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Royal Helium Ltd. V.RHC

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

Royal Helium Ltd. is a Canada-based company, with a primary focus on the production and development of helium and associated gases and is currently producing helium from its Steveville project in Southern Alberta. Its helium reservoir at Steveville is carried primarily with nitrogen. Nitrogen is not a greenhouse gas (GHG) and therefore have a low GHG footprint when compared to plants in other jurisdictions that rely on large scale natural gas production for helium extraction.


TSXV:RHC - Post by User

Post by StockHawk1on Oct 31, 2022 3:08pm
211 Views
Post# 35060949

Revenue timeline

Revenue timeline

IMO now is a good time to invest in Royal Helium Ltd. (RHC.v RHCCF) on the cheap as we now have a solid timeline of when it is going to start making revenue. 


RHC has secured contractors to build a Helium Recovery Plant at its Steveville Project, and site preparation work is already underway. 


The plant should start producing in March and right off the bat 40% of the helium that is produced will be sold to a single space launch company. 


With the helium shortages that are plaguing the medical community & beyond, it is safe to assume that RHC will not have trouble finding buyers for the rest of its helium. 


https://ca.finance.yahoo.com/news/royal-helium-awards-construction-contract-124400826.html

 
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