RE: Fantastic share price action19 Sep 2024 15:40
“The discovery of significant hydrogen shows within the Cambrian formation will require further investigation before the potential economic impact can be assessed.
Geological hydrogen, also known as natural hydrogen, is a form of hydrogen that is produced through natural geochemical processes within the Earth's crust. Unlike hydrogen produced industrially, which involves energy-intensive methods and significant carbon emissions, geological hydrogen is believed to be generated when formation water reacts with mafic minerals and/or via radiolysis in continental crust. This naturally occurring hydrogen has the potential to be a clean energy source, offering a promising alternative to fossil fuels.
The identification of helium or hydrogen gas-show indicates gas released from the rock formation during drilling and into the mud system. The presence of a helium or hydrogen gas-show is a positive indicator for further investigation”