Getech Share Discussion Threads

[weyweyumfozo] 07/8/2023 10:02

Related to today's RNSNON subject:

Spain want to start drilling for hydrogen in the Pyrenees, and a company is applying for drilling licences there. They are already drilling for hydrogen in south Australia. In Mali, they found hydrogen on a drill hole a few years ago and piped it up to a generator. Now they are getting rid of the generator and fitting a fuel cell.



"The push to wean the planet off carbon-free fuels and transition to renewable energy has focused mainly on wind and solar power. But mounting scientific evidence suggests there’s an untapped clean energy source deep underground that could provide vastly more power than we need: hydrogen created by natural geologic processes. And like the oil industry’s early days in the 19th century, it’s spawning a wave of drilling startups vying to be first to find big deposits."........

[yump] 07/8/2023 08:58

I can’t bring myself to be charitable about them - as I see it Copus and Johnson were the “founders̶1; of the H2Green idea, if that’s the right term and now they’ve done a Cameron. (Brave Sir Robin)
;-)

[pugugly] 07/8/2023 08:38

Yump - You cynic re key players!! Not sure the keys fitted.

[yump] 07/8/2023 08:00

Didn’t the Scottish gov put £27mln into Inverness site ?

Surely thats enough for little GTC to make something of.

I don’t think Labour will ignite anything green. The problems with progressing renewables are generally not party political, just like those with asylum seekers are not. Unfortunately both parties play pop-politics with the issues and each supporters club just goes along with it.

Imo Getech Lithium is just a useful trading name for selling into that market.

Re: today’s news and lack of H2 green news - I suspect they are going to divest it in some way - hence the update delays. Key players (if thats what they were !) have gone.

[langland] 07/8/2023 07:57

Reach news this AM

[32campomar] 07/8/2023 07:46

White hydrogen - A game changer if ever there was one https://www.telegraph.co.uk/business/2023/07/13/white-hydrogen-disrupt-global-energy-net-zero/

[pugugly] 04/8/2023 10:41

The lack of any update from the company - Especially regarding H2 is a serious concern - Shareholders should be updated.

[playful] 03/8/2023 22:01

While extracting the heat from the subsurface, we can also identify and retrieve valuable metals and critical minerals such as lithium from underground. These resources are essential components for many energy transition efforts, such as the creation of electric vehicles.

This can significantly enhance the economic benefits of geothermal by making overall
investments more valuable and thus attractive for potential investors.

[greenman11] 03/8/2023 19:31

Agree about Geothermal funnily enough it is also a way of extracting lithium.
Getech had this published today
hxxps://ptqmagazines.digitalrefining.com/view/237146399/7/
1st paragraph page 7 mentions lithium extraction

[32campomar] 02/8/2023 21:17

Good spot!There is lots going on behind the scenes, this is one example. Geothermal has enormous potential too for GTC. Hydrogen I think will still be big, but the lack of drive from government means momentum is not there at the moment. But it will return when we hopefully have a change of government, so I hope that we don't get rid of H2Green entirely. Hopefully we will get clarity in the update which must be imminent. Whatever our political beliefs, Labour will put a rocket up all sorts of green technology and GTC will do very well.

[battlebus2] 02/8/2023 20:46

I remember it mentioned at last year’s presentation and it drawing my attention.

[greenman11] 02/8/2023 20:39

They seem to show an interest in Lithium BB2
hxxps://www.linkedin.com/feed/update/activity:7092501008462794752

[battlebus2] 02/8/2023 20:34

Good to see, hopefully they can tap into what will prove to be a vast market.

[greenman11] 02/8/2023 19:11

What do you guys make of this ?
Getech lithium ltd

[32campomar] 02/8/2023 09:03

An update is long overdue.As an aside, it's very odd the current buy price is the quoted sell price of 9.8p.

[pugugly] 02/8/2023 08:42

Looking ripe for a low ball vulture bid - Tempted to put a syndicate together.

[playful] 02/8/2023 08:30

"Its a thriving base business in a growing market"

I would agree!

[yump] 02/8/2023 08:24

I’d love to see Johnson’s CV and then interview him.

Given the lack of news on the H2 front, I reckon it will be sold to PE, with whatever plans have been written, hopefully covering the original stake and some of the invedtment and we can go back to an expanding geo-information business.

Not sure there’s enough in H2Green to float it credibly.

Enough dead-duck add/ons. Its a thriving base business in a growing market.

[pugugly] 01/8/2023 18:45

Thanks - I thought (probably mistakenly) that he was a Director - Only hope he and Cooley have not left a real mess behind -

[battlebus2] 01/8/2023 16:34

Luke posted this on Twitter today

After 3 years leading @H2Green_ and 2 as part of @GETECHplc, I am excited to start my third business, Onxy Energy. Taking a few weeks off, then back on seat for the next exciting adventure!
Thanks to the great team at #GTC for the great journey, wish you all the best!

[pugugly] 01/8/2023 15:24

BB2:- Can you post link to news as cannot find reference via Google?
So what is the chance that funding of H2G will need a significant write off -

Checked - Looks like very old news ex companies house website: LJ Resigned 30 March 2021
Then o 01 Mar 2023 Termination of appointment of Jonathan Michael Copus as a director on 28 February 2023



Getech Group Plc completed the acquisition of H2 Green Ltd from Luke …
www.marketscreener.com/quote/stock/GETECH-GROUP-PLC-4005513/news/Getech-Group-Plc-completed-the-acquisition-of-H2-Green-Ltd-from-Luke-Johnson-and-Ian-Spencer-33458976/
www.marketscreener.com/quote/stock/GETECH-GROUP-PLC-4005513/new


So what is going on?? Confused.

[yump] 01/8/2023 14:30

Didn’t know he was going. I’m not on first name terms though.

From Linked In, some major BS:

“ About
Founder of H2 Green, my second venture and my first in the brave new world of Green Hydrogen. we are building production hubs in every major population centre of the UK”

Yeah right. FFS. If he is going, good riddance.

Starting to wonder whether Copus, as someone who clearly liked powerpoint presentations as if they were reality, fell for one from Johnson.

I now doubt whether GTC own or have any H2 green asset worth anything, unless you can sell paper plans.

[battlebus2] 01/8/2023 13:39

Sorry to see Luke go but wish him all the best in his future business. Hopefully we will get an update on H2 sometime soon.