(NewsDirect)
Getech Group PLC (AIM:GTC) CEO RichardBennett speaks to Thomas Warner from Proactive following a period of"restructuring and re-focusing" on what it calls its coreexpertise of locating subsurface resources.
Bennett previously served as Getech'sChairman but took over as CEO earlier this year. He gives an overviewof some of the challenges the company has faced recently, highlightingan ultimately unsuccessful pivot away from its traditional focus onoil and gas and into the nascent green hydrogen sector.
He says that he has now "set themission of the company back to finding not just oil and gas, but thesubsurface assets that are really required by the energytransition" including geothermal, carbon storage and some criticalminerals projects.
Bennett says hisimmediate goal is to achieve a breakeven point for the company withinthe next six months, ensuring a stable foundation for future growthand avoiding the need for a potentially expensive fundraise.
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