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Hexagon Energy Materials Ltd. ( (AU:NH3) ) just unveiled an update.
NH3 Clean Energy Materials Ltd., operating under the ASX ticker NH3, is focused on advancing its WAH 2 Project, which is contingent on securing long-term gas supply and significant funding. The company has not yet secured a gas supply agreement or the necessary funding, which poses risks to the project’s progression. The recent pre-FEED results suggest a potential doubling of the project’s value, but without securing these critical components, the project may face delays or may not proceed.
More about Hexagon Energy Materials Ltd.
Average Trading Volume: 6,405
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €5.66M
Learn more about NH3 stock on TipRanks’ Stock Analysis page.
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