Royal Helium Ltd. V.RHC

first >1% helium and then a JV?

[LaurinDE]

depending how much helium they find, they may want to look for a joint venture partner to develope the full potential of their lease... I doubt they will try this on their own. I wonder whether compqnies like Linde or AirLiquide may be interested to provide the money needed for development.
I guess we will hear soon what they found and then hopefully we will trade (well-)above CAD 1.
L

[GoldenArm]

This is all cart before the horse but... Rolfhing of DME said that partnering up with other just leads to literally giving it away with 10 to 15% margin. He knows because they looked at that scenario. Big question is how close is the nearest end user(s). If not far, 150KM to 300Km then you just call them and tell them to pick it up. That is what DME is going to do because 3 of the biggest end

[northofseven]

I agree. With a float under 100 million easy to raise funds with a good PP. Be nice if we are over a buck. Don't know the price on finishing up and production and seperation and compressing/ bottleing. But i would think is easily done. Need just over 2% to start to shine. 3% might make some people drool. Sorry for spelling mistakes etc. I like this stock. It's trades with little volitility