Getech Share Discussion Threads

[tbrian318] 11/12/2023 16:43

god I hope so. Down AGAIN today, just when you think it cannot go any lower!

[32campomar] 11/12/2023 15:36

Absolutely I believe it's seriously mispriced

[tbrian318] 11/12/2023 15:27

Does anyone believe the share price can recover from here?
I've been holding, hoping to see a climb back towards something like I paid, but I'm wondering if I'm kidding myself?

[pugugly] 11/12/2023 11:15

WFH > U have answered your own question (imo) No bid so probably Worthless!!

[workingfromhome] 10/12/2023 22:45

I can't understand why someone hasn't bid for the company, the valuation is absurd and it would be loose change to a multinational like Glencore. What an advantage they would have over their competitors.

[32campomar] 10/12/2023 21:17

What do we think about AI? It has already outgunned weather models, predicting the precise depth & location of hurricanes 3 days ahead of standard meteorological methods. Imagine how valuable it would be to Getech if, using their existing data, AI could more accurately locate mineral deposits, saving explorers a fortune? A game changer is there ever was one.We may be closer than you think.

[yump] 10/12/2023 09:27

Says he’s CFO ! Surely a more suitable position would be Powerpoint presenter of theoretical business plans?
;-)

[greenman11] 09/12/2023 10:25

Jonathan Copus has moved on.
Worth a read

[book5] 06/12/2023 15:07

Another useless twitter

[battlebus2] 04/12/2023 13:03

New lows unfortunately. Keep the faith guys.

[book5] 30/11/2023 12:09

The recent new Tweet is just a paper about white hydrogen



We need an RNS announcing new orders. The rest is spin

As predicted, it seems that the presentations were a waste of time and resources for the shareholders. The directors knew it but went ahead to justify their fat cat salaries.

[book5] 29/11/2023 12:48

It must have finished by now
Richard Bennett, CEO, will give two presentations, one at 11am and another at 2.55pm, each followed by a Q&A session for attendees. The Company will also be hosting a stand to meet investors.

[32campomar] 28/11/2023 16:54

A good sign

[battlebus2] 28/11/2023 16:52

Nice rise into the close.

[book5] 28/11/2023 14:18

Maybe someone paid for that article to create demand to sell their shares.

[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.