Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Lots of buys listed as sells. Regardless of the price listed now it’s been even stevens all day, just moved up and down a couple of times.
Some nice large buys in the 2.35 region too. Maybe some delayed trades later.
Come on wood!
I think your entry point was at 2.24 this morning. Now it’s 2.33.
Thu, 11th Mar 2021 07:00
RNS Number : 8732R
EQTEC PLC
11 March 2021
11 March 2021
EQTEC plc
("EQTEC", the "Company" or the "Group")
Collaboration Framework Agreement with Toyota Motor Manufacturing UK
EQTEC plc (AIM: EQT), a world leading gasification technology solutions company for sustainable waste-to-energy projects, is pleased to announce that it has signed a Collaboration Framework Agreement (the "Agreement") with Toyota Motor Manufacturing (UK) Limited ("Toyota").
The Agreement will be in place through EQTEC's wholly owned subsidiary, Logik WTE Limited (the "Project SPV"), the existing project SPV for the Deeside Refuse Derived Fuel project (the "Deeside RDF Project") in Flintshire, Wales. The Company is currently progressing a portfolio of advanced, waste-to-energy plant development projects across the UK, of which the Deeside RDF Project is one.
Highlights
· Through the Deeside RDF Project, EQTEC and Toyota (the "Parties") have agreed to collaborate to explore an innovative, circular and sustainable waste-to-energy solution for Toyota's engine manufacturing plant in Deeside;
· The Parties have entered into a formalised Collaboration Framework Agreement toward scoping and evaluating the potential supply of bio-methane gas and green electricity and conversion of manufacturing waste through the sharing of cost data, energy usage and other information;
· The duration of the Agreement is three years;
· It is expected the Parties will collaborate and assess the ability to develop a Project at Toyota's Deeside site; and
· If adopted, EQTEC's waste-to-energy solution could reduce the carbon footprint of the Toyota site on an annual basis.
Toyota and EQTEC will work together towards the possibility of establishing a supply of power and gas to the Toyota engine manufacturing site through the construction and commissioning of the Deeside RDF Project that is adjacent to the Toyota site. It is expected that the Deeside RDF Project will transform municipal, commercial and industrial waste. It will produce green bio-methane gas from the organic proportion of the waste with anaerobic digestion technology and convert the RDF portion of the waste, which would typically be destined for landfill or incineration, to generate green electricity, using EQTEC's Advanced Gasification technology and solutions.
Pursuant to the Agreement, the Parties will also identify the waste viability of reducing Toyota's non-recyclable waste and potentially converting some or all of the waste into energy, through the dual, waste-to-energy approach, to be developed at the Deeside RDF Project.
The Deeside RDF Project seeks to provide the local community, Toyota and other potential users with a decentralised energy source. It is intended that EQTEC will act as the land developer and technology provider for the plant.
David Palumbo, CEO of EQTEC, commented:
"Toyota has always been a leader i
I’m prepared for a fall tomorrow. Green tech down in the US. Maybe money moving into recovery stocks again. Perfect time to top up the ISA !
Green tech stocks up 5% pre market in the US!
There were a few of those after hours yesterday too Slappy. Makes me wonder if the seller is still active. Maybe they want sells above 2p now?
Looks like green tech stocks are on the rise in the US too.
I agree, it’s a good board. I also like the fact most people are open to discussing a possible placing here. Most of us look at it as a very positive move in the grand scheme DP has going on.
GLA
You reckon people are selling and hoping for a placing drop? It’s and interesting strategy and very risky. Good luck.
Leave it to Palumbo. He’s turned this company around in 19 months and he’s only just started.
Copy and paste, add your name and amount.
JBS. 1 mil
Looks like the start of a re-rate to me. Others greens have started ready for April ISA buying.
Hi bandicoot. I agree on the green sector re-rate too. But I thought it was going start next week. AFC are the front runners atm and we are just starting. PHE looks to have found the bottom too and about to rise. Roll on April.
More positive information and a nice wall st valuation. All we need is patience.
GLA
Part 2
David Palumbo, CEO of EQTEC, said: “The business platform we now have in place is exactly what we set out to build and has grown our reach and impact toward building more advanced gasification plants in more markets with a greater, cleaner impact on local communities and greater returns for our shareholders.
“Supported by our strategic partners, we are better positioned than ever for growth and profitability in 2021 and beyond.”
Part 1.
Eqtec and Idex could run Teesside RDF plant
Gasification company Eqtec says French energy firm Idex may look to enter the UK market through involvement with a proposed plant in Billingham, Teesside.
Subject to the completion of a final review, Idex would provide the financing required for the construction phases and then own and commercially operate the plant, Eqtec says.
The land in Billingham on which Eqtec’s RDF plant could be developed (picture: Eqtec)
Assuming the requisite funding is provided, Eqtec expects to act as the co-developer on the project, providing the design and core advance gasification technology and retaining the maintenance portion of the operation and maintenance (O&M) contract.
The plant would use Eqtec gasification technology to turn refuse derived fuel (RDF) into energy. Eqtec estimates it would process 200,000 metric tonnes of municipal residual waste, converted into RDF, each year. It would produce 25 MWe of electricity.
Eqtec says the land involved has been acquired by its wholly owned subsidiary and planning permission has been approved.
Founded in 1963 and headquartered near Paris, Idex is an operator of energy infrastructure assets, including 41 district heating and cooling networks, 13 energy from waste (EfW) facilities and a ‘large’ portfolio of energy services contracts.
RDF
Eqtec says it is working on two other RDF projects in the UK: one in Deeside, Flintshire, with co-developer Logik Developments Limited and one in Southport, Merseyside, with co-developer Rotunda Group Limited.
The company also said it had agreed to explore an EfW solution for Toyota’s engine manufacturing plant in Deeside. Subject to financial close, construction is expected to commence at Deeside and Southport in 2022.
Trading update
Eqtec announced its possible partnership in a trading update published today (22 March). Covid-19, Brexit and forest fires have all impacted the pace of business, the gasification company says.
“The business platform we now have in place is exactly what we set out to build”
David Palumbo, Eqtec CEO
While no deals dropped from the company’s pipeline because of the pandemic, some were delayed. Lockdowns, furloughing, home working and impacts from domestic and international travel restrictions have prevented physical site visits and adversely impacted logistics and progress with documentation, financial approvals, planning or other administration. These in turn added delays to progress of specific projects, Eqtec says.
With operations in Ireland, the UK and Spain, Eqtec says it has been “well-placed” to mitigate the impacts of the Brexit process in relation to political, administration and policy changes. However, some delays were experienced with regard to timely approvals of documentation, funding, planning or other administration.
HI Esta. Yeah let’s see what pops up. Although I do feel many PI’s are selling too a some trading the ups and downs. It’s been a great trading share if you get the price right. GLA
Not seen any large delayed sells for a few days. Just big buys so it’s looking good.
Big buy time again.
Big sell from this morning just appeared.