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In many ways we predicted this. We were discussing a placing at 1.50 some time back and said how happy we would be to buy at that price. There might be some very positive RNS’s due now this news is out of the way. Although I don’t see this as bad news, just slightly annoying on the SP short term. Let’s see where we are in a week. And let’s see where we are in December.
Eqtec must fit in here somewhere.
https://www.bioenergy-news.com/news/uk-govt-allocates-166m-to-green-technology-development/
This is the recent ban for Europe.
https://ec.europa.eu/environment/news/plastic-waste-shipments-new-eu-rules-importing-and-exporting-plastic-waste-2020-12-22_en
Im presuming the UK will be forced to do something similar soon.
Great. Let’s presume she speaks Cantonese, ready for expanding into the Chinese market.
Hopefully EQT can help sort these problems out. I’d heard it was banned to export rubbish now. It is in Europe.
Incredibly low volume today and a nice chunky buy just before close.
Great to see this. DP getting some flack but all I can see is good things happening.
Morning Ophidian. Can you share the chart you are looking at please.
Thanks.
Thanks for that, looking good. Next peak around 8p and eventually onto 30p.
I can’t see ANIC on short tracker which is strange.
Nice......
I e to see some large buys this morning.
There is so much transparency as to where and how our food arrives on our plates now. Years ago we just didn’t know. Even if you are not bothered about the animals cruelty people still have to look at the environmental impact it has. The oceans absorb a 1/4 of carbon dioxide we create when burning fossil fuels.
It’s not even showing in Barclays to be able to buy. Very strange.
Yes this is terrible to see. I have to remember how fast this can rise on good news. In March it dropped and then bounced up over 50% in a week.
Similar pattern to last summer imo. Good news released, rises up and then drops back. The news is still there and it will all be reflected in the price when we get some positive financial details. As you said Craig, it will be a domino effect again.
· The Parties have signed a Heads of Terms Investment Agreement, (the "Agreement") for the funding of the SPV, with financial close due imminently, subject to execution of the final form agreement by the Parties.
· MetalNRG will hold 26.66% equity in the SPV for an investment of Euro 700,000. The Plant is expected to generate an unlevered IRR of 20% and annual EBITDA in excess of Euro 750,000;
· The Plant is due to be fully recommissioned and operational by Q2 2022. Connection to Italy's national grid is already in place and the Project will benefit from the country's favourable tariffs for electricity produced from waste biomass until the end of 2027;
· The Plant is expected to produce 1MW green electricity from one tonne of straw pellets and wood chips annually and will be upgraded to process a greater diversity of biomass feedstocks over time;
· EQTEC will be the co-owner, operator and Advanced Gasification Technology supplier to the Plant and is contracted to be the O&M contractor for the Plant following its recommissioning; and
· The EPC contractor for the Project will be COS.M.I. Srl ("COSMI"), EQTEC's Italian delivery partner and a company with successful experience in building EQTEC plants.
Barclays said no. She advised to contact the company direct.
Not checked barclays yet. Had anyone else?
Yes only time will tell with our greedy neighbours. But kicking the can for as long as they can sounds about right.
All the reds around 1.80 are buys. We are into the 4th week with no news. Tick, Tock!!!