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Royal Helium Ltd. V.RHC.WT.B


Primary Symbol: V.RHC Alternate Symbol(s):  V.RHC.WT.A | RHCCF

Royal Helium Ltd. is a Canada-based company, with a primary focus on the production and development of helium and associated gases and is currently producing helium from its Steveville project in Southern Alberta. Its helium reservoir at Steveville is carried primarily with nitrogen. Nitrogen is not a greenhouse gas (GHG) and therefore have a low GHG footprint when compared to plants in other jurisdictions that rely on large scale natural gas production for helium extraction.


TSXV:RHC - Post by User

Comment by TheBridgeon Feb 05, 2024 11:59am
193 Views
Post# 35863181

RE:RE:RE:How does an interest free loan become a contribution

RE:RE:RE:How does an interest free loan become a contribution
Margin321 wrote: Hi Bridge. They really have to get the plant running at the rate of 1000 mcf of helium per month. 5-6 trucks. Without it the are going progressively deeper in debt no matter what else they do. The interest burden will keep ramping if the helium production does not.

Margin, I'm in full agreement with what you said. If they don't pick up their revenue stream they are going to go further in debt. Somewhere along that point they just might get picked off by one of the other Helium producers at next to nothing for the regular shareholders. Reminds me of the song by Jerry Lee Lewis..........She got the gold mine, I got the shaft.


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