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Gold Hydrogen Limited (ASX:GHY)

ALERT: Price-sensitive ASX Announcement for GHY
Current share price for GHY : $0.400 -0.005 (-1.23%)+
Announcement
Release
2 Jul 2026 3:33PM
Price at Release
$0.405
Full Release
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Summary
Gold Hydrogen Limited's quarterly activities report highlights significant exploration expenditures amounting to $1,970,958, with no substantive production activities undertaken in the quarter. The Ramsay flow test campaign is a key focus, designed to assess the flow potential of Natural Hydrogen and Helium, supported by key regulatory approvals. Potential commercialisation pathways for these gases are being evaluated, including a notable collaboration with Mitsubishi Gas Chemical Company to study green methanol production. Financially, the company reported cash and cash equivalents of $10,963,000 at quarter's end, with $253,064 paid to directors.
Key Points
  • Exploration expenditures totaled $1,970,958 for the quarter.
  • No substantive production and development activities were undertaken.
  • Key regulatory approvals for the Ramsay Project were received.
  • Ramsay flow test campaign aims to assess Natural Hydrogen and Helium flow potential.
  • The company is evaluating potential commercialisation pathways for its gases.
  • A Memorandum of Understanding was executed with Mitsubishi Gas Chemical Company for green methanol production.
  • Cash and cash equivalents at the end of the quarter were $10,963,000.
  • Payments to directors totaled $253,064 for the quarter.
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.