Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
That sounds prudent.
Take a look at the revenues & earnings in PHE & ITM though. This sector is attracting a huge premium just now.
Add the revenue of just a couple of these large projects, factor in the PE ratios for similar companies the Green Energy sector & work out an MCAP & share prices for EQT, makes you think
Totally agree David.
Additionally, what im seeing, is, David is quite content to keep the lights on at the moment by taking on some of the smaller projects, where cash flows will be recognised quicker, whilst doing the heavy lifting to enable the large RDF projects to dominate the pipeline.
Billingham + the 2 in Greece make this a very exciting time.
Billingham – Technology Warranty Insurance Proposal Received from specialist underwriter, happy with it – Expect premium to reduce in future projects. THIS IS WHAT HAS PAVED THE WAY FOR THESE PROJECTS TO PROCEED. ANY IDEAS IF THIS HAS BEEN OBTAINED THROUGH PROVIDING RESULTS THROUGH ALL THE UNIVERSITY TESTING? - OUTSTANDING ACHIEVEMENT
This has helped gain traction with knowledgeable investors – Term sheet in issue
Full quotation for grid connection received, far less than expected - Increases viability
“Billingham not just fully transformational project for EQTEC, but also for the waste elimination infrastructure in the UK”
In the process of producing the Legal documentation with COBRA - THIS MUST BE FINAL STAGES SURELY?
2 new enquires received in US off the back of North Fork.
Apologies confused myself there!
Work has started, team has been on the ground & working for 2 weeks doing prep. Equipment to be shipped in August.
haha I do indeed.
Was it yourself who asked about the O&M revenues? Cant seem to see the post...
Its on page 16 of the slides from the investor presentation, happy to share if anyone would like to read it...
Greece Pipeline – Commercial team & technical team reviewing a new pipeline of work in Greece. Pipeline ranges from small agricultural waste, quite a few Olive Pomice projects, to a couple of municipal waste contracts. Handful of projects in the pipeline EQT would definitely would like to be involved with & also initial conversations with other banks who have heard of the agrigas project. “ I think we will be in good shape when we choose which of these projects to execute first.”
THIS IS HUGE. CANNOT BELIEVE THIS HAS BEEN MISSED. DAVID HAS JUST CONFIRMED WE ARE IN DISCUSSIONS ON 2 NEW MUNICIPAL WASTE CONTRACTS IN GREECE. THESE ARE THE SAME TYPE OF WORK AS BILLINGHAM, 40M AGGREGATE REVENUES IN NEXT 3 YEARS + A FURTHER 9M POTENTIAL O&M OVER THE NEXT 10 YEARS.
WE ARE AT THE STAGE NOW WHERE WE CAN PICK & CHOOSE PROJECTS
we are on the same page there mate!
Is that why you got it here gspanner?
I see better potential with EQT now with David. I don't see any reason why ITMs MCAP isn't achievable here
Great interview. I think a lot of what he said has been totally missed as well.
100 bagged isn't ridiculous in the slightest lenlen
My initial target is parity with PHE. My second target is ITM.
If anyone on here wished to do some analysis to see future valuations look at these 2 companies.
EQT - MCAP - 14M
PHE- MCAP - 65m (touched ~80 last week)
ITM - MCAP 1.5BN
EQT is lagging because of its unsavoury history from it's previous 2 regimes. However, the impact & hard work from David Palumbo & team is starting to shine through.
Look at the Green Energy valuations of these guys & apply to EQT. Scratch beneath the surface; read the precious RNSs & see the work that's been done to enable things like the project insurance (feedstock testing at research institutions). See the cash being generated & see the huge projects on the horizon.
I do not see a £1bn valuation as unrealistic if the sector continues to rise & EQT win some big contracts.
Just look at PHE. Just look at ITM
*previous
changedmans precious comment: ”wait till Monday till it gets back to the teens”
I have zero intentions of selling any of these shares anytime soon, not even at 10 times the current price
If anyone has any doubts about the direction EQT is headed please please please spend 10 minutes watching David Palumbos interview with pro active investors today.
Most of what he said has been missed in today's noise.
anyone questioning the rise, please look at May 2018
Also, look at PHE from December. 0.3 all the way to just shy of 4p
EQT has started it's engines, still bargain basement here though
Breaks are off, momentum is high
Going on last history this could be 1p very soon
Agreed CMIN
Certainly no placings or rights issues here any time soon