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The latest announcement is out from Gold Hydrogen Ltd. ( (AU:GHY) ).
Gold Hydrogen Limited has received a $6.45 million R&D tax refund, bolstering its cash reserves and supporting its 2025 work program. The company has strengthened its technical team with the appointment of Peter Bubendorfer as Chief Geologist, leveraging his extensive experience in the oil and gas industry. The company’s 2025 work program focuses on the Ramsay Natural Hydrogen and Helium accumulation, with plans for drilling and data acquisition. The company aims to demonstrate commercial production potential and has also planned a 3D seismic survey to optimize future exploration efforts.
More about Gold Hydrogen Ltd.
Gold Hydrogen Limited is focused on the discovery and development of Natural Hydrogen and Helium gases, operating in a potentially extensive province in South Australia. The company holds exploration licenses and applications across a combined permit area exceeding 75,000 km², with significant potential confirmed through its maiden drilling campaign. It aims to capitalize on domestic and global demand for these gases using advanced exploration techniques and a skilled team.
YTD Price Performance: -12.80%
Average Trading Volume: 139,228
Technical Sentiment Consensus Rating: Buy
For a thorough assessment of GHY stock, go to TipRanks’ Stock Analysis page.
