Getech Share Discussion Threads

[32campomar] 22/2/2024 14:16:58

If GTC can successfully demonstrate AI can more accurately locate resources, these shares will fly.Next few year could be something very similar to the dotcom bubble when anything linked to the internet soared. AI I think will be just as big and the catalyst for a boom - just look at Nvidia's valuation in the US

[32campomar] 22/2/2024 14:12:23

Since 1990 the cost of discovering #CriticalMinerals has risen tenfold and new #exploration methods need to be adopted. See how Getech's #AI and #ML techniques are setting a new standard for finding minerals like sedimentary #copper: rb.gy/7624pk

[chrisdgb] 22/2/2024 08:45:52

Anyone with an updated sensible valuation method here...??

[playful] 18/2/2024 21:55:38

Geologists are signalling the start of a new energy “gold rush” for a previously neglected carbon-free resource — hydrogen generated naturally within Earth.

[32campomar] 15/2/2024 15:40:47

Our collaboration with @SandfireResLtd has led to a major application for #copper exploration permits in #Australia. Discover how our Globe earth model is unlocking #CriticalMinerals potential in the Georgina Basin: shorturl.at/hmnENhttps://twitter.com/getechplc/status/1756939363055784116?s=46

[32campomar] 09/2/2024 09:57:18

Interesting work going on in Zambia using Getech's products Zambia's ambitious goal: Increase #copper production from 760K to 3M tonnes by 2030, amidst global demand spikes. But will challenges outpace growth? See how our magnetic data is pivotal for exploration: rb.gy/1j2dgw

[book5] 08/2/2024 16:09:29

Closer to my entry price
More orders please

[yump] 08/2/2024 09:03:50

At least being CFO is way more involved and interesting than sweating for a big accountancy firm, putting money into the partners’ pockets.

[rivaldo] 08/2/2024 08:24:53

Good to see. In particular I always see CFO share buying as more interesting as (1) the CFO should know more about the company's finances than anyone and (2) they're normally the least wealthy of the directors by far.

[32campomar] 08/2/2024 08:02:32

Modest, but the message that director buys send out can't be understated. Now for the chairman and CEO....

[hutch421] 08/2/2024 07:20:06

As you suggested....

[workingfromhome] 07/2/2024 22:39:53

The terms of the share options are a sign of confidence. Directors buying shares would be even better

[32campomar] 07/2/2024 11:33:54

Great find Rivaldo!

[rivaldo] 07/2/2024 11:23:32

Interesting post from GTC's LinkedIn a few days ago:



"Lamborghini detailed the extension of its decarbonisation strategy on Tuesday, making the electrification of its lineup the most significant investment in the history of the company.

We are using our Globe earth model to identify sedimentary lithium deposits, crucial for the burgeoning electromobility sector. Discover how our cutting-edge methodology is shaping the future of sustainable lithium mining:

hashtag#GTC hashtag#Lithium hashtag#CriticalMinerals hashtag#BatteryMetals hashtag#Geoscience hashtag#Exploration hashtag#EnergyT"

[rivaldo] 07/2/2024 10:31:08

Yes, my point is that the option holders have to pay 8p rather than the nil cost option often seen - obviously the share price then has to reach 24p before vesting. Which would be nice.

[32campomar] 07/2/2024 10:05:10

Actually they can't be exercised until 24p. Treble current levels. That's to be applauded, it could have been set at a much lower level or even at 8p. A very positive step.

[rivaldo] 07/2/2024 09:56:02

Indeed - a 24p share price would be rather pleasant.

In addition, (1) the new options are exerciseable at 8p and not nil cost, and (2) almost all pre-existing share options have been cancelled.

Hopefully these are all signs that the new team mean business and are at least trying to recover investor confidence.

[wooster4] 07/2/2024 07:24:51

Nice to see an option which may only be exercised if share price increases by 200% - shows confidence

[playful] 30/1/2024 20:44:52

Updated Corporate Statement...

"Historically, Getech generated 90+% of income from the oil & gas sector, whereas this proportion now stands at 66% as new demand for our services across a much broader corporate landscape increases. This demand for our services is being driven by the energy transition to clean energy, as companies need to locate new materials and find new sources of energy. They also need our data to know where to look for them underground.

According to a non-profit net zero tracker, 91% of the global economy is now covered by net zero pledges by corporates. Government commitments globally have further boosted the market led by the US Inflation Reduction Act and EU Green Deal Industrial Plan, reinforcing the ever-growing demand for subsurface expertise.

There is no line of business that will remain unaffected by climate or energy challenges and Getech is well-positioned to assist, providing its expertise. Getech’s competitive edge comes from spending the last 30 years meticulously collecting data, refining analytics, testing hypotheses and building relationships. We use AI and machine learning in our work, but our core strengths lie in our unique data and exceptional team with the knowledge and vision to use that data to address specific energy challenges.” – Richard Bennett, Executive Chairman

[workingfromhome] 29/1/2024 20:07:53

AIM is notoriously leaky. News due?Or just a technical rebound from a hugely oversold position ? Either way it's most welcome.

[book5] 29/1/2024 13:06:53

Good recovery

[32campomar] 29/1/2024 12:23:41

Whatever it is, the chart is transformed.

[chrisdgb] 29/1/2024 12:11:54

What's happening...?