Gold Hydrogen ("GHY") has received independent validation from global engineering firm Worley of a commercial helium development at Ramsay. The assumption is for a sustainable helium flow rate of 29mcf/d per well (aided by world leading helium purities), which is ~20% above our current assumption of ~24mcf/d. This would produce >10mmcf/y of helium per well, generating >US$5mm of annual revenue (at our US$500/mcf helium assumption) and on this basis it could be commercial with as few as 2 wells. ....
