From advfn8 Jun 2020 11:05
city chappy: EQT Presentation and Interview, 12/5/2020 hTTps://dt9xom8irs6kr.cloudfront.net/u238195/144695-2877389305321170519.mp4 1) Slide at 11 min 58 sec: Waste to Energy Market Opportunity for EQT - Europe: a) 500 existing plants at €70bn: Serviceable Available Market to EQT = €20bn. 3% Serviceable Obtainable Market to EQT = €600m next 10 years. b) New W2E plants: 2020 - 2030, 200 projected at €30bn. SAM to EQT = €7.5 bn b) Waste to Energy Market Opportunity for EQT - Rest of World: a) 1500 existing plants at €150bn: Serviceable Available Market to EQT = €30bn, 1% Serviceable Obtainable Market to EQT = €300m next 10 years b) New W2E plants: 2020 - 2030,1000 projected at €100. SAM to EQT = €20 bn 2) Slide at 17 min 24 sec: EQT Target Verticles with Secured Project Pipeline Agric + Industrial Wastes = €18m next 3 yrs + €18m (O&M) next 10 years Biomass = €13m next 3 yrs + €7m (O&M) next 10 years Municipal Solid Waste = €40m next 3 yrs + €9m (O&M) next 10 years Total = €71m next 3 yrs + €34m (O&M) next 10 years To which you would then add, for starters, extra projects subsequently mentioned in the 28/5/2020 press release, including: -- 13 potential new projects in Balkan region. -- 10 new commercial enquiries Q1/early Q2 2020 with potential sales value €120. -- European Infrastructure Operator selected 3 potential projects. plus any other projects they subsequently secure. 3) Comparison with ITM Power (Market Capitalisation £1.55 bn on 8/6/2020): ITM Update, 8/6/2020: -- ITM have a backlog of just £52.4m, comprising £21.8m under contract and £30.6m in negotiation. 4) Conclusion: -- EQT heading for a £multi-billion valuation.