Member Info for martinu

Well said!!

Priceless. Woof, woof :)

https://www.bbc.co.uk/news/world-us-canada-57794263

Sounds more than a little worrying to me. Costs increasing and now arguments ensuing. Is this another ploy to exploit the fact Eqt have cash from fund raise. And for info, I am invested.

I have a problem with the general idea of carbon net zero. This to me implies, one organisation can pay a "fee" to allow them to pollute (fees including eg tree planting), whilst others do their best to prevent pollution (eg Eqtec). Also carbon credits!! EG if Eqtec could gain carbon credits, and they can sell these on, how does this help with reducing CO2, if the purchasers are polluters.

I would argue for absolute zero not net zero as a goal.

Agree. Forecast revenue for this year very unlikely to be met. Based on what we know, Eqtec would be lucky to book €7.5m,let alone the €15m forecast. As much chance of the latter as Germany winning Euro 2020. (Der Sack es tut mir leid)

Thanks for update. The trouble with anything involving construction: costs and deadline overruns.

"John Wood Group had US$1.63b of debt in December 2020, down from US$3.34b, one year before. On the flip side, it has US$585.0m in cash leading to net debt of about US$1.04b."

https://simplywall.st/stocks/gb/energy/lse-wg./john-wood-group-shares/news/john-wood-group-lonwg-takes-on-some-risk-with-its-use-of-deb/amp

WG published a trading update yesterday. No mention of Eqtec. It seems fairly comprehensive. To be honest, I'm not bothered as don't think this potential partner is doing that well themselves.

Hope those candles are scented ones!

Not sure of the band name but this is just "one moment in time". Charlie you do talk a lot of RDF at times, but nice to see you have a lighter side.

Are Ministers all words when in comes to climate change? Times article so behind paywall.

https://www.thetimes.co.uk/article/uk-prepares-to-approve-oilfield-despite-cop26-climate-conference-0wlxjm7tv

Hope my maths and logic are correct. If new shares represent a dilution of 15% then a reduction in SP of 15% from 1.5p is 1.275p. Any thoughts?

Agree NF coming along nicely and could help other US potential.

When I read "execution" I thought you were after someone's head! :)

Last year's fund raise was in July and we bumped along until nearly December, at or below the placing price.

Croatia will not be far behind.

Good news. These smaller projects are quicker to operation. Less finance required and less time to build. The recommissionings more so. Once operational, we will have more examples showcasing Eqtec tech and performance. Revenues for this not to be sniffed at either.

Billingham, etc more longer term.

Gross profit up from 53% to 58%.

Probably not a lot that we didn't already know. But confirmation of the strength of the company in 1st generation products and the growing possibilities in 2nd generation.

Just one comment on post year end:

"We have continued to make strong progress since the beginning of the current financial year with strong sales growth and larger order sizes as existing partners extend their product range."