Thor Energy releases presentation on natural hydrogen, helium exploration in South Australia
Reuters2026/08/18 02:52- Thor Energy outlined a strategic shift toward natural hydrogen, helium, gas storage, and in-situ critical minerals in South Australia.
- Priority natural hydrogen license HY-Range (RSEL 802) positioned as the lead exploration asset, targeting seismic acquisition in Q4 2026.
- Cash position of AU$2.6 million, including an expected AU$1.3 million payment in September.
- Fully diluted market capitalization of AU$9.3 million, based on 1,268 million shares, 81 million performance shares, 156 million options.
- Top 10 shareholders hold 49.4% of equity, rising to 64.7% for the top 20.
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