Getech Share Discussion Threads

[book5] 28/11/2023 14:06

Transformational, or just spin?

For instance, the reality could be that the contract may start when Europe gives a grant in late 2024, and the arrangement and knowledge will be EU Intellectual property.

Or, It could be a paid article with a tiny piece of truth yet irrelevant in the grand scheme of things if the contract is worth £100k and the costs £101k.

Or all was preliminary, and nothing has been signed yet.

Ignore rumours. Trust only 50% of what an RNS says

[battlebus2] 28/11/2023 12:23

I feel sure they will given the questions he will have to answer at Mello.

[32campomar] 28/11/2023 12:14

I agree but they really do need to start improving their communication. There's been plenty happening (other than what I described earlier) that could very easily have been announced as a trading update. Richard Bennett's stated aim of break even is crucial because it means that any new work would see us profitable (see yesterdays new contract not RNS'd) & that would be transformational. A simple update to confirm that is going to plan is not difficult. I for one would be really annoyed if we aren't updated in the morning ahead of the investor event & people at that event effectively get a verbal update ahead of us.

[battlebus2] 28/11/2023 11:55

I know it’s hard to be patient when you see the shares falling lower and lower but it’s something I’ve become used to with these small caps. I’ve every faith Richard can create shareholder value.

[workingfromhome] 28/11/2023 11:09

Not far off there 32campomar That is not the reason why directors aren't buying Book5

[pugugly] 28/11/2023 10:11

Natural Hydrogen - A bit of a moon shot

[book5] 28/11/2023 09:45

Get ready in your head. You can lose it all.
That is a safe assumption for your mental health
Directors are not buying it because It doesn't smell very good. Even if directors could not buy shares directly, there would be leaks, and their friends would buy in advance of the news being released
A government grant to search for White hydrogen at home is the only thing that can save us
but it is improbable GTC will take off
Any RNS should spell the value of the contract. In my opinion, no RNS means a low-value contract.

I mentioned 5p months ago, sadly we have reached it
Let’s see what happens

[32campomar] 28/11/2023 09:30

For over 2 months, the company failed to respond to my emails.Having looked into this matter in the last few days, it is my opinion that the BOD are privy to price sensitive information and as such are deemed insiders. This would explain why, despite verbal assurances to me from the CEO, director purchases have not been forthcoming.I believe that it is something positive - Whether it is a deal they are working on, or they are in receipt of a bid for the company, but it's gone on long enough and it's time for the company to communicate to their shareholders. I have written this on this BB and the LSE board in the hope it will put pressure on the company to act ahead of tomorrow's investor event or to encourage shareholders who are going tomorrow to put this directly to Richard Bennett.

[32campomar] 27/11/2023 13:06

New contract and no RNSWhy ? Getech, a world-leading locator of subsurface resources, has commenced a natural hydrogen exploration project in Eastern Europe for a prominent European energy company. This study represents an important step in harnessing natural hydrogen (also called white and geological hydrogen), a potential game-changer in the energy transition. The project is founded on Getech's extensive subsurface data and geoscience expertise. The approach exploits the distinct magnetic characteristics of ophiolites – igneous rock formations considered prime sources of natural hydrogen. By mapping the extents and geometry of these formations, Getech provides vital data to identify potential hydrogen sources. As part of the project Getech undertakes 3D inversion modelling to distinguish the magnetic properties of ophiolites from other sources of magnetic anomalies. This contract not only strengthens Getech's relationship with an existing client but also enhances its proficiency in locating natural hydrogen. Integrating unique AI and machine learning tools into its methodologies, Getech is well positioned to win similar projects in the future. Anticipated as a pivotal energy resource for the future, natural hydrogen offers a sustainable pathway in the energy transition, and Getech is ideally positioned to facilitate this shift. With its vast proprietary geological and geophysical data and over 30 years of expertise in locating subsurface resources, Getech is set to become an important player in the evolving energy transition landscape. Natural hydrogen, producing only water as a byproduct, stands out as a clean energy source. It holds great promise as a carbon-free fuel for vehicles and power generation, as well as in a range of other industrial applications.

[32campomar] 21/11/2023 08:07

Yes it's a good job we have no need to raise cash in the market the way it is at the moment But history proves bear markets always end without exception.

[pugugly] 21/11/2023 07:34

Re 2972 - Given the original source caution warning possibly very applicable - Some may well bounce back but given changes and potential changes in macro environment, particularly cost of money many will still fall by the wayside. (imo)

Number of discounted fundings seems to be increasing day by day.

[book5] 21/11/2023 07:18

Unfortunately, GT is no longer an investment but a lottery ticket about to expire
We urgently need orders with good margins and an RNS announcing them.

[32campomar] 20/11/2023 15:44

AIM â€" Is this the Bottom?Index set for a Strong Rebound in Q1 2024London’s Alternative Investment Market (‘AIM’) now appears quite dramatically oversold, following a decline of more than 40% relative to the FTSE All Share over just the past 2 years.Long-term chart provides exceptional support, producing multiple bounces from the index’s current level over the past 13-years.Coincident crossover of stochastic indicators reinforces expectation of an imminent and significant reversal from a heavily oversold position.AIM has displayed surprisingly high sensitivity to UK Base Rates â€" which is good news, given they now appear to have peaked with cuts anticipated by next summer.Improved access to capital could revive AIM’s IPO market, while the recent spike in M&A activity suggests consolidators have already started picking off high quality, lowly valued/well positioned enterprises. This may accelerate further during 2024.Impact of suggested abolition of Inheritance Tax (however unlikely) looks overblown.Risk-takers might seize opportunity now in order to avoid anticipated rush back into the index early in the New Year. Based on past recoveries, an upward correction that returns the index to around the 900 level during the first half of 2024 appears to be a realistic target.

[davidosh] 19/11/2023 22:45

A reminder that there is an opportunity to meet the management team...

Getech will be one of the companies presenting at MelloLondon at the end of this month and they have a stand and will do two presentations on Wednesday 29th November.

The event will take place at the Clayton Conference Centre, Chiswick on Wednesday 29th and Thursday 30th November, where you can expect over 500 investors, 40 Aim listed companies and 10 or so Trusts and Funds.

Tickets are still available and if you would like one at half price then enter the code MMTADVFN50.

For more information, visit

[32campomar] 19/11/2023 15:43

As usual as the rest of the world get on with it, the UK are paralysed by inaction and drift Fortescue unveils plans for electrolyser manufacturing in US ahead of imminent FID on Phoenix green hydrogen hubhttps://www.hydrogeninsight.com/electrolysers/fortescue-unveils-plans-for-electrolyser-manufacturing-in-us-ahead-of-imminent-fid-on-phoenix-green-hydrogen-hub/2-1-1556943

[32campomar] 16/11/2023 16:56

Fund manager comments following takeover of hotel Chocolat by Mars - highlighting again the ridiculous valuations of many small companies Chief executive of fund manager, Crystal Amber, Richard Bernstein warned more UK businesses are becoming targets for takeovers by global corporations. On X, previously known as Twitter, Bernstein said the 'absurdity of UK small cap valuations [was] demonstrated again today' in reference to the Hotel Chocolat takeover. The Crystal Amber fund invests in stocks listed on London's junior Alternative Investment Market, also known as AIM.

[book5] 14/11/2023 19:21

Like the learning bit
But, do we make any fee?
That could be gtc future
Why not in the UK?

Down in a good day for the market

[yump] 14/11/2023 10:32

Working with academic institutions sounds like it might be done FOC. Presumably the professors all still get paid their 60K+ though.

[greenman11] 14/11/2023 10:15

Getech white Hydrogen collaboration

[pugugly] 10/11/2023 14:20

32camponer:_Could it be that it is often that shareholders are irrational rather than markets being rational - or maybe both are more often irrational rather than rational.

[32campomar] 10/11/2023 13:59

I find it very odd that actually the number of shares held as notifiable interests has actually gone up compared with 6 months ago and yet the share price has fallen considerably. Who said markets are rational?

[32campomar] 10/11/2023 13:54

Company shareholder update Shareholder % of issued share capitalMr. Stuart Hawthorne 15.1%Amati Global Investors 11.5%Hargreaves Lansdown Asset Mgt. 7.2%Premier Miton Investors 7.2%Interactive Investor 6.5%BGF Investments 6.0%Rathbone Investment Mgt. 5.5%Dowgate Capital 4.1%A J Bell Securities 3.1%

[32campomar] 08/11/2023 15:20

A blue afternoon ? Wonders never cease

[book5] 06/11/2023 13:34

They should be knocking on the doors of BP, Shell and the government to ask for a grant to study locations for white hydrogen in the UK rather than doing presentations that look stupid with the background of our share price performance
It is So simple, yet so difficult for this management

[bookbroker] 06/11/2023 10:00

This is going to end up at zero, management just jawboning about prospects, Kitson House been on the market for five years and counting now, how long does it need to take to sell. The valuation of the company is now less the value of remaining cash and the value of that property. Makes the stock look cheap but difficult to see how the business can cover costs, even with significant changes that are taking place and Bennett stating that he can take circa £2m costs out the business. H2Green must be worthless without financial support, something GTC cannot afford. Copus was duped by the thief Paton into getting involved with a pair of chancers.