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Royal Helium Ltd. V.RHC

Alternate Symbol(s):  RHCCF | V.RHC.WT.A | V.RHC.WT.B

Royal Helium Ltd. is a Canada-based company, with a primary focus on the production and development of helium and associated gases and is currently producing helium from its Steveville project in Southern Alberta. Its helium reservoir at Steveville is carried primarily with nitrogen. Nitrogen is not a greenhouse gas (GHG) and therefore have a low GHG footprint when compared to plants in other jurisdictions that rely on large scale natural gas production for helium extraction.


TSXV:RHC - Post by User

Comment by mdjbrownon Dec 24, 2020 12:09pm
174 Views
Post# 32178010

RE:RE:RE:RE:RE:Looks like full steam ahead - $6 million in the coffers

RE:RE:RE:RE:RE:Looks like full steam ahead - $6 million in the coffersMy guess Rc0 is if those holding cheap .07 warrants didnt sell when this one ran to .58 cents a few months back, so they are likely holding out for a much bigger payday.

RHC is cashed up and the announcement of the anticipated 3 to 5 hole drilling campaign start date should bump the shareprice as will the announcement of the well #1 spud.

From there it is going to get interesting as RHC has already suggested drilling to 2500 m td should take approx 14 days.  

The American Weil Group had some major drilling success close by in Mankota, so exciting times ahead. The process has already been proven in Saskatchewan, Helium prices are climbing due to shortages,  so lets hope RHC hits high percentages of He in the first hole.

 https://www.leamericas.com/en/about_linde_engineering/success-stories/hybrid-process-to-recover-helium.html
 



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