The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Article in CNN Greece on Larissa, Agrigas/ ECO Hellas project. Beware, lots of pop-up ads!
https://www.cnn.gr/oikonomia/epixeiriseis/story/354956/kerdizoun-edafos-oi-proigmenes-texnologies-ape-to-paradeigma-tis-aeriopoiisis?trk=feed_main-feed-card_reshare_feed-article-content
I agree, there seems plenty of potential good news coming this year. And indeed, already put out recently (Italy, Greece - Agrigas, France - UoL & Fr. Govt). The one hurdle I see re SP is publishing FY 22 figures, at some point. They won't make good reading.
Not surprisingly, there has been much negative comment after today's kick in the nuts. Only fair that you should be given the chance to find the positives in this. I hope you can.
IF the funds bring Croatia and France to COD in good time, that would be a small positive. The dilution and DP's apparent conflict of interest is a massive negative. Don't think NF will be on time given bankruptcy angle.
Over the last say 6months, Eqtec's position has become a race to get some revenue from projects versus running out of cash. The latter seems more likely.
Well that was a kick in the nuts!! I was expecting a bump in the road with the FY 22 update, which hasn't come yet. Perhaps Steve (Adv) is right re going concern? RNS does state some funds for "business continuity".
The other, and at present, murkier side of the Eqtec coin. Debt and dilution. The tech being the brightside.
Part of funds to target Croatia and France MDCs. At least no more for NF. But that latter was, and still potentially is, a mess.
Definitely agree the execs should have taken pay cut. Perhaps the 25% they are getting in shares.
Just in case anyone wants it. Below is link to Agrigas page on LinkedIn. As it's their project.
https://www.linkedin.com/mwlite/company/agrigasenergysa
Aandi - thanks. Keep up the good work. I'll continue to ask the odd awkward question, though I have no specific industry knowledge. Just what I've picked up from holding Eqt for a couple of years. Very keen on the tech and Yoel's knowledge. Less comfortable with the finances, though hopefully these should improve going forward.
Gerd Kromarck of ewergy.
https://www.linkedin.com/feed/update/urn:li:activity:7042211291167367168
Aandi, thanks for the "before" photos. And also for giving your description of "what's been done". To my very untrained eye, I couldn't actually see much "difference" between the photos. So appreciate the details. Can you tell all that from the photos or do you have a contact?
As far as NF is concerned, it would be good to get the chapter 11 (?) case sorted. What struck me in the photos is that the plant looked a bit vulnerable to California's weather. As someone said, lots of mud around. Also, and this could be a bit conspiracy theorist, but are NFCDC dragging their heals again on the minutes of their meetings.
PS: Perhaps aandi could replace Jeff vd L.
SOH has also "blamed" accountants for delays to publishing figures in the past. As I have no experience of such things, is it the case that there can be some "negotiation" between CEOs and accountants over figures?
Let's at least give credit for the operational Italia MDC. What SP did people expect? Eqtec still has a few bridges to cross. Cash still probably in short supply. And if Croatia is to be next, then that's at least 6 months to a year before on line. North Fork is anybody's guess. But today is a good step in the right direction.
AIM SPs are prone to sliding back after a couple of days' rise. If preliminary 22 FY figures are next, then that won't make great reading.