Getech Share Discussion Threads

[battlebus2] 19/10/2023 21:14

I despair 😔

[32campomar] 19/10/2023 20:06

They already have BP, Shell & Chevron as clients to name just a few, if they already had the data then they wouldn't be clients !

[pugugly] 19/10/2023 19:49

I suspect that Big Oil and Big Mine already have far more data than GTC have ever had or will ever have. Could this be the reason that their revenues are not higher?

[32campomar] 19/10/2023 19:30

Market cap of 4.3 million If I was a big oil or mineral explorer I'd be tempted to buy it. Loose change to them, and give them a huge advantage over their competitors

[book5] 19/10/2023 15:47

The software provides a framework to help engineers do their work, just like a checklist and sells relatively well because it is cheap, and many new starter engineers need a guiding friendly software.
GCT is trying to improve it.
The word AI is just spin.
I agree the software has value.
I disagree that the worldwide models have any value.

[32campomar] 19/10/2023 15:06

Don't blame you

[playful] 19/10/2023 15:03

book5> Filtered

[book5] 19/10/2023 14:57

Sorry, I appreciate your effort, thanks.
However, that presentation is pointless unless good annual result numbers back it up. Do you agree?
The software is so cheap that the companies buy it in case it helps.

[playful] 19/10/2023 14:41

Did you appreciate that explanation?

[book5] 19/10/2023 14:36

What is your understanding of what “ directors believe” means?

Why, then, do we need to go hand in hand with two universities and a mining company to increase our know-how?

Are the “directors believe” synonymous with “we hope”?

We are in R&D phase, the results on two years.

[playful] 19/10/2023 14:17

Perhaps the video and explanation below can help you understand:



Magnetic data can be mapped to show small variations in the Earth’s magnetic field. These maps can then be analysed to show the location and depth of geological structures such as faults, rock boundaries and volcanics.

Gravity data is similar to magnetic data, except that it is used for mapping the variation of the gravity field of the Earth. Variations in the Earth’s gravitational pull arise from changes in the density of rocks.

The gravity field allows three-dimensional analysis of geological structures at depth. For example the gravitational field increases over anticlines (arch folds in rocks) and decreases over the top of salt domes (a plug of salt).

This information, together with other data, contributes to the evaluation of the mineral and hydrocarbon potential of a region.

GETECH licenses its magnetic and gravity datasets and interpretation reports to oil, gas and mining companies who are able to generate an image of the sub-surface geology over a potential exploration area. The Directors believe this benefits the oil, gas and mining companies by adding a greater degree of certainty before more expensive seismic exploration and drilling operations are undertaken.

[book5] 19/10/2023 13:59

Yump
Check any mining stock
They must release ALL price-sensitive info coming from their exploration activities
So Gtc has probably read the information that mining companies release to the stock exchanges.
Pls ask GTC ITS SOURCES

[yump] 19/10/2023 12:38

Book5

What exactly does the client release ?
All of GTC’s more detailed data ? Actual databases, not just the map ?

I think you’re just trying to back up a point about the value of the data regardless.

Perhaps its time to ask GTC.

[workingfromhome] 19/10/2023 11:26

Thanks Book5 we agree on that You are lucky with your entry price !

[book5] 19/10/2023 11:03

it is a UK-run company
mineral hydrogen opportunities
local know-how
low price, in around 10 to 11 p

[workingfromhome] 19/10/2023 10:27

Let's be positive then for a changeWhy are you a shareholder ? There's obviously something keeping you here?

[book5] 19/10/2023 10:17

My advice is: be honest

[workingfromhome] 19/10/2023 10:10

So odd Just sell and move on rather than talk your investment down, that would be my advice !

[book5] 19/10/2023 10:05

Because I don't particularly appreciate living in a fantasy parallel universe

[workingfromhome] 19/10/2023 10:01

So why on earth do you keep slagging the company off ?

[book5] 19/10/2023 09:59

I am a shareholder
What difference does it make?
In this tread, some shareholders are spreading dishonesty or have their heads under the sand

[workingfromhome] 19/10/2023 09:56

You haven't answered my questions Are you a disgruntled former employee ? Are you a shareholder ?

[book5] 19/10/2023 09:50

I say things as I see them
Here, some people are misleading themselves and others

[workingfromhome] 19/10/2023 09:33

You sound bitter, are you a disgruntled ex-employee ? Very odd if you are a shareholder as you constantly try and undermine the company with Ill informed nonsense

[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