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Bullboard - Stock Discussion Forum Royal Helium Ltd. V.RHC

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

TSXV:RHC - Post Discussion

Royal Helium Ltd. > Ready for Takeoff
View:
Post by Money_514 on Aug 21, 2023 8:39am

Ready for Takeoff

EOM
Comment by Margin321 on Aug 21, 2023 2:39pm
1. 22,000 MCF of helium at $500 an MCF is 11 million a year.   2. 22,000,000 pounds of CO2 is 11,000 tons at $100 a ton is 1.1 million a year.    So revenues will be about 12 million a year which is good but will not find robust growth. They need to test Val Marie and Ogema. They need to drill one or more wells at new Alberta site. The need to drill a long horizontal in ...more  
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