This broker seems to have worked out the next SA Hydrogen/Helium cab off the rank in a new report released today…
2H Resources: Hydrogen and Helium acreage
• Large exploration license applications for hydrogen and gas storage in S.A. and in W.A. for helium, in wholly owned Buru Energy (BRU) subsidiary, “2H Resources”.
In 2020 Buru made a strategic decision to enter into new ventures focused on carbon capture and storage (CCS), and hydrogen and helium exploration. The rationale is that Governmental climate policies will drive demand for “green” energy and fuel demand. Figures 5 & 6 show Buru licence application areas.
For an historic fossil fuel producer, the logical leap is the application of sub-surface exploration and production skills honed from oil and gas activities.
Presently, there is an investment boom in the pursuit of naturally occurring hydrogen and helium. Hydrogen has risen to the fore as a “green” fuel, because when combusted there are no primary CO2 emissions.
Naturally occurring hydrogen can be produced more cheaply than alternative methods which either involve electrolysis or combustion and conversion of gas or coal, however the geological settings for hydrogen to be contained in commercial quantities are rare in the world
https://www.buruenergy.com/site/pdf...6947/MST-Access-Buru-Update-February-2024.pdf
This broker seems to have worked out the next SA Hydrogen/Helium...
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Last
$1.54 |
Change
-0.095(5.83%) |
Mkt cap ! $117.6M | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.66 | $1.52 | $1.073M | 683.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 412 | $1.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $1.57 | 2269 | 1 |
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| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
$1.55 |
Change
-0.095 ( 2.61 %) |
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| Open | High | Low | Volume | ||
| $1.58 | $1.58 | $1.52 | 39391 | ||
| Last updated 15.57pm 30/05/2024 ? | |||||
| GHY (ASX) Chart |