Pure Hydrogen (ASX:PH2) share price is falls 5% despite positive update

Pure Hydrogen (ASX:PH2) share price is falls 5% despite positive update
Aaron Teboneras
© Provided by The Motley Fool
A woman with big hair reacts in shock, indicating a massive share prise fall
The 
Pure Hydrogen Corporation CDI (ASX: PH2) share price is sliding during early-afternoon trade. This comes despite the company announcing an update on the Serowe Project in Botswana.
At the time of writing, the oil and gas exploration company’s shares are fetching for 24 cents, down 5.88%.
What did Pure Hydrogen announce?
Investors are dragging Pure Hydrogen shares down today regardless of the company’s latest progress report.
According to its release, Pure Hydrogen advised that its joint venture partner, BotsGas will commence spudding this week. The drilling campaign in Project Serowe aims to confirm geological modelling of the area to extract coal bed methane (CBM).

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