GHY 5.14% 83.0¢ gold hydrogen limited

The Hydrogen/Helium separation facility needs to be local....

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  1. 27,630 Posts.
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    The Hydrogen/Helium separation facility needs to be local. Obviously you can’t transport Helium until it’s been separated and you certainly can’t transport it uncompressed any more than you can transport that big hydrogen/helium star thing up there aka The Sun. So no.
    Helium is a niche market globally and there is a good reason why there was only one helium by-product supplier in the Southern Hemisphere. There is no business case for standalone helium production, it is only viable as a by-product, whether traditionally from O&G, or potentially from Natural Hydrogen discoveries such as Ramsay. However, there does not appear to be any claims of significant hydrogen at Ramsay-2 target depth where the helium peaks showed up in mudgas samples and the hydrogen shows at shallow depth previously announced have no commercial potential in themselves, they are at this stage nice clues that show promise. GHY will have to confirm commercial hydrogen potential in it’s next campaign with the proceeds of this cash raise, then and only then can they consider improving the economics of hydrogen development with any bonus helium.
    The sophs new shares hit the market Wednesday and they will be keen to move onto the next big thing, rinse/repeat.
    Last edited by CEOChair: 07/12/23
 
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