George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Another partnership, this time with American stock exchange listed Expro
https://getech.com/news/getech-and-expro-partner-to-advance-sustainable-energy-solutions/
1.9 million net cash forecast for this year in the new broker note is really good news.
Last year it looked like they may have to raise cash, but that looks unnecessary now .
With AI progress, if this was listed on Wall Street as a technology stock (which is what it should be rather than in the oil and gas sector) then its valuation would be much higher.
It’s a shame the UK stock market is so depressed at the moment but at some point investors will realise just what we have here.
Richard Bennett should go on a charm offensive in America!
The new CEO Richard Bennett is really turning this round, he’s doing a great job. Cash flow positive this year was his stated aim & we are on course.
Once the market realises the potential of AI this will fly.
What a marvellous update !
New contracts of nearly 1 million
Cash flow positive for this year on track
And the bit that could really transform the companies valuation, advances in AI
Excellent start to the year !
I like this bit…wonder who the multinational technology corporation is ? Oracle, Microsoft..??
The collaboration is already pursuing its first project, showcasing the joint capabilities to a multinational technology corporation. This initiative underscores the partnership’s commitment to business impact.
I really like this way forward, to take stakes in future projects and build a valuable portfolio of assets. As most on here will know, if they find a resource, it would be a very lucrative investment.
Shame the stock market is so in-interested. They are missing a trick here.
Could there be a gold rush for buried hydrogen ?
https://www.bbc.co.uk/news/business-67541581
AI will be huge.
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?
We may be closer than you think.
For over 2 months, the company have failed to respond to my emails.
Having properly 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 board and on ADVFN 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.
It’s impossible to quantify this agreement without any figures. What’s it worth? Short term cash issues are in a desperate state. Stand by for a placing into any rise based on this news. We have seen it all before.