RE: Arden partners research note29 May 2021 09:25
Read Ardens broker note last night.....Highlights.....5p price target....Eqtec plan is to purchase three previous Eqtec Ebola (2015) decommissioned Biomass to energy plants.....in States, Italy, Croatia.....have them repowered/operational within 12 months .....These plants will be revenue making.... used for third party training purposes.....and to show off working Eqtec technology to potential customers......In addition.....some of the fund raise will be used to purchase land at Eqtec Billingham and Deeside RDF projects.....Syngas technology settlement.....further engineering assets.....and remote/field engineer control room monitoring.....Conclusion.....with urgent Gov. Green CO2 waste to energy agendas.....income from deal closures to come.... future potential scaling up/licensing to trusted third parties.....Eqtec looks to have matured into a go to in waste management.....with proven IP.....and fully funded to profitability.....Reg