focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Another month just casually strolls by.
Could anyone repost what I normally post here about contracts ?
Currently away and seems a good time for any new investors to read. Thanks in advance.
Is going to need another Bridging loan at this rate.
Yeah I'll give you kudos on the last one mate.
Thanks big balls
WTF Luke
Wheres the Update
Eqtec Near Term Contracts
Belišće 2
https://www.globalsyngas.org/resources/world-gasification-database/belie-2/ Very NT
Šibenik
https://www.globalsyngas.org/resources/world-gasification-database/ibenik/
Vrpolje
https://www.globalsyngas.org/resources/world-gasification-database/vrpolje/
Reliable – Melton Hull UK ( Size 16,00mw ) ( Profit €18.630m ) EPC signed
Reliable – Seal Sands UK ( Size 16,00mw ) ( Profit €18.630m ) EPC signed
Zebec UK now Brooke Energy & Rafako ( Size 6,40mw ) ( Profit €11.20m ) MOU signed
Sense Esco – Belsice II Croatia ( Size 1,30mw ) (Profit €6.00m ) MOU signed
Sense Esco – Sibenik Croatia ( Size 2,00mw ) ( Profit €8.50m ) MOU signed
Sense Esco – Vropolje Croatia ( Size 1,10mw ) ( Profit €6.00m ) MOU signed
Sense Esco – Prerada Sibenik Croatia Biomass ( Profit €7.00m ) MOU signed
Treatment Plant
Sense Esco – Biomasa Vropolje Croatia Wood ( Profit €4.35m ) MOU signed
Pellet Plant
Catfoss – Newcastle UK ( Size 8,00mw ) ( Profit €9.315m ) MOU signed
Renewables (Catfoss) – Hull UK ( Size 20,00mw ) ( Profit €23.287m ) MOU signed
Hanoi Vietnam PT Citra Metro Jaya Energi ( Size 12.00mw ) ( Profit €22m ) MOU signed
https://www.unosd.org/content/documents/37492.VIETNAM_CountryPresentation.pdf
https://e.vnexpress.net/news/business/vietnam-calls-for-private-investments-in-biomass-energy-3379886.html
None of these included the new 50 - 100m Euros contracts mentioned.
The Company to exert greater direct control over its strategic business unit and will restructure it to shift the near-term focus from business development to pipeline execution to ensure delivery on customer requirements for immediate pipeline opportunities;
Above: they will better be able to offer quicker pricing on Tenders for future opportunities.
Ian Price, CEO of EQTEC plc, commented: "My review of the needs of the business has highlighted an immediate requirement for more engineering resource to support our current deal flow. This, coupled with cost reductions in other areas of the business are key elements of the Company's Growth Optimisation Plan in the near term. We intend to change what EQTEC does and how we do it and we have set out clear commitments against which our progress can be measured. Our goal is to make EQTEC the preferred supplier of energy recovery from waste technology and the plan that we set out today is pivotal to delivering that goal and executing on our extensive pipeline of projects. We will announce further updates as the business review proceeds."
Above: We immediately announced CT3 for more engineering resources
Just my take but I dont think any of it means immediate news on contracts.
They are all back from holiday and Belisce 2 looks ready to me so hopefully news soon. GLA
Hi DaddyBigBucks, this is not aimed at just you as your not the only one who keeps saying this but im fed up of reading it now.
immediate contract news
Where does it say on the RNS anything about Immediate contract news ?
Gasification Research
Pre Eqtec, Kedco PLC
https://www.globalsyngas.org/resources/world-gasification-database/newry-biomass/
Eqtec Completed
https://www.globalsyngas.org/resources/world-gasification-database/syngas-italy/
https://www.globalsyngas.org/resources/world-gasification-database/karlovo-power-plant/
https://www.globalsyngas.org/resources/world-gasification-database/belie-1/ Possible Upgrade
https://www.globalsyngas.org/resources/world-gasification-database/enamora-chp-plant/
Eqtec Near Term Contracts
Belišće 2
https://www.globalsyngas.org/resources/world-gasification-database/belie-2/ Very NT
Šibenik
https://www.globalsyngas.org/resources/world-gasification-database/ibenik/
Vrpolje
https://www.globalsyngas.org/resources/world-gasification-database/vrpolje/
Reliable – Melton Hull UK ( Size 16,00mw ) ( Profit €18.630m ) EPC signed
Reliable – Seal Sands UK ( Size 16,00mw ) ( Profit €18.630m ) EPC signed
Zebec UK now Brooke Energy & Rafako ( Size 6,40mw ) ( Profit €11.20m ) MOU signed
Sense Esco – Belsice II Croatia ( Size 1,30mw ) (Profit €6.00m ) MOU signed
Sense Esco – Sibenik Croatia ( Size 2,00mw ) ( Profit €8.50m ) MOU signed
Sense Esco – Vropolje Croatia ( Size 1,10mw ) ( Profit €6.00m ) MOU signed
Sense Esco – Prerada Sibenik Croatia Biomass ( Profit €7.00m ) MOU signed
Treatment Plant
Sense Esco – Biomasa Vropolje Croatia Wood ( Profit €4.35m ) MOU signed
Pellet Plant
Catfoss – Newcastle UK ( Size 8,00mw ) ( Profit €9.315m ) MOU signed
Renewables (Catfoss) – Hull UK ( Size 20,00mw ) ( Profit €23.287m ) MOU signed
Hanoi Vietnam PT Citra Metro Jaya Energi ( Size 12.00mw ) ( Profit €22m ) MOU signed
Belsice 2 says operational via Global website so should be commissioning stage and very near term.
https://e.vnexpress.net/news/business/vietnam-calls-for-private-investments-in-biomass-energy-3379886.html
Exclusivity extension until mid-September 2018.
Not long now then.
Reliable – Melton Hull UK ( Size 16,00mw ) ( Profit €18.630m ) EPC signed
Reliable – Seal Sands UK ( Size 16,00mw ) ( Profit €18.630m ) EPC signed
Zebec UK now Brooke Energy & Rafako ( Size 6,40mw ) ( Profit €11.20m ) MOU signed
Sense Esco – Belsice II Croatia ( Size 1,30mw ) (Profit €6.00m ) MOU signed
Sense Esco – Sibenik Croatia ( Size 2,00mw ) ( Profit €8.50m ) MOU signed
Sense Esco – Vropolje Croatia ( Size 1,10mw ) ( Profit €6.00m ) MOU signed
Sense Esco – Prerada Sibenik Croatia Biomass ( Profit €7.00m ) MOU signed
Treatment Plant
Sense Esco – Biomasa Vropolje Croatia Wood ( Profit €4.35m ) MOU signed
Pellet Plant
Catfoss – Newcastle UK ( Size 8,00mw ) ( Profit €9.315m ) MOU signed
Renewables (Catfoss) – Hull UK ( Size 20,00mw ) ( Profit €23.287m ) MOU signed
Hanoi Vietnam PT Citra Metro Jaya Energi ( Size 12.00mw ) ( Profit €22m ) MOU signed
News Quote
The Usk project is intended to process about 42,000 tonnes per year of biomass and and have a capacity of 6.4MWe. Talks with financial backers are progressing, according to Sanchez.
In a further announcement, issued today, Eqtec revealed it had secured a new loan facility of up to £2.4m (€2.7m) from the Cuart Investments Fund, a consortium led by Origen Capital LLP.
Sanchez also explained the company’s development of two waste processing gasification plants with Energy China, known as Reliable Melton Hull and Reliable Seal Sands in north-east England, had "suffered a delay."
He added: "In the UK, the use of syngas to produce steam instead of syngas to gas engines is more profitable to the customer, due to high prices for gate fees and not so high prices for the electricity. That is why we’ve changed to a steam turbine to get a higher return for the investors. This is taking some time, but we expect to conclude in Q1 2019."
The first of three biomass gasification plants under development in Croatia, which were revealed last year, could be declared operational in September, when it will start commercial operations, according to Sanchez.
Sanchez further said the company expected to generate revenues this year in either Q3 or 4, but added that 2019 was "when the stream of revenues starts properly."
Eqtec Near Term Contracts
Belišće 2
https://www.globalsyngas.org/resources/world-gasification-database/belie-2/ … Very NT
Šibenik
https://www.globalsyngas.org/resources/world-gasification-database/ibenik/ …
Vrpolje
https://www.globalsyngas.org/resources/world-gasification-database/vrpolje/ …