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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

Comment by Margin321on Nov 01, 2022 12:01am
195 Views
Post# 35061970

RE:RE:RE:RE:RE:RHC up + thoughts on Lithium @ Climax

RE:RE:RE:RE:RE:RHC up + thoughts on Lithium @ ClimaxE3 Lithium has $14 million in total cash. They do not have the resources to develop a lithium brine operation.

Meanwhile, did RHC price go up 20% today. Isn't that good? 

I have been researching the company building the cryogenic  helium plant for Steveville. Started in 2017. Less than 50 employees. Has built natural gas processing facilities. They to my knowledge have not built helium purification facility and unclear if they have cryogenic experience, hopefully so. This may be a very good opportunity for them if they can build a great compact system that will provide 99.5% helium. Because helium in Saskatchewan is distributed widely and most individual deposits are pretty small (with exception of Nazare which might be very huge). And Saskatchewan wants to produce 10% of world helium supply by 2030. 
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