Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Perhaps we need some clarity on the financial position of the company and any revenues generated from things like the Italian MDC to provide some level of confidence. If as C909 indicates this is down to the CFO stepping up we should debate on this board how we can work together to achieve a positive outcome.
Your thoughts
From what I saw from the AGM I believe the board behaved in a professional manner and responded to concerns from shareholders, outlining a strategy towards showcasing the Italian MDC progression and ongoing development wrt Croatia/France MDC. We have subsequently seen positive statements with the Italian MDC becoming operational although I agree that we haven't got a formal position wrt revenues from this. I believe that this is fundamental to the growth of EQTEC and shareholder value.
I do believe that EQTEC need to update the market and ultimately shareholders on the financial benefits of the Italian MDC going live and other revenues so that we are able to show the market that EQTEC has a sustainable business model going forward and as such an increased confidence.
I still believe the right strategy is to stay patient and to perhaps average down. I'm really not interested in the renumeration of the BoD's but the long term future of EQTEC as a business.
C909 back with his pointless drivel just like a bad smell.
The CFO will deliver on the positive message outlined in the AGM.
We need to back the board to deliver the revenues and programmes that will make the markets wake up to what we have as a company for the future.
GLA
Personally I don’t find C909 et als posts mildly assuming but sad and I’ve found boring for some time. I do hope that if the BoDs read this board that they take legal action against the like.
I believe that we have an opportunity here and although it is difficult for some we need to sit back and be patient for the news flow over the next few months and that we back EQTEC as a business so everyone reaps rewards.
I can see now why some of you are upset with an average of 0.83 sounds like its mis-management on the part of the investor and nothing to do with the BoD's.
Personally, 0.83p would be great as a starter and enable a top-slice to get a free ride with EQT towards the multi-billion pound company that was stated by the CFO.
Hh77, I'd say that your best chance of break even though is to back the board.
It’s not about being ignorant to some of the failings of the board but it’s also recognising some of the progress that has been made, a balanced view so that EQTEC can grow over the coming years.
The negativity towards the BoDs does grate with me and I believe is contributing to the stagnation of the SP. By all means provide your opinions but these have been said many times and so it’s time to look forward and not backwards.
There should be a positive in getting the Italian MDC operational as a technology that works and has a place globally. I for one still believe in the investment made in EQTEC and that the strategy communicated in the AGM will have a positive reward. Call this rose tinted spectacles but this is my honest opinion.
GLA genuine holders
foxy et al stop ****ging the board and get behind them because your attitude is achieving nothing positive. if the staff at eqt get the projects over the line and show the technology to new markets that has a positive impact on the sp then it’s a win-win in my book.
I will be basing my forward thinking based on the facts that were laid out in the AGM last week.
The CFO stated that it was his view that the company was undervalued and that there was an anticipation from the board that the company would be profitable within the next 1-2 years.
With the Italian MDC becoming operational, this is a huge milestone for future growth and refinancing the project will certainly help wrt this. Also coming up will be the other European (France/Croatia/Ireland) projects and I am particular interested in the markets that might be opened up in the US and around the world.
Although this is potentially a long-term hold it is my view with some of the things talked about at the AGM could be a catalyst for a short term break-out of the stock to a more realistic valuation,once the market wakes up.
To achieve a successful future then I believe that it is important that we back the board and the work that they are doing- and to have a positive confident attitude.
GLA
Coupled with the fact that they don’t understand the overall market and that the hydrogen economy has had a downturn over the past 2-3 years which has had an effect on companies like PHE, CWR, ITM ETQ etc.
So keep with the positivity and stick with our BoDs.
I can’t help but think that the BoD knew this news before the AGM but they didn’t divulge so that they could answer the ludicrous criticisms from posters C909,VH and no news buckle (ridiculous post). As I said yesterday the AGM was nothing far from a positive message from start to finish and So well done to the board.
Well done to all who have held their nerve and have kept belief in EQTEC’s future.
As I’ve maintained stay patient and positive for the future.
Hopefully I won’t have to write another post like this.
ATB and GLA
Absolutely right and I hope investors see the work that is being done by the 27 direct employees including the BoDs. IMHO EQTEC have a solid future and I for one will continue to believe in the strategy that has been communicated at the AGM.