Getech Share Discussion Threads

[book5] 19/10/2023 09:11

98 out of 100 times, “the client” made the results available to the market/public to raise capital to build the mine.
And the results do not belong to GTC
Again dangerously Misleading and naive

[yump] 19/10/2023 08:23

Sigh ! Actually GTC have a lot of hand drills deployed all over the planet.

Drilling is the last step, usually undertaken by the client.

The initial mapping is done by: seismic, electrical, magnetic, radioactive or density techniques.

Of course someone else could do those and go to clients, but once GTC has done them, they belong to GTC, are not published publicly and very obviously have significant value.

Anyone who doesn’t get that should set up in competition and see how they get on.

[book5] 19/10/2023 06:49

Just tell me where the information feeding our worldwide model comes from since we do not do drilling.
You are naive.

[32campomar] 19/10/2023 06:40

You do talk rubbish

[book5] 19/10/2023 04:25

Mining is about defining local resources in great detail through drilling at very close centres, costing billions each year to the mining industry.

We don't own any patent in our model, do we? Therefore, do not be fooled: our model is a compilation of publicly available material. It is totally worthless.

[32campomar] 18/10/2023 19:09

The new guy is clearly on it. He's cut costs, laid off 25% of staff so we are now breaking even, with loads of potential to grow in a huge developing market.So much upside potential

[yump] 18/10/2023 18:18

The data value is not close to zero. Its clearly been expanded into much more detail which is what GTC use.

Read it up.

[32campomar] 18/10/2023 17:08

Impressive Looking forward to the shift to a technology classification on the stock market rather than oil & gas with hopefully a technology company rating - sounds like it will be soon !

[book5] 18/10/2023 13:25

Most Probably, the data value is close to zero because it was obtained from available sources to the public.
But the other three items have value
The problem is that R&D is not always profitable in the short term. We could go under in a couple of years if all the new investment does not have a decent return

[tbrian318] 18/10/2023 12:33

With the Market Cap less than the sum of its assets (cash + Kitson + data + software) someone doing price discovery in prep a takeover offer?

[workingfromhome] 18/10/2023 07:34

Apologies for the slightly trivial question But does anyone know why the market makers as they did late yesterday keep putting through trades of just 1 share ?

[book5] 17/10/2023 22:02

H2green needs billions of investments, so it needs commitment from the leading industrial groups of this country and support from the Government.

We are a tiny service company that can only act when the phone rings asking for a service for a fee.

So, our H2green project should not have passed the elicitation of requirements stage.

[yump] 17/10/2023 16:46

Sigh! Again, please explain to us all, what would have happened with H2Green, that hasn't happened because of government. As I said, Inverness has millions from the Scottish gov, so what is the problem there ?

I don't recall any announcements from GTC. What were they hoping to achieve ? We just don't know, because it was all just paper plans with nothing specific on exactly how GTC were going to develop asset value. Apart from mentioning 'asset' a lot on the part of Copus.

What were GTC expecting to happen, that has been thwarted by the government ?
I'm interested in facts, I don't give a toss who is in power.

Where does GTC detail the plans and explain how government has messed them up ?

I think GTC may have suffered from unlucky timing, in that the rise in interest rates has made debt and raising money very difficult and/or expensive. (blame Truss if you like, even though they were rising before her October idiocy and continued afterwards).

(Anyone who thinks interest rates would have been nice and friendly without Truss, is living in cloud cuckoo land. Other much bigger things have been happening, haven't they ?)

So any plans to invest in the (virtual ?) H2Green projects, in order to get asset value at some point when the projects developed, will have been scuppered.

I think the comment in the RNS is a complete giveaway and an admission of a mistaken adventure on GTC's part.

[32campomar] 17/10/2023 15:06

To those that blame the company for H2G grinding to a halt, here's an article in the Times which points the finger of blame for the UK falling behind everywhere else squarely at the governments door https://www.thetimes.co.uk/article/why-hydrogen-industry-fears-uk-is-lagging-behind-europe-h890kj00m

[workingfromhome] 17/10/2023 08:56

It seems there is a reason why we haven't seen any buying from the CEO...Looking forward to hearing news soon

[yump] 17/10/2023 08:05

To partly answer the question, this is on the GTC website:

“ The resolution of this (magnetic) dataset is an order of magnitude better than the public domain EMAG2 dataset over most parts of Africa (figure 5) enabling geological mapping and modelling in far greater detail.”

The implication is that GTC add a significant level of detail to publicly available datasets. Clearly that would stay with GTC.

[yump] 17/10/2023 07:56

Book5

Good point about the IP - depends what form it takes I guess.

GTC must own the process, whatever that involves. They also have a massive base of data - that’s not open source.

Presumably there might be an agreement about specific use of data provided for a client if its new and they paid for it.

A straight question for GTC I think.

[pugugly] 17/10/2023 06:10

32cam- U are up early!!

[32campomar] 17/10/2023 06:09

It would seem I wasn't the only one who took advantage of these ridiculous levels yesterday, Stuart Hawthorne now holding 14%

[battlebus2] 17/10/2023 06:04

Stuart Hawthorne over 14% now. He’s confident. 👍

[book5] 16/10/2023 22:33

I am pleased with the Twitt, however:

-Where is the RNS informing us on this three-year project's investment/cost/revenue, opportunities and threads?

-Our current AI program does not sell on its own to locate copper in Europe and needs input from two combined universities and a European field study.

-It is a three-year project; in the end, would we acquire new capabilities that demand a higher price? What about the two universities? Would they become our competitors?

-If the lessons learnt are worthwhile, the consortium will allow us to update the AI model for other projects worldwide.

GTC is a risky company. We may not get anything at the end of the three years, as it happened with the hydrogen.

Ladies and gentlemen, place your bets. A truly AIM company on its knees until an RNS reports we become profitable.

There is hope: we are in an R&D project; finally, I see a feasible objective

Gla

[workingfromhome] 16/10/2023 19:46

In my many years of investing I see the same patterns over and over again.The same people selling here are the same people who buy at the top That's not how to make money, unfortunately some people never learn.