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Royal Helium Ltd. V.RHC

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

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 SkywalkerofLukeon Dec 15, 2022 3:27pm
192 Views
Post# 35174082

RHC Update

RHC Update

Looking like a solid entry point for RHC.v RHCCF at 23c with them set to start production next year and become REV GENERATING BY APRIL. 


Earlier this winter they awarded a construction contract for the Steveville 14-12 Helium Recovery Plant where operating throughput will be in the range of 10-15 million cubic feet/day producing a purity level of 99.999% helium.


This upcoming work compounded by the growing demand for helium is keeping me tuned into RHC. 


https://www.newswire.ca/news-releases/royal-helium-awards-construction-contract-for-steveville-helium-processing-plant-895550132.html

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