Member Info for Jarv55

Hmm I see Diamond horse has turned up Bancos

China ban on imports of waste now India https://www.independent.co.uk/environment/india-plastic-waste-ban-recycling-uk-china-a8811696.html

Anyone trading or taking investment advice from Diamond Horse really do need their heads looking at. He is the biggest racist on twitter and makes up all sorts of stuff very dangerous bloke.

https://twitter.com/Invwmk/status/1104179194886541313

Neil have to keep your feet on the ground I would be delighted to get over 2p at the moment however the day traders just are not allowing it.

fascinating how they work out there https://www.youtube.com/watch?v=6MlWdXqHUbI

so they found weak to moderate oil shows from 4460 to 4530 tests ongoing

elevated mud gas associated with oil shows between 4667 to 4901 ft

and elevated mud gas readings in Torok from 6052 ft

Horse shoe found more net pay at 8000 ft I think happy to be corrected on that.

Highlights

• Primary Nanushuk targets (topsets) intersected between 4,667ft and 4,901ft

o Elevated mud gas (C1-C5) associated with oil shows and increase in LWD ("Logging While Drilling") resistivity recorded within this interval

o Initial interpretation encouraging based on comparison to data from nearby successful third party Nanushuk well

· Previously reported Upper Nanushuk Formation interval (4,460ft to 4,530ft) remains the subject of further ongoing analysis

· The Torok Topset Sequence 4 (secondary target) was intersected at 6,052ft with elevated mud gas readings (C1-C5), oil shows and an increase in LWD resistivity being recorded

Hoping to hear something on the tie up with these https://www.urbaser.co.uk/news-1/2018/12/17/urbaser-ltd-celebrates-20-years-in-the-uk and Ebioss this week.

Worth having a listen to these two interviews

https://www.youtube.com/watch?v=0oliNrTG2go

https://www.youtube.com/watch?v=Yq07ra_YnK4

Strategic Alliance Agreement with COBRA
7:00 AM 27 Feb 2018

RNS Number : 9861F
EQTEC PLC
27 February 2018


27 February 2018



EQTEC plc



("EQTEC" or the "Company")



EQTEC signs Strategic Alliance Agreement with COBRA



EQTEC plc (AIM: EQT), the technology solution company for waste gasification to energy projects, is pleased to announce that it has signed a Strategic Alliance Agreement ("the Agreement") with Cobra Instalaciones Y Servicios SA ("COBRA"), a worldwide leader in developing, building and operating infrastructure projects, to identify and collaborate on waste-to-energy projects that will utilise the Company's proprietary EQTEC Gasifier Technology ("EGT"). EGT has been developed over 20 years and has over 70,000 operating hours on commercial projects.



The signing of the Agreement follows extensive technical due diligence carried out on EGT over the last few months which confirmed EGT's ability to outperform comparative technologies. The confidence in the performance, costs and efficiency projections has prompted both companies to commit resources to jointly construct and operate large scale commercial waste-to-energy projects ("the Projects").



Under the terms of the Agreement, COBRA will be the EPC Contractor for the engineering, procurement and construction ("EPC") for the whole power plant of the Projects and will exclusively use EGT for the gasification and gas cleaning process.



EQTEC and COBRA will review each new opportunity identified on a project-by-project basis to assess the best use of EGT for the project, which could include electricity generation, heat supply and/or Combined Cooling, Heat and Power ("CCHP"). EQTEC will provide the basic and detailed engineering and technical design for the EGT gasification package, performance warranties on generated gas, together with the equipment agreed, dependent on the particular project. If required, COBRA will also seek to attract external financing resources to develop and implement the Projects.

America, Europe where next? http://eqtecplc.com/wp-content/uploads/2018/11/EQTEC-Modern-Power-Systems-Oct-2018.pdf

Appelgarth thought Atg might want some weekend reading lol

Must read especially about future possible acquisition.
http://eqtecplc.com/wp-content/uploads/2018/11/EQTEC-Bioenergy-Insight-Nov_Dec-2018-3.pdf

EQTEC plc (AIM: EQT), the technology solution company for biomass gasification-to-energy projects, is pleased to announce that it has signed its first equipment purchase contract with Phoenix Energy ("Phoenix"), in relation to the Company's first power plant in California, USA.



The Company previously announced on 24 September 2018 that it had signed a Memorandum of Understanding ("MOU") with Phoenix, a California based power company, to supply its proprietary EQTEC Gasifier Technology ("EGT") for two power plants in California, USA, expected to be valued in the region of EUR10 million.



Converting the MOU into a first formal contract with Phoenix represents a significant milestone for EQTEC and management expect this first contract to start generating revenue during H12019, continuing through H22019 and 2020.



Phoenix will be the first customer in the USA to utilise EQTEC's gasification-to-energy technology and the Company expects that this will lead to further opportunities throughout the USA market.



Gregory Stangl, CEO of Phoenix Energy, stated: "We are delighted to be taking our relationship with EQTEC forward and believe this solution could have a wide application for US Distributed Energy market."



Ian Price, CEO of EQTEC plc, commented: "This is a landmark deal for EQTEC which highlights the global reach of our technology.



"As part of EQTEC's previously announced strategic review and Growth Optimisation Plan, our goal is to successfully execute contracts from our current pipeline of projects. This contract represents the first contract signed as part of this plan and the Company will continue to focus on executing opportunities in its project pipeline, including the contract for Phoenix's second power plant, in the near term.



"As I have previously stated, EQTEC's expanding portfolio of projects continues to present significant near-term revenue generating opportunities for the Company. Our aim is to grow EQTEC into a market leading FTSE listed company. We look forward to providing shareholders with further updates in the near term on the Company's pipeline of projects, which includes opportunities with values ranging from EUR10m to EUR100m."

Good read this

http://eqtecplc.com/wp-content/uploads/2018/11/EQTEC-Modern-Power-Systems-Oct-2018.pdf

http://eqtecplc.com/wp-content/uploads/2018/11/EQTEC-Bioenergy-Insight-Nov_Dec-2018-3.pdf

Catfoss projects

Looking to the future, EQTEC has two earlier stage projects, Catfoss Newcastle and Renewables (Catfoss) Hull, in the pipeline in conjunction with Energy China.

The Catfoss Newcastle and Renewables (Catfoss) Hull projects in the UK with anticipated total installed capacity of c. 28 MWe and the 6.4 MWe Zebec Energy project located in the municipality of Usk, Wales in which Eqtec Iberia will provide a turnkey solution including, design, supplying gasification technology, and commissioning the plant.

South East Asia

The Company had previously notified that it was developing a pipeline of projects in Thailand. The Company has recently expanded its vision to include all of South East Asia.

Polygen

The Company also expects to see the commencement of the construction of its ongoing project in Poland, where together with its partners at the POLYGEN Consortium, EQTEC aims to produce bio - Synthetic Natural Gas (bio-SNG) in 2019. This will open a significant new market opportunity for the Company's EGT which will be used not only to produce syngas on a power and heat basis but to produce clean and renewable fuels as bio-SNG which will be supplied to a nearby industrial user.

Brooke Energy UK

The Usk Project (previously known as Zebec Energy project) located in the municipality of Usk, Wales is for a facility which will have a capacity to process ca. 42,000 tonnes of wood waste per year and a power output of 6.4 MWe. The financial close of the project is expected in Q1 of 2019 with the purchase contract executed shortly thereafter.

EQTEC, together with its partners RAFAKO and EXERGON, is also working to deliver a solution for a second project in Brooke Energy's pipeline. The Company will update the market as appropriate on developments regarding this second project.

& PT CITRA Vietnam

MOU with PT. CITRA METRO JAYA ENERGI ("CITRA"), which is part of the Energy division of the Citra Metro Group, a leading group of companies headquartered in Indonesia involved in Energy, Technology and Telecommunications, to supply its EQTEC Gasifier Technology ("EGT") for a 12 MWe power plant in Hanoi, Vietnam. The customer has envisaged the signature of the Power Purchase Agreement ("PPA") and issue of permits by authorities in Q2 2019, with the purchase contract executed shortly thereafter.

Expected turnover for EQTEC is in the range of €20 million - €22 million for the Gasification plant from an estimated €70 million total investment by the customer in this waste-to-energy facility.

The projects
Zebec - Zebec Energy owns a waste-to-energy project in Usk, south-east Wales with the capacity to process 42,000 tonnes of wood waste per year. Zebec has a portfolio and pipeline of anaerobic digestion technology projects with the Usk plant being its only foray into the gasification sector. The original direct syngas combustion gasification technology, designed by others, has not delivered its originally quoted power output. Eqtec Iberia will be responsible for the design, supply, assembly and repowering of a new biomass gasification plant. Since 2016, Eqtec Iberia has been working with Zebec to obtain the necessary permits and licences for this 6.4 MWe project. The project has been awarded ROCs and with negotiations to sign the EPC agreement ongoing. Project Capex is expected to be in the region of £20 million and under the MOU will Eqtec Iberia will receive €11.1 million of this as revenue, from Q2 2018. Eqtec Iberia, one its associated companies or an EPC contractor designated by Eqtec Iberia will provide the necessary guarantees, performance bonds and insurance package to conclude the financing of this project.