Member Info for VANHEKA

What a ridiculous negative post. Think positive towards the future.

Rather than be negative. let us sit back and wait, for what I believe will be transformative news that has been confirmed by the MetalNRG RNS, where the Italian Plant will be commissioned by year-end. I believe that this will (1) prove the technology in a commercial environment and (2) will generate revenue for the company to move forward.

I agree that the BoD are not the most engaging and perhaps this has held the company back, but we are where we are, and we haven't got long to go now before this news drops. The world and in particular the UK economy needs the EQT technology to support its future energy policy and also to dispose of the waste materials generated from each household and business across the country.

So those who's agenda is to attack the BoD, take a deep breadth and wait for the next few weeks to play out.

IMHO
Alan

If only investing was this easy with hindsight. Agree that the management team could be more professional but Keep the faith and things will come good.

This is disappointing but we still have commissioning to looked forward before year end. This will prove the technology and it’s commercial viability. This will have the positive impact on the SP.

Aandi We want more than £5k as EQT are not a £36m company. 10 times that and it will still be undervalued. Let’s wait for the news up to year end. GLA

Apologies Thank you for correcting me - Commissioning would put this further down the line and would validate the technology and I believe is key to moving forward. Fingers crossed we see good news surrounding commissioning before year end. It would also be a positive step if closure was achieved across the UK / US projects. Fingers crossed and everything to look forward to.

Absolutely right getting the Italian project to Financial Closure is so important and from my perspective this is achievable within the next few months and will have be a catalyst for the SP. I also believe that we need to see some developments in the UK as it strives to look at new opportunities for its energy market. I think that EQT will have a strong part to play in this area. So as always will be siting tight and watching what materialises over the next few weeks. GLA LTH

Thank you Aandi for taking the time to provide this explanation. Holding tight and looking forward to developments over the coming months. Thanks again.

Thank you Aandi for the reply. The £7.86m came from the Friday’s RNS Balance + broker fees for the Billingham Teeside site. I may have got this wrong but my understanding is this payment is due 23.12.22.

I may have got things wrong here.

Hi Aandi, I hope that you don’t mind me asking but the £ 7.86M that is due to be paid before 23 Dec where do you believe the funds will come from. I do believe that get a project over the line is key to EQT SUCCESS.

I do appreciate your contributions to this board and the factual detail of your posts.

This ties in with the first piece of the jigsaw at the EQT presentation to get the Italian project over the line year end/early 2023. A significant milestone in terms of technology proving.

Agree with this thread that we need to sit back and chill. I have watched the presentation again from the recording and some important strategic messages were communicated. 1) Italian project should come on board year end, with the importance being that it will demonstrate the maturity of the product 2) They are focusing attention on projects that can be closed as quickly as possible 3) New Pricing model should enable invoicing earlier to aide cash flow within the business. The directors seem to be focused on sustained growth and shifting liabilities as well as commercialising operation. I personally am not a trader but an investor and so let’s take a deep breath and wait for this first project to come good and we will see a much healthier share price. GLA

I agree if you have faith in the company and it’s technology then we need to sit relax and be patient.

That would be a great buying opportunity. Having sold 2.5 million shares at 7.5p time to DCA on the way down.
GLA

Hi All
As a LTH having accumulated 1.5 million shares along the way, I am keen to see the suspension lifted so we are able to get back to normality to continue the journey ahead.
Hopefully we will see an RNS soon.
Alan

I think that we just need to be patient. I have taken a modest investment of around £8-9k across my SIPP and ISAs. Having taken the decision to invest will sit back a relax and wait for news from the company who are best placed to understand what is really going on. ATB Alan

PHE has already multibagged from 0.3p and has further Togo in 2021. IMHO

James what are your less risky recovery stocks that I can research.
ATB
Alan

Fortunately I didn’t listen to Yellow and I still have my 2.9million shares but those who were duped by Yellow they should sue him for the opportunity lost because there was no substance to any of his posts. I think he owes it to us to come clean and tell us what his motives were.

Kenny, We need to forget Yellow. He is now a thing of the past.
The importance of this morning's news really cements the fact that we have a commercial operation for the future. Why would PEEL invest in building this first site if it didn't work and wasn't commercially viable.
Great news and bodes well for 2021.
But let's forget Yellow. He can stick to IES.
Well done everyone and all the best.
Alan