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Gold Hydrogen Limited (ASX:GHY)

ALERT: Price-sensitive ASX Announcement for GHY
Current share price for GHY : $0.530 0.115 (27.71%)+
Announcement
Release
29 Jan 2026 12:09PM
Price at Release
$0.415
Full Release
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Summary
Gold Hydrogen Limited, an Australian exploration company, issued its Quarterly Activities and Appendix 5B Cash Flow Report for the period ending 31 December 2025. The company highlighted successful drilling and completion of the Ramsay 3 and Ramsay 4 wells, confirming elevated levels of natural hydrogen and helium, which underscore the potential for commercial production. The financial report shows a cash balance of A$16.7 million at the end of the quarter. Significant cash flows include A$13.8 million from equity securities, with operating activities resulting in a net cash outflow of A$7.2 million, mainly due to exploration and evaluation payments. The company plans to continue its appraisal of the Ramsay Project, aiming to establish its commercial viability.
Key Points
  • Successful drilling of Ramsay 3 and Ramsay 4 wells.
  • Elevated hydrogen and helium levels confirmed.
  • A$16.7 million cash balance at quarter-end.
  • A$13.8 million raised from equity securities.
  • Net cash outflow of A$7.2 million from operating activities.
  • Continued appraisal of Ramsay Project planned.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.