Australia's Gold Hydrogen jumps on getting approval for drilling at Ramsay project

Gold Hydrogen

28/09/2023 04:17

** Shares of Gold Hydrogen  GHY.AX  rise as much as 7.3% to
A$0.220
    ** Stock set for best day since Sept. 12, if gains hold
    ** Hydrogen explorer says it got approval from South
Australian government to start operations & construction in
Ramsay natural hydrogen project, South Australia
    ** Adds, got approval for operations at Ramsay 1 well site
drilling pad 
    ** Well pad construction to begin on Sept. 28 at Ramsay 1
site 
    ** Primary objective of Ramsay 1 well is to confirm presence
of hydrogen in subsurface geologic formations - GHY
    ** As of last close, stock down 60% since listing on Jan. 13

 (Reporting by Roshan Thomas in Bengaluru)
 ((Roshan.Thomas@thomsonreuters.com;))