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

Royal Helium Ltd.

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Post by mdjbrownon Jan 07, 2021 9:56am

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Post# 32241137

Promising comments re: RHC from Coremark analysts

"While an investment in Royal has a speculative character today, precedent on the Saskatchewan fairway would suggest a reasonably high probability of achieving first cash flow sometime this year. Given a shift in resources within the research group, we are formally transferring coverage on Royal with this update while maintaining our previously published Buy (S) recommendation. We have made some adjustments to risking methodology and have increased our risked NPV-based target price to $0.95 from $0.80 previously." $RHC new analyst Brent Watson (403) 750 7201 bwatson@cormark.com

"There is precedent for well rates of 4.0 MMcf/d+ and yields above 1.0% on helium wells in Saskatchewan, in which case our NPV model looks like $2.30 - $3.00 per share" "With a very large land base in a drilling-friendly jurisdiction, Royal represents an excellent way to play compelling macro tailwinds in helium with the company being just a month away from a major de-risking event and first cash flow coming into view"

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From now on, dynaCERT instead of Bitcoin or NVIDIA?