RHC to host webinar this Thursday. Royal Helium’s (TSXV: RHC) CEO, Andrew Davidson, will be presenting a virtual investor Q&A this Thursday.
The company recently announced the results of an independent resource assessment for the Steveville and Nazare helium properties.
Shayne Neigum, Chief Operating Officer, Royal commented, "The best estimate of risked contingent resources – development pending for Steveville has a risked net present value at 10% (before income taxes) of $22,192,000 for the 145 million cubic feet of company interest risked contingent marketable helium resources, which equates to an in-the-ground value of $153 per thousand cubic feet, after accounting for future capital expenditures, including the construction of a Helium Processing Plant and all pipelines, as well as future royalties, operating and maintenance expenses.”
We can expect to hear updates on the production timeline, as well as potential updates on the company’s recent supply agreement with an undisclosed North American space exploration company.
RHC.v is currently trading at $.33, valued at $68.26 million.
https://us02web.zoom.us/webinar/register/3916640461227/WN_YbFkNXhnTwupkRHjJTd0Qw