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Royal Helium Ltd. V.RHC

Alternate Symbol(s):  V.RHC.W.A | V.RHC.W.B | RHCCF

Royal Helium Ltd. is a Canada-based company, which is focused on the exploration, production, and infrastructure with a primary focus on the development and production of helium and associated gases. The Company controls over 1,000,000 acres of prospective helium permits and leases across southern Saskatchewan and southeastern Alberta. Its helium reservoirs are carried primarily with nitrogen. Its helium lease/permit land is comprised of 10 main blocks spanning southwestern to southeastern Saskatchewan. Its exploration drilling at the Climax block in the southwest resulted in the discovery of the Climax Nazare zone. Its drilling in the southeastern side of the province has been initiated on the Ogema block. The Company’s properties are all in close vicinity to highways, roads, cities and oil & gas infrastructure. Its subsidiaries include Royal Helium Exploration Limited (RHEL) and Imperial Helium Corp (IHC).


TSXV:RHC - Post by User

Comment by CAL867on Jan 13, 2022 2:23pm
180 Views
Post# 34313860

RE:RE:RE:RE:RE:communications

RE:RE:RE:RE:RE:communications

I don't think that we disagree. Dean's twitter comments have not been helpful at resolving investor anxiety with regards to late news releases. I would much rather see him adopt a 'customer is always right' attitude and work towards reducing investor anxiety. It's also worth noting that ultimately the the responsability rests with Andrew Davidson as CEO, so I think it might be better for the $RHC community to direct questions to him.

With regards to the delays, I am personally optimistic that the job will get done in the short term. In re-reading the NR from 2021-11-16, Andrew Davidson said, "Royal’s technical team together with geotechnical consultants Dr. Chris Hawkes, and AGAT Laboratories, and completions consultants Edge Engineering, and Element Technical Services, have a high degree of confidence in the completions program for the Nazare zone."

Keep in mind that this is $RHC's first completions program and they will probably have some lessons learned along the way. With regards to there understanding of the business, they have contracted specialists to conduct the completions program. In my previous post I speculated that the holidays (in addtion to the -40C weather) probably caused additional delays. Given that the completions program is being conducted by external service providers I think that delays were inevitable. 

The last point I'll make is that $RHC's communications stratagy needs to be improved but the fundamentals have not changed. Personally, I would like to see $RHC get a dedicated Communications person to run social media and to overhaul their website (many links like  there fact sheet, media coverage and analyst coverage are not being updated). 

As always, do your own due diligence. This post should not be 
interpreted as financial advice. 

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