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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 Dec 14, 2022 12:20am
111 Views
Post# 35170103

RE:Steveville processing plant construction is fully funded

RE:Steveville processing plant construction is fully fundedI hope they do meet that  timeline and that the processing facility works as planned. The details you mention come from paidpromotionalmeassages.com and not from anyone doing an independent analysis of the project engineering or timelines. They should be doing site preparation now according to their previous comments. The fab shop should be pretty far along in their design work and actually should have all long-lead items in hand. We have been told it is a unique design. The company does have a good reputation in the local oil and gas industry.  I am hoping they do a spectacularr job building a helium plant and that it opens up a whole new line of work for them.

I have enough shares. I am following with great interest. The share price has been remarkably flat since the most recent financing/dilution.There has been a steady progressive decline in share price of 55% over the last year, not a usual indicator of optimism.
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