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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 yopmemama021on Nov 28, 2022 4:56pm
332 Views
Post# 35135013

RHC

RHC

RHC.v did an interviewed with BNN BLOOMBERG on Friday announcing they expect to be in production and generating rev in APRIL 2023!

 

Great exposure for helium as well especially considering there isn’t a spot price and pending demand spike.

 

here are the highlights: 

 

  • North American market chronically underserved in helium , RHC is on its way to becoming a leading supplier 
  • drilling fresh wells 
  • building the first processing plant to service the first 2 wells - those will be in production by April 
  • revenue roll in April 2023  
  • Recent project financing ($20M) means RHC is now fully funded for their revenue generating projects all ready to go 

 

 https://www.bnnbloomberg.ca/commodities/video/commodities-for-friday-november-25-2022~2566069#/.Y4EJNFX8jB4.twitter

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