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Bullboard - Stock Discussion Forum Energy Quest, Inc. EQST

Utilities Utilities - Regulated Electric
"Energy Quest Inc is in the business involving an integrated gasification production system technology that combines modern gasification with turbine technologies to produce synthetic gas, hydrogen or electricity."

OTCPK:EQST - Post Discussion

Energy Quest, Inc. > 8/16 10Q says 3.2bn RUB deposited
View:
Post by Nikolai on Aug 18, 2010 11:20am

8/16 10Q says 3.2bn RUB deposited

by the JV partner. https://biz.yahoo.com/e/100816/eqst.ob10-q.html

With collateral in place the questions are how soon a funding package can be put together for the first project or will the package include several projects? Recent FX rate of 30.44 (reference Kitco https://www.kitco.com Russian Ruble, near bottom of the home page) yields USD 105 Million equivalent for RUB 3.2bn. The 10Q quotes $102,368,000 so the figures are pretty much in line.
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