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Royal Helium Ltd V.RHC

Alternate Symbol(s):  V.RHC.W.A | 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

Post by partystockeron Oct 26, 2022 3:01pm
183 Views
Post# 35050939

All the boxes are ticked, now just waiting for production.

All the boxes are ticked, now just waiting for production.

There is but one milestone on the horizon for Royal Helium (TSXV: RHC) that everyone is waiting for, and that is helium production. 


The company has already secured offtake, secured millions in guaranteed tax credits, engaged contractors, and most importantly they have proven the presence of massive amounts of helium on their projects. 


From the latest updates, Royal plans to have its first project online and producing helium by Q3 2023. Although this seems like a century away for investors who have been following the company, the potential catalytic effect will be worth the wait. 


RHC.v is currently trading at $.225, valued at $53.45 million. 


 https://twitter.com/HeliumLtd/status/1580125079932792832

 
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