GHY 1.87% $1.36 gold hydrogen limited

They are releasing an Unrisked Prospective Resource statement,...

  1. 26,760 Posts.
    lightbulb Created with Sketch. 4579
    They are releasing an Unrisked Prospective Resource statement, which means an arithmetic best guess of the undiscovered based on the observational data from Ramsey-1 & 2. So it could be both Helium, based on Ramsey-2 shallow depth discovery and even Hydrogen, although they missed at R-2 target depth, there were some more interesting observations at R-1. They have found nothing commercial to date and the point of producing these Prospective Resources will be to provide encouragement to raise funds for future drilling campaigns that would potentially lead to Contingent Resources (ie a statement of any actual commercial discovery) and subsequently, after further prospect wide drilling campaigns, eventually to book proven reserves.
    Last edited by CEOChair: 19/02/24
 
watchlist Created with Sketch. Add GHY (ASX) to my watchlist
(20min delay)
Last
$1.36
Change
0.025(1.87%)
Mkt cap ! $102.3M
Open High Low Value Volume
$1.36 $1.39 $1.36 $28.84K 21.14K

Buyers (Bids)

No. Vol. Price($)
1 3289 $1.36
 

Sellers (Offers)

Price($) Vol. No.
$1.39 14341 3
View Market Depth
Last trade - 10.20am 04/07/2024 (20 minute delay) ?
GHY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.