Royal Helium Ltd V.RHC

chatter about hydrogen and lithium

[Margin321]

Lots of chatter on instagram and FB page about Nazare having hydrogen gas but also commercial amounts of lithium. I have not seen any of that in official releases. Not even the composition of gases at Nazare. Maybe I missed it. But would not some of this be material (possibly) information. Is that the right way to start talking about high concentrations of hydrogen and commercial amounts of lithium, not to mention spin off companies to exploit it.

[chuck21]

This really shouldn't surprise you.

[Ebenizer3]

what's next crypto mining??? another rabbit trail, never seen so much supposed exploration and absolutely no SP appreciation. For a commodity that is supposedly in high demand, not one of these public companies is interested in producing anytime soon. Seems people are more interested in government hand outs than proving there case. The equipment to produce helium isn't rocket science. The

[Margin321]

It is not hard. 1. Place order for purifiers. That established a credible timeline to production and revenues. 2. Sign and announce  off take agreements. That gives credibility to economics of early production. Of course to place an order for the purifiers they have to have the details of the financing in place. Where is the capital coming from. This is not easy. They want to have 40-60

[Margin321]

I was reading about the lithium brine projects in Salton Sea area being developed by Berkshire Hathaway at their geothermal power plants and a similar project by GM right there in Imperial Valley. It is very promising but the capital to get to production is about a billion dollars. And that does not include plant to produce chemical grade lithium.  I think RHC should focus on ordering a