Member Info for martinu

Not new but one thing i found interesting, was the difference of focus between the geographical areas.
1. Greece, Croatia, Italy - community coops with almost daily delivery of feedstock
2.NF,Cal - environmental protection with significant pipeline of projects there. Electricity is a bonus
3. UK - high volume, large scale
4. Ireland - syngas
5. France- energy transition from fossil fuels to retro fit gasification
6. On premises industrial. No specific location. But feedstock next-door to plant.

I agree sound quality was poor (echo-ey) and slides were feint. But, thought they gave a strong message. Better a triumph of content over presentation than v.v.

Agree: passion and enthusiasm. I think it may have been advertised as about interims. But at outset DP said "refresher of business model" and Q&A. They did refer in general to activity in H1 v H2. H1 being formative, investing in staff and spending time on partnerships. H2 being where benefits will come.

One of questions asked about €15m est. Said, depends on selling SPVs to partners. Depends on 6 projects, all with Eqtec exec directors involved. DP did say, even if 4 or 5 deliver revenues on time, there is strong momentum going into next year.

These présentations usually posted on YouTube later.

Der Sack, good points re revenues already booked, but €15m by year end seems unlikely to me. To book revenue for H2, would probably have to do the business in Oct, Nov.

However, as long as revenues start flowing regularly (and costs start to stabilise) then timing is not that crucial.

Come on guys, Phil does have a point. Personally, I found the update useful. But the numbers...? Some revenue already booked for H2 (see Der Sack post) but we won't make €15m by year end. Even €10m would be a bit unlikely. But who knows what Oct and November will bring. Any later and may be booked in 22.

But in someways timing of payments is not vital as ling as they start to flow.

Cash was intact at 30 Jun

" Cash: The cash balances of the Group as at 30 June 2021 were €15.3 million."

Confirmation that we are actively pursuing projects in France.

"Inspired by a highly active and accelerating interest in cleantech from the French national, regional and local governments and from potential lenders and development partners, the Company has identified and is pursuing a number of opportunities in France. These include potential projects for biomass-to-energy and for gasification of industrial and contaminated waste, including retro-fitting of legacy, fossil fuel facilities for reuse as cleantech businesses. "

Could be very positive for future.

Yes, still maintaining that we will reach €15m revenues for FY. Very bold!

First things first. Number:

Rev €0.5m, down on H1 20
Loss €4.0m,up.

Might be more positive post period. And obviously, outlook important.

Lots of good news for the not too distant future but tomorrow will be a reminder of current position and immediate future regarding revenues, and of course, profitability. Most likely another sizeable loss to be shown, but will provide a guide to what income flows are like from current activity.

For the record:

12 months to Dec 20: rev €2.25m, loss €5.75m
6 months to Jun 20: rev €0.8m, loss €1.8m

For some, might provide a buying opportunity?

Good questions Phil. Get them sent in. Also, is this surprising?

"One of the conditions precedent is that the Company is granted a lease in relation to the Project sufficient for the development and operation of the Project and on terms generally acceptable to the Buyer and any funder (in their entire discretion)"

Is the lease not sorted?

Difficult to keep up!! Bit of progress on Southport. And all important H1 results tomorrow. Not expecting large increase in revenues at this point. But we might see what realistic FY revenue will be.

Register for presentation and submit questions for tomorrow.

Difficult to keep up!! Bit of progress on Southport. And all important H1 results tomorrow. Not expecting large increase in revenues at this point. But we might see what realistic FY revenue will be.

Register for presentation and submit questions for tomorrow.

Seems panicking Tories can only see as far as nuclear.

https://www.thetimes.co.uk/article/energy-panic-ushers-in-new-nuclear-age-s3qprxzkv

Come on, credit where its due. RNS Friday midday shows team working hard.

Well done Eqtec. Love these small bread and butter projects in Greece. Poli kala!!

Some consolation, AS. I am still intrigued buy trades. Clearly there is quite some difference of opinion re OptiBiotix's prospects. Chunkyish buys and sells. And just under 50p looks like solid support level.

Kibo's accounts, to my untrained eye seem strange, to say the least. No revenue but 28m of assets, most of which intangibles. Over 1m of trade payables. But, and i suppose this is the important thing for us, they have 4m cash from fund raise. Could someone please educate me on such companies.

My post 07:49.I clearly misread the RNS. Kibo have had more than enough offers of funding than £3m required. Apologies.

Thanks for posting. More a contrast of incineration and gasification. And the advantages of the latter over the former.