The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Yes, I have been imprecise trying to write for layman and not experts. I know FT synthesis very well, Sasol, Pearl plant etc etc I know all of them very well
I see a lot of excitement here for the 1 million € awarded from the french government to assess the EQT gasification. Sorry to dampen the enthusiasm, but let's reason a bit: the feed in tariff for bioCH4 in France is in the range 100/MWh for small size and decrease when the m3/h increases. Wood to syngas to renewable methane is no new technology, basically is a Fischer Tropsch synthesis. If you project then the cost of the feedstock, the CAPEX & OPEX you will see that such plants with that incentive will hardly be economically viable commercially. FAZIT --> nice to get some tax payers money to pay some engineers doing precise desk studies, but I doubt the wood to biomethane route will work on a serious basis, in Sweden there is a plant that does that since 10 years but they never elnarged it or sold a license for a commercial plant, no demo plant. Did you ever asked yourself why?
argh, you got me, I am one of the BoD that is shortselling and then buying all the stock when the get to 0,02 and then they will skyrocket do 30£ and I will be the richest man on the planet, trading places was always my preferred movie.
COming back to reality, I like Wittigstein, thus I speak only about what I know. Since I evaluated EQT for myself I just share what I have learnt, nothing more, nothing less
The queue to get the prize "lousy sherlock" is geting bigger ;)
there are a lot of hypes than reveals hopium, is just from that that derives my sentence. Like H2 as road fuel or for house heating (see Liebreich ladder for more information on where H2 is needed and where not), hype from microplastic that will kill us all etc etc
pay attention to do not self delude yourself. Italy site will lose money, the future profits will not cover the expenses so ultimately will lead to losses in the balance sheet
basically you can ingest a teaspoon of "superdangerous" microplastic, and that would behave like activatedcharcoal in clean up your guts
microplastic in the water: I follow it since its beginning and I have a nice bunch of scientific articles. Do you know the real problem? Plastic is inert and apolar: it sucks up apolar pollutants and you ingest it. But the surface interaction at atomic level tell us that the pollutant has more affinity for the plastic than for your intestine therefore as you ingest the plastic as you expell it in the toilet bowl, but stained brown.
In a nutshell: much ado about nothing. The real problem is conversely macroplastic. the plastic 6 rings that holds beers and it is discarded in the ocean, that is really dangerous.
Prove me wrong with scientific papers and not by "feelings" or "opinions"
the thing is that if you do plastic --> EQT gasificatioon --> electricity than you sell your electricity as "regular electricity" and do njot access to incentives, though you would get paid per ton of plastic that you let disappear
that is the best option, I told DP and YA and the dutch guy when we spoke, that in my opinion their business case should address that topic, but they were not really paying attention to that. Do you know what happened in between? That many companies developed already the "chemical recycling of plastic" (that is ultimately plastic --> syngas --> chemical catalysis to new virgin plastic" so that squeezes even more the market for EQT, but they may save themselves in corner if they do just the tech provider for the gasification of plastic to be used downstream by others
it is anyway nice how you think guys: either things confirm your bias, or they must come from somebody trying to insert something in your corporal cavities. I would recommend a visit to psychiatrist
no, not at all, I am entrepreneur in Renewable Energy field, so I do not really advocate for coal, oil or whatever, the more renewable energy the more I earn
2phevs:
I am here to share opinions and learn also from you. I have my points of view and I shared it here. My companies: are 2 small ones, family owned by me and my wife, and not related exactly to Eqtec, rather complementary, I woukld profit personally from Eqtec espansion but I am a scientist by training, so I am used to say things straight, I do not have the deceive mentality of salesman or people trying to convince you to invest and I am not paid by anyone. I will need to work now for me thus I will limit my screen time here, since it is nice and makes fun but ultimately does not pay my bills
Schatzylein (little treasure): the same considerations for waste inceneration applies also to gasification. For waste then we have already enough plants, very few will still be constructed because willing or not the greens that is the only option. For wood then, same consideration: cheaper and easier burn it in a boiler and make electricity with a steam turbines, plenty of plants already up and running. The bottom line is: EQT arrived too late with its tech and they do not have really a competitive advantage
@mjallen: EQT convert solid stuff into syngas and then either you burn the syngas to get electricity or heat or you use the syngas as feedstock to make liquid fuels or chemicals. The latter option would be economically more interesting, but these are usually large plants that work with economy of scale and the Eqtec device is too small to sustain enough syngas production to make it economically viable to use for chemistry. It remains then the electricity generation, but again, everybody is able to make syngas, the real issue is to clean the syngas enough to run an engine with low down time and not much O&M, and that is not the case. You need to be able to see the gasification as a ring in a chain, and a chain is strong as the weakest of its ring ;).
In the end, if you want to do electricity or heat, just use a traditional incenerator, it is cheaper though it makes sense from 20 MW electricity output, but waste is available in large quantities, so it is not the availability of waste the bottleneck
@goldbar There are too many people relying on "technical analysis", but the stock market does not work like that. A value of a company is given by its asset, the core technology that offers and a sound business case. Eqtec has some assets, such as the plant in Italy and the ones under construction, but its tech is not so good as they claim and the business case depends only on incentives for renewable energy. So, if there are some money to do with a quick spike (like NYSE:GME) then fain enough, it is not my way of operate but I have nothing against it, but I would not put my hard earned money in the company
to be sustainable in the wrong run --> in the long run, sorry for the typo
Lausig Sherlock would man say in German. I am a freelance, I invest only my money but since I am also entrepreneur and I have 2 companies in fields related to Eqtec then I understand very well their technology, their business model etc. As I said, ultimately even if Eqtec would get a 500 million loan tomorrow to complete all its project then they will still have troubles to be sustainable in the wrong run, they just have the wrong tech
BTW I have no twitter account or other social media, I am an "old style" guy
You are a louzy sherlock. I had a sleepyaccount since months, yesterday I have seen the slump and decided to start to post my experience to warn investors, easy money time is over and people should take informed decisions