expect to multiply the opportunities, which should then translate into multiples of news, that in tu15 Nov 2021 16:52
expect to multiply the opportunities, which should then translate into multiples of news, that in turn, will also increase the value proposition.
The plan going forward is to be as open with shareholders in terms of communication as possible, particularly in relation to commercial deals as permitted. As I write, the shares in GTC are trading around 36p with a 25% gain on the day, but moving up and down as some elect to take profit, but in doing so leaving something for the next person who may now be coming on board. From a personal perspective I’m sitting tight as the announcement today clearly highlights the reality and vision coming through and which looks like gathering some serious momentum. In a note this morning, broker Cenkos provide for some numbers that are interesting, based on a single Hydrogen facility, which it cites as generating £5.8m in revenue and £2.2m in EBITDA per annum for GTC. That may be some way off yet, but it provides for a taste of things to come and the huge potential going forward giving a glimpse of the upside once assets come on stream and scale up. But, as I have mentioned here before, GTC isn’t all about the Hydrogen as opportunities around Geothermal and Mining for specialist minerals is also providing for increasing growth prospects for the company. Copus sounds upbeat and excited on these aspects of the business too, particularly around the Globe offering and its first Geothermal product titled Heat Seeker where the CEO adds, “there will be more to say on the mineral space as we release that”.
He also says that there are multiples of minerals around that can be used and implemented in the development of new products which complement the requirement for the likes of copper and manganese, so there is plenty for GTC to focus on and increase sales from its traditional but improved offerings. One swallow certainly doesn’t make for a summer, but it does provide for an expectation of what is to come and to that end GTC looks like a company not only on an exciting path, but one that could now deliver handsomely for investors in the coming years.