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Gold Hydrogen (GHY) investor relations material
Gold Hydrogen Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
- Secured a $14.5 million strategic investment from Toyota, Mitsubishi Gas Chemical, and ENEOS Xplora at a 22% premium to market price, supporting further drilling and commercialisation of the Ramsay Project. 
- Expanded management and technical teams, including the appointment of a Chief Commercial Officer and additional geologists and operations managers. 
- Focused on advancing Natural Hydrogen and Helium exploration in South Australia, with a significant permit area exceeding 75,000 km². 
Financial highlights
- Exploration expenditures for the quarter totaled $1,779,224, primarily for the Ramsay Project. 
- Payments to directors for the quarter were $201,929. 
- Cash and cash equivalents at quarter-end were $23.9 million, up from $12.4 million in the previous quarter, mainly due to the strategic investment. 
- Net cash used in operating activities was $2.26 million for the quarter. 
- Estimated quarters of funding available is 10.57, indicating strong liquidity. 
Outlook and guidance
- Drilling at Ramsay 3 is scheduled for early November 2025, with plans for two or three wells to appraise target zones. 
- Well testing for Ramsay 3, and potentially Ramsay 4 and 5, is planned for Q1 2026 to inform pilot project viability. 
- Feasibility assessment for green methanol production is underway, leveraging local biomass and renewable energy. 
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