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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 frostbackon Aug 23, 2022 1:33pm
149 Views
Post# 34914749

RE:RE:Thoughts?

RE:RE:Thoughts?There defiantly seems to be no sense of urgency when it comes to producing commercial and sellable quantities of the gas.  Once upon a time RHC had committed to growing organically and funding growth with sales revenue which would be rare for a Jr. start up as it would likely take a huge amount of time to gain any meaningful forward momentum to achieve that goal.  I have always maintained that capital raise(s) would be required to move this forward but have some concerns that the current investment climate is not as favorable as it was 12 months ago and any new funding will be hard to secure and most certainly will not be of terms favorable to RHC.  The question now becomes how to move forward in a way that benefits RHC (not the BoD), gives forward momentum to the SP and rewards the retail investor who I believe for the most part has provided the tail winds keeping the SP where it is and not back down to 0.10.
 
 

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