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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 Dec 21, 2023 9:44am
90 Views
Post# 35795514

RE:RE:RE:RE:They did it

RE:RE:RE:RE:They did it
Margin321 wrote: True enough bridge, but they are at least a helium producer with some revenues. And they have enought money to test Val Marie and Ogema and they should do that quickly. Then they can make a plan for the next 12-18 months.  Andrew said they hope to have 2 more production facilities on line in that time and it will take a major change in pace and urgency.  Andrew said they are already talking to potential end users about off take agreements. Maybe they will contract with Arjae to build  two similar but less complicated and less expensive facilities. Or maybe they will switch to a different purification facility like  those used by NA Helium. But they really have to define and design  the next two projects quickly and get some serious project management going.

At the very least I hope they never again issue new shares to pay consultants or quarterly interest on their  loans. That has been embarrassing.
Excellent comments Margin321, we still have a long way to go.........but they finally have found the right road to be on that leads to where they need to go.


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