Gold Hydrogen's Green Methanol, Quebec Backs QIMC, and MAX Raises Again! | The Investor Angle

And I think

we have to start by

going to Australia.

Is it Gold Hydrogen, I believe, Morten?

You're right.

And they are exactly touching on an important point that I thought of when I was visiting their drill sites some time ago, that an obvious thing to do in the York Peninsula where they're working would be to eventually use your hydrogen for methanol.

And this is exactly what they have now signed an MOU with their investor, Mitsubishi chemical gas to look at the possibility to turn that natural hydrogen that they eventually, we hope, will be producing, turn it into methanol.

Methanol is a big thing for Mitsubishi chemical gas and and they are looking to use the carbon in the straws of the massive wheat fields in the York Peninsula.

And when you're in the York Peninsula, you see this.

There is a lot of what you would call biogenic carbon, and you need this seed to produce the methanol.

So it's really, really interesting.

And I think from an investment point of view, It is so encouraging to see, both as an investor in the industry, and if you were an investor into gold hydrogen specifically, that a company as big as Mitsubishi Chemical Gas wants to do this.

You could say that, well, it's an MOU, but getting big companies like this to sign even an MOU, that is really, really difficult.

They're not doing this unless they really think it's worth the trouble, because they're very protective about their perception of what kind of projects they get into.

And it is quite great to see that they are taking this into account because I think a lot of the natural hydrogen conversation has been about the future energy source.

I think we also need to look at chemical feedstock.

I've already expressed my opinion before that I think chemical feedstock might be one of the biggest uses for the natural hydrogen that we extract.

And that Mitsubishi Gas Chemical being a strategic investor because they didn't just put money into the company, but they also seem to have a lot of expertise.

We're talking about the dissolved gas extraction, about the methanol, green methanol.

So it does seem like Gold Hydrogens has very good investors that are Very knowledgeable in what they are doing.

Exactly.

I think we talked about this when they announced the investment a long time ago that looks like they got some clever money here.

And when you're mentioning the potential of hydrogen dissolved in water, I think we discussed that last time.

They have some good technologies they use in Japan to be able to handle this.

But as we speak right now, I understand that Gold Hydrogen is flow testing their wells.