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Royal Helium Ltd V.RHC

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

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

Comment by TheBridgeon Nov 28, 2023 11:39am
231 Views
Post# 35756385

RE:RE:RE:Swear to god

RE:RE:RE:Swear to god
Margin321 wrote: Thanks, at least there is potential to cover that with Steveville production. No other way to cover that. They have some cash that can test 4 wells and then they can see how economic Val Marie, Omega, and a Steveville well #3 might be. I do not know if they can put the output of one more well into the Steveville plant or if it is maxxed out witht he current two wells at 15 mmcf/day.  Ready access to capital is important, but even if they had access to unlimited capital it has to  be converted to growth in revenues. And eventually profits.

Milley thinks that people are likely getting tired of hearing her comments on this board so this will be the last of her comments for some time. After reading both the Shaawn359 and Margin321 posts this morning Milley said that she is now pretty confident that we'll get a chance to add some more shares prior to spring, somewhere below the 20 cent mark. To make hay you have to give the grass a chance to grow higher than the mower blades and we're hoping for a bumper cut sometime down the long road.


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