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.
Gallina site will never make any profit, JVL and DP stated it loud: it will be a facility to test new processes, feedstocks etc at large scale and not a facility to make profots. Read between the lines: we spent too much even if electricity is sold at 280 MWh. Having said that, good luck to make any project profitable
I just want to share here my considerations why EQT has no future, nothing more or less. I have also shares in companies that perform badly, but I am just aware of that and I just burn the cash I do not need.
In a nutshell, EQT down further 2.22% today, thus now it swallowed back all the good news from the latest "tentative spin of narrative".
For the ones of you that purchased EQT at 1.00 and still holding: it will need to grow 5X to offset the losses, good luck with that.
what? I said that that wood biomass is OK for biochar, but biochar has a negligible market since no one is really willing to use it: it is expensive and its positive effects as fertilizers are not well established. You can make biochar from waste I mean from plastic etc, YEs you can do from some agrowastes, buit not every kind. Just as example: orchard pruning, you cannot use for gasificatioon that wood because is contaminated with copper and agrochemicals, so you need to dispose it maybe burning but the ashes (and the eventual biochar) must be dipsosed separately as specially contaminated waste
no, anaerobic digestion is better for wet biomasses, furnaces are better for that kind of waste. A furnace is cheaper and easier to handle than gasifier. Just have a look at how many waste incineration plants are available in the world and how many waste gasifiers have been built and are operating
why ad hominem attacks? Just reply to facts & numbers. As I said multiple times, I do not see a future for EQT, his tech is not what the market needs, there are plenty of cheaper & functioning alternatives
The core question is "why should I buy a EQT plant?" because ultimately EQT sells gasification plants
Instead it prove it: I guess you have never been in the position to have the waste, the money and decide for the tech in your life, do you?
I like how do you verfick deinselbe in your dreams. Getaway fee: any plant with organic municipal waste to renewable natural gas get that fee, it cost less than Eqtec plant, it is a know and reliable tech since 20 years. Why then if I have that amount of waste, I get paid to use it, and I should opt for Eqtec and not Envitec tech? In fact, have a look at Envitec shares and Eqtec share.
As I said, you are deluding yourself once again
In the last 5 days EQT increased 1% their share price. The agreement in the press release: it looks to me an attempt in cashing in EU money from the recovery fund from a bunch of players rather than a well thought industrial project.
The Wood process to produce synthetic natural gas is around since 2015, can you tell me how many plants have been effectively commissioned and are up and running commercially speaking and not demonstration plant built with public money? No one.
If you study this you understand why also this latest announcements will end up in nothing, in the best case they will do a couple of heavily subsidized plants
https://link.springer.com/article/10.1007/s13399-018-0333-7
Deesind was supposed to proviude H2 for toyota Mirai, but §Toyota finally came to sense and scrapped the fuel cell car stuff, H2 as road fuel has no futire and Toyota though it started the hybrid cars than invested too little in electric cars so now has to work hard to fill the gap. It is the same with German car manufacturer, they insisted in spending money in R&D and manufacturing lines for hybrid cars and the sale data show clearly that the consumers want electric cars, so now will have burdened balance sheets since they will never recover that money
Hard times coming for german car makers, I will buy the dip and hope for their rebounds
@tryagain: are you referring to me? I dare you to say it again. I am reporting without filters what I know on EQT, that is not confidential, and I report the dialogues between me and another guy who considered to invest in it and dropped the opportunity since he does not see any future in the company, plain and simple.
@mct101 I indeed agree with you. With such spikes in interest rates it will become harder and harder for Eqtec to borrow money. Yesterday I had a meeting with another investor I know, and chatting we discovered he was also offered shares of Eqtec and he also visited them, talked them and ultimately declined to invest after studying their business case and making few back of the envelope calculations.
just to summarize:
last 5 days= -8,45%
last month= -38,87%
last 6 months= -32,32%
last year = -79,62%
last 5 years = -61,33%
Since IPO = - 99,99%
Numbers never lie and as I said, soon or later people will pull the plug to the patient kept alive by "automatic ventilator" (you pouring money in), so it is up to you to toss up the pallbearers for the funeral
I am really in a hurry so sorry for the quick & dirty answers:
1) Biochar has no market yet and it is not on the right track. It is expensive and few farmers can afford it, mainly farmers with high return per hectare (wine growers etc). In principle it is nice, sequester carbon from the atmosphere and bring it where there is a deficiency (the agricultural soil). Conversely, biochar it is also rich in toxic compounds (aromatic such as naphtalenes etc, thus farmers are not willing to use it until it will not be clarified, they fear that will contaminate their means of production (the farmland). In any case, the biochar sale will be possible only from plants with wood chips and not from waste plants
2) if you look at the economics of MoViAlsa they would have earned more money if they used the same amount of biomasses in traditional wet AD
I do not know PHE in that deep, but I will have a look at them and let you have an informed opinion.
What I can tell you already from a quick look at their website is that they have a good feedstock (plastic), that especially if you have a getaway fee become interssting, but their feedstock will get growing competition from chemical recycling pf plastic, that is coming forward quickly and aggrressively (plastic --> syngas --> fische trospch synthesis --> new "virgin" plastic).
I stay away from H2 companies: H2 is a dead horse when it comes to its use as road fuel either for cars or trucks (shell is closing its H2 tank station in UK), it is not good for home heating. There is anyway a lot of H2 demand from ammonia synthesis. H2 for industrial uses is OK (ammonia, steel etc). Do you know Liebreich Hydrogen ladder? Use that as compass when to invest in H2 companies, it is a suggestion worth gold, believe me
Are you a LS? (Lousy Sherlock)
I do not have any interest, and I do not like to see shares plunging, I invest in the stock market as well (with a lot deal of errors like anybodym, basically a cow ****ting on grass marks trade equally or beter than stock traders)
https://twitter.com/RobinWigg/status/1218146789947334667
I am sorry to be so negative, and as I stated multiple times I do not have a personal interest in EQT beside having had the chance to talk to the BoD in the past.
As investor, I do not follow "technical analysis" or other fancy math models etc. It is very simple: I put my money to companies that have a competitive tech advantage. EQT does not have it: it is more expensive than other rival technologies and can find a suitable business model only when the feedstock has a negative cost or next to zero. Wooden chips has e not negligible cost and other than syngas to electricity EQT is not able to do much. Considering the the waste heat is also used to pre-heat and dry the wooden chips or other material to gasify, it means that there is not even much waste heat to valorize, decreasing even further the revenues for EQT.
In a nutshell: my prognosis for the patient EQT is not positive, it can survive artificially with the cash pouring in (like a man on a ventilator), but once you pull the plug the party is over, but I see a lot of pallbearers available here for the funeral
Just to be complete: gasification is around since 150 years and gasification originated modern organic chemistry: it has been "digging in the dirt" of the coal residue after gasification that phenols were firsti isolated and characterized
Aandi, you are just wishful thinking once again. Gasification do you know since how may years is around? EQT has no real significant advantage over other gasification technology, it is just that DP has been installed there to try to get some money back of the families that initially financed EQT, lost their money and all this operations that you see is to allow them to get back soem money. And I pity the small investors, they are low-medium income persons that are ripped off to cover the losses of rich families that can weather the storm of these losses but since thery are rich and greedy they want to get part of their money back. Believe me, there is no substantial advantage with EQT technology, the problem of EQT has I said multiple time is that their tech is expensive, cumbersome and no significant advantage. But I am happy if you like to lose your money like that, me too I lose a lot of money in the stock market, we all do failures
@TIA: if you burn wood or biomass with renewable carbon who cares about CO2 emissions, just care about PM10, PM2,5, NOx etc and in that case a modern Waste to Energy inceneration plant is very "clean" and epidemiological studies observing health of people living downwind to waste incineration plant show no sign of any detrimental effect on health, when the plants are "relatively new" (that means built after 2000)
aandi, I like your wishful thinking, if you read the report they say that incineration is more economically profitable than gasification, and EQT gasification plant is getting more and more expensive than their "old" gasifier, because it is becoming more complicate to build in order to be able to control the process. EQT has been killed by the basic engineering, the financial disaster is a consequence of selling a technology that can work burt it is more expensive than its competitors, plain and simple