Member Info for Jarv55

Instead of all the squabbling how about some of you actually get some research in this bb it would make a refreshing change.
I am sure any newbies looking in would just switch to another share looking at some of the posts here.

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.

eye22 I think altair will want to see this through to the end it has been a long time coming but the partnership with Cobra will be the game changer here.

Rye sloan the point is those share are locked in not only for 90 days but also for another 90 days after, they have agreed to sell slowly, can't see them selling at all, like I said they have been supporting Eqt for years.

Not saying it is for this but
In every project, Energy China will be the primary EPC contractor to the project SPV, with Eqtec Iberia designated as an engineering and design subcontractor and gasification equipment supplier. Once the project is commissioned Eqtec Iberia will then be appointed as the O&M provider for 8-10 years.

The balance of the project ownership will typically be split between Energy China (20 per cent.), Energy China-sourced parties (31 per cent.) and other third parties (29 per cent.). In some of the early projects, EBIOSS may provide some or all of this 29 per cent., with Eqtec Iberia potentially taking equity in future projects, as cash resources dictate. Funds will only be released into the joint venture when legal, financial and technical due diligence is complete, O&M and EPC contracts are in place and power purchase agreement counterparty and feedstock supply agreements have been signed

Zoom its a way to finance and support the company without dilution they gain so does the company. They have been long term supporters now what you should be asking is why do they need the money now.

Another positive is they don't need to place.

Ian Price CEO of EQTEC commented:

"EQTEC currently has access to several potential funding routes including venture debt facilities, loans and equity. The ongoing support from our long-term investors demonstrates their confidence in our business model and enable us to further maximize shareholder value through the potential delivery of contracts ranging from €10-100m.

With the high level of demand in the Waste to Energy Sector, this funding places the Company in a stronger position to capitalize on these opportunities and accelerate the growth of the business."

The Company has agreed with Altair and Ecofinance that the new Ordinary Shares to be issued to them following the exercise of the warrants will be, from the date of Admission, subject to a lock in period for 90 days and an orderly market agreement for a further 90 days. Such agreements will be entered into prior to Admission.

Following Admission, there will be 1,967,771,381 Ordinary Shares in issue. This number may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.

On Admission, Altair, will be interested in, in aggregate, 164,532,102 Ordinary Shares, representing approximately 8.36% of the Company's then enlarged issued share capital.

sellonnews that is a very good point because looks like it could of been a transfer over to someone. Quack, quack could be the ducks are lining up.

So looks like that trade was Altair sold shares bought warrants gives more cash in the coffers £1,459,546 for Eqt, locked in for 90 days. Csn only mean a contract is near.

Investor111 did you manage to buy any?

Wouldn't be surprised if they are filling an order that is a few chunky sells yet they are still offering 1.24 to sell roll on the news.

Spread is tight now

Personally think the mms are just gathering shares again that cross over trade gave them the opportunity, scared a few out, its priced in now.

Lets hope they take control of their narrative soon https://www.youtube.com/watch?v=Yq07ra_YnK4

On reaching final Total Depth, the forward plan is to run a comprehensive wireline logging program over the zones of interest. Subject to the results of this program the Joint Venture consortium will then decide whether to proceed to stimulate and test the most prospective of the Nanushuk primary targets.

Napkin its a false print if it is a rollover just ignore it

Who knows what it was but it has messed up my chart now one broken toe. lol

Best of luck to all in but think a few will be de-risking until results are conclusive.

Would be good to build up higher but think that trade that got cancelled may of put a few off. Bit odd to say the least.