Royal Helium Ltd V.RHC

Latest advisory board addition helps drive production

[XeniaTechie]

Royal Helium welcomes Brent Ziegler as Helium Technical Lead to their Advisory Board. With extensive experience in helium operations and storage, he brings valuable expertise to drive Royal Helium's expansion into production and sales. Recent achievements, including a 3-year offtake agreement and discovery of a significant helium resource, position Royal Helium for success.  https://royalheliumltd.com/news/royal-helium-appoints-brent-ziegler-as-helium-technical-lead/

[Margin321]

I would love to ask Brent how he is going to drive production personally, when the unique innovative cryogenic plant (years in the making)  is all designed and is being fabricated, though behind schedule, and still has to be tested and successfully put into operation. I am hoping he is looking at the plant and giving some insight from his years at Air Products. But in a real sense it is what

[Bruce1]

I would love to ask Brent (1) how much he thinks the stock will drop once they announce the considerable schedule slip and (2) will RHC have to further dilute the stock when the startup/early operations funds have been spent on construction. I'm a believer in this stock long term but I fully expect a few bumps in the road over the next couple months. Hopefully they will announce the close on

[Margin321]

Off take agreements don't matter until there is something to take off.  The banks undoubtedly have some covenants. They are drawing down that loan. No way can they borrow money to carry the cost of the loan. And they likely cannot dilute the value of the company as that backstops the loan. No way to go but produce and sell helium. It could get very dire if they cannot do that fairly soon

[TheBridge]

Bruce1, maybe also ask SkyWalkerof Luke for his insight.