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Hexagon Energy Materials Ltd. ( (AU:NH3) ) just unveiled an update.
NH3 Clean Energy Materials Ltd. is focused on the hydrogen industry, particularly in the development of clean energy projects. The company is currently working on the WAH 2 Project, which is contingent on securing long-term gas supply and significant funding. The recent investor update highlights challenges in securing gas supply agreements and funding, which could impact the project’s progression. Without these, the project may be downgraded, deferred, or canceled, affecting the company’s future operations and stakeholder interests.
More about Hexagon Energy Materials Ltd.
Average Trading Volume: 1,115,104
Technical Sentiment Signal: Buy
Current Market Cap: A$52.33M
See more data about NH3 stock on TipRanks’ Stock Analysis page.