RE: Observation30 Jan 2019 08:59
From 15Jan RNS on 1st contract:
"The Company previously announced on 24 September 2018 that it had signed a Memorandum of Understanding ("MOU") with Phoenix, a California based power company, to supply its proprietary EQTEC Gasifier Technology ("EGT") for two power plants in California, USA, expected to be valued in the region of EUR10 million.
Converting the MOU into a first formal contract with Phoenix represents a significant milestone for EQTEC and management expect this first contract to start generating revenue during H12019, continuing through H22019 and 2020."