Member Info for martinu

Interesting question? Gave impression previous owner-operator closed it. Don't know reason.

Good news and, if all goes to plan, about a year until it comes online. Even with a recommisioning, these things take time.

On the Euro 1.75 m contract revenue. As Eqt is joint owner, is this like one part of Eqt (Spv) paying another part of Eqt? As you can tell, I don't have much knowledge of such things.

Although Eqt is not itself a construction company, my impression is, we are moving at the pace of that industry and news will be very slow as a result. Hopefully mitigated by the large number of potential projects we are told we are considering.

Any costs involved? Any increased requirement to report, eg quarterly?

Thought my phone was the wrong way up! :))

To patience add: holding your nerve. I agree likely to drift lower without news. But, I'm not sure we have had much news since 3p. Ewergy project is most concrete of RNSs since Dec 20. Plus Toyota link is promising. Also, some progress in USA; on the project and beating off Aries. Rest is pipeline and potential pipeline. Results were underwhelming and no way will we make profit by end of 2021.

Can't help Eqtec that others have gone in and messed up, when trying to convince prospective customers to sign up. Even though we know Eqtec science is successful.

Personally, i would go for profitability in 2022 not 2021. The leap in revenues for this year €15m (from FY report), whilst welcome would seem at current rate of progress a bit challenging.

Rod - try this: EQTEC-maitland@maitland.co.uk

Is this an example of using funds raised to advance projects?

TBH - still trying to make my mind up re today's release of 2020 results. On the plus side, SP is up and given bare facts of increased loss,it could have gone the other way. Croc makes good point re previous guidance and presumed knowledge of share based payments. Debt is down. Assets up (though I'm always a bit sceptical of non current /intangible assets). Looking forward, still huge potential. Just still would like to see some concrete news on project adcancement. Of which, nothing apparently new today.

Interesting section on NF. Re profit limiting but increased equity due to loan made by Eqtec.

" For the first five years of operation the share of profits from the associate is limited to 0.1999% rising to 19.99% thereafter.

During the financial year, the Group advanced loans of €1,150,609 to North Fork Community Power LLC. These loans which are the subject of commercial negotiation were interest free with no fixed repayment terms at year end. Since the year end the shareholders of North Fork Community Power LLC, including the Company, have agreed that these loans are to be converted into 15% of the equity of North Fork Community Power LLC subject to the completion of formal legal documentation"

Well results are prmoised soon (April) so possibilities there. And, in a more general sense, the sun is shining again. Also, just driving back from swimming pool and this was on the radio.

https://youtu.be/lNidUTQiutw

While you see a chance (take it) by Steve Winwood. Cheerful as well as optimistic.

Qualia. Thanks. That's rather wide.

The eqtec twitter account's latest post reminds us of 2 new team members:Shujie Liu and Alessandro Nanotti. They are pursuing projects in Europe (but not exclusively there). I feel the more small plants we can get up and running, the more value could be added to SP in respect of overall pipeline potential.

https://eqtec.com/enhanced-business-development-team-takes-shape-at-eqtec/

2 possible upcoming bumps in the road for me:
- i. possible placing
-ii. annual results

Jean - only problem is, as you walk towards the horizon, it never gets any closer. But thanks for the interesting fact re 4.8km :)

At present it seems MMs bidding and offering for quite a few shares. But again, as you say, we need an expert to read the runes. Bon journée.

See Newboys link on other thread. Align SP target update. 3.115p

Great final sentence!!

Ben - top man, great video. Serendipitously, when your video finished, Stairway to Heaven was suggested for my next play.