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).

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Royal Helium Ltd > That is called a MILESTONE

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Post by Margin321on Apr 16, 2024 9:53am

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Post# 35991314

That is called a MILESTONE

Should (in normal times) result in a re-rating of the shares.

I can't quite believe that Sparrow Hawk did this deal without testing of the Val Marie well, but maybe that has been doen and the results just not released. That testing is in the 2024 plan of work, and was also in the 2023 plan of work.

This is on the face of it a wonderful deal, takes a great asset and provides capital to develop it.

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