G.E.T.T Gold Inc.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Accumulated deficit of $76,934,445 and a working capital deficiency of $14,694,862.
- Uncertainty about securing future financing.
- Potential for dilution of shareholder holdings if additional equity is issued.
- Risk of scaling back business plan or ceasing operations if funding is insufficient.
- Volatility in financial markets making it difficult to access capital.
- Risks inherent in mineral exploration and development (large capital expenditures, no guarantee of profitable production, unexpected geological situations, etc.).
- Potential litigation.
- Dependence on key personnel.
- Conflicts of interest among directors.
Mitigation Strategies
- Exploring options for securing financing (issuance of new equity, cost reductions, debt renegotiation).
- Intensive work to optimize and upgrade thermal fragmentation equipment and define R&D programs.
- Valid patents to protect intellectual property.
- Leveraging knowledge and experience to penetrate the mining industry.
- Maintaining an environmental management system.
- Ensuring compliance with applicable legislation.
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Thermal fragmentation mining technology