Gold Hydrogen Ltd. Stock Analysis GHY.AX

Gold Hydrogen Ltd. engages in operates as a natural hydrogen exploration and development company. The company is headquartered in Brisbane, Queensland. The company went IPO on 2023-01-13. The firm is engaged in discovery and development of natural hydrogen and helium gases in a potentially extensive province in South Australia. The firm holds one granted Petroleum Exploration License (PEL) in South Australia (PEL 687) that covers approximately 75,000- square kilometers (km2) of permitted tenement on the Yorke Peninsula and Kangaroo Island in South Australia. The firm through its subsidiary hold an additional seven applications for Natural Hydrogen and Helium exploration within South Australia. The firm is also the applicant for four gas storage exploration licenses applications (GSELA) covering an area of approximately 8,000 km2 within the Yorke Peninsula portion of PEL 687 in South Australia.