Cormac w/ buy recommendation for RHC! Cormac w/ a buy recommendation for Royal Helium ($RHC.v $RHCCF) and a $1.85 price target! https://twitter.com/nawatatweet/status/1551582043984695297
“At the current share price we see investors as getting effectively 100% of the unconventional and conventional helium exploration upside (including the near-term Val Marie prospect) for free and see that near-term announcements related to offtake agreements and facility financing/construction will bring commerciality into focus, which should have the market comfortable pricing-in exploration upside. "
"No significant technical risks to the Nazare development" and a "number of avenues for value to be unlocked in the next year"
"Royal should be on the radars of larger entities with the means to accelerate resource development”
W/ the closing of the RHC & IHC acquisition, there's lots to come for RHC as they shift their focus to commercializing the Climax & Steveville helium fields (from Andrew Davidson in the recent news release: https://www.newswire.ca/news-releases/royal-helium-ltd-and-imperial-helium-corp-announce-closing-of-plan-of-arrangement-842719959.html )