Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
I am sorry to repeat myself once again, but the company is doomed, no chance of recovery.
That this company is still alive, we must recognize DP and JVL have some abilities to convince investors to pour money into this.
Dear Bunsen
are in tech? I have checked tech and business model of EQT, that is why I say they will slowly die. Believe me, gasification is expensive and with the feedstocks for EQT there are easier/cheaper tech to use.
The problem of EQT lies in the tech, tech not working with good economics and easy to steer--> no business case
How much it is 4p? In other words, how much % should grow from today? I foresee for EQT a long drift toward lowerr and lower values until somebody will have the decency to give mercy and kill the company.
From 4,47 GBX on 16th January to 3,30 now, the market does not have confidence anymore in this company
Maybe in UK you can find bookmakers and bet on the day EQT will be delisted, it would be a way to smoother the losses ;)
For me it is ironic that I have been called names etc for just telling what was obvious to somebody "skilled in the art" like me, and I have been told I do not understand anything on renewable energy (I am entrepreneur in the sector), that I was on the payroll of fossil groups (nothing more far from the truth) etc etc.
Gasification is a tech 150 years old and yet it works on very specific premises. Every now and then companies like EQT pop up but at the end of the day they do not deliver.
Moreover, even for a semi autistic (according to my partner) person like me it was supereasy to understand that DP and JVL had no clue about what they were doing and that YA had way more narrow vision about gasification that his broad "pedigree" on the field.
It is really sad to see what is happening to EQT, but the prognosis is bad for the patient EQT.
As I told you months ago: "at the end of the day people will draw a line and say stop funding and the company will die". My prognosis is becoming more and more close to reality.
Even if Italy will start to perform 100% from tonight, there will be no chance to recover the debt and what has been spent in retrofitting, the end of the incentive period is coming closer and thus less and less money can enter from that side.
Project in France for biomethane from syngas with Wood synthetic methane technology? Also that one will not work, it will end up in a debacle like the plant doing the same in Sweden or others that tried
Embarrassment, there should be no other word to describe EQT handling by the BoD, I totally agree there will be no recovery in sight if the BoD is not dismissed, but even if they are dismissed I expect the chances of capacity for this stock to be very, very low.
At the end of the day is the tech that must deliver, and in this case the tech is too expensive, cumbersome etc to generate scalability of the projects and profitability.
Do you know anything about Italy plant? Is it working at full capacity?
Let's see wait and see what will it happen to EQT this year, but the prognosis for the patient EQT is not good...
And Tigermunchin wore his suspender stocks, put some fancy lipstick and whispered "give it to me again" when he offered his corporal cavities to EQT BoD to be abused
The bank headquarter is less than 200 km from the plant. Yes, it smells fishy the JVL press release and I would not point fingers to the one thart should waste money to save me, so it smells even more fishy...
I bet at the end of the day the plant is not performing according to the refinance plan and it will not look easy for EQT Italy...
Again use your illusion...
EQT is a tech company that is not able to deliver its tech, therefore after years its investors lost faith in the company, no sign of recovery in sight
Who told you time ago that the tech was not working despite what economists say playing around with excel?
I have been called names just because I was explaining you that with piles of trash/agricultural scraps etc there were already better suited technologies than EQT.
Do you know that if you analyze the degree of the top global billionaires the most diffused career is engineering? Because engineers understand what does it work, what does not work etc, while economists are blinded by EBITDA, IRR and other fancy parameters. These parameters must be taken into account AFTER the tech is developed, not during...
Tide will invert? I do not expect it, shares down 20% according to google in this moment, company bust and no chance of recovery. Once again, gasification proved a non functioning solution.
"we have an incredible library of 50 feedstocks that we can show we can gasify with auditable data" pr something similar in last year videos, but as always you can gasify anything, but then you need to make money and that is the difficult step...
Well, I just said months ago that EQT was not working as company, and in the end I have been right. Yes, I sold my advices not to invest in EQT to different investors and they followed my advises and did not waste their money, good for them
Hold your horses: it is not "the tech does not work", but "the tech work, but it is too expensive and cumbersome to run". The gasification is around since more than 100 years, yet to have ot working economically is difficult, especially if you aim at using different materials at the same size with different particle distribution: you get a gas that way too dirty and you use too much money to condition the gas.
Go to visit Sasol gasification facility in SA: the gasification reactor is small, but the gas conditioning unit is way bigger than the gasification plan itself
My gut feeling is that Italy refinance will not work. 18 days to the end of the year and no news so far and holidays approaching fast. If no good news come toward the end of the week, I would think that is not going good...
Very funny indeed considering the performances of EQT.
Kind of Dada surrealism