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Bullboard - Stock Discussion Forum 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... see more

TSXV:RHC - Post Discussion

Royal Helium Ltd > Swear to god
View:
Post by Margin321 on Nov 25, 2023 8:39pm

Swear to god

One truck load of this stuff ( a measely $180,000, about  one months operating expense) would get shares to 25 cents heading to 30.  That would be first revenue!  It has never been optional as to whether or not the plant would work as designed. It simply has to.  This step so painfully slow.

Comment by Shaawn359 on Nov 28, 2023 12:04am
Sorry to burst your bubble... but RHC overhead is $800,000 to $1million/month Check the sedar. Q3 should be out Nov 28 or 29
Comment by Margin321 on Nov 28, 2023 8:42am
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 ...more  
Comment by TheBridge on Nov 28, 2023 11:39am
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 ...more