the back of that deadbeat!

Another week of silence from Dumbo and co, I still expect we will need to wait for his paymasters (brown envelopes) at Altair and Pitcole to need a push to offload some of their ill gotten gains at the end of the month.

I suppose we can wait until the weather picks up and Palumbo and his charlatan mate Gunn return to their drunken Friday night get together and can concoct a whole new bunch of ways to extract cash from EQT share holders, just like to INSP “non-returnable” £95K, who the hell signs up to a non-returnable payment for something that doesn’t exist, a corrupt CEO and a charlatan banker that’s who!

‘….but if you believe in the tech then if you can average down there is a good chance you make a good outcome in the end”

How can shareholders be convinced to believe in the tech when the company refuses to update us on the state of their showcase plant in Italy.

If the plant is running I’m sure many shareholders would be minded to average down, but why does the company not update the market?

Two scenarios come to mind, either it is still having problems so Palumbo doesn’t want to update, or it is working and he wants to save any buying action until his mates at Pitcole and Altair are unlocked and can sell on the spike.

Either way it shows what a charlatan he is

The accounts are for the period to the end of September 2024, they have already raised the cash they need for the DFS in November