GHY really feeling the love the last few days. Another all-time high of share price recorded this morning ...
I'm wondering when we're likely to hear first news of any (hopeful) success from Ramsay 2 drilling? The ann re commencement of drilling stated "expected to take between 14 and 16 days to drill, dependent on ground conditions.". If drilling started on Saturday 18th Nov then 14 days would take us to Sat 2nd Dec and 16 days to Mon 4th Dec. So we should have significant news around 5th Dec at the latest. But those timelines were to reach target depth circa 1000m. In Ramsay 1 the highest hydrogen concentration recorded (73% air-corrected) was at 240m depth. 240m should presumably only take about 4 days drilling which is TODAY!!!
I'm wondering if we might hear updates of any significant hydrogen encounters as drilling proceeds or whether GHY will finish the well, do their testing, and then provide all results in a single announcement?
Ann: Execution of MOUs for Hydrogen Pilot Plant Collaboration, page-42
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Last
$1.10 |
Change
-0.030(2.65%) |
Mkt cap ! $84.32M | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.15 | $1.10 | $26.62K | 23.76K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14145 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 10524 | 2 |
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| Last trade - 10.50am 31/07/2024 (20 minute delay) ? |
| GHY (ASX) Chart |