Royal Helium Ltd. V.RHC

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

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.

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Royal Helium Ltd. > Production testing has started... >1 CAD soon...(?)

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Comment by SlackerSlaveon Mar 03, 2021 11:25am

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Post# 32704899

RE:RE:Production testing has started... >1 CAD soon...(?)

They are definitely being quite tight lipped about it. Obviously a speculative play here so hoping is part of the game. Here's to hoping being patient will pay off. LOL

TiredofWating wrote: Well, gas flow testing is underway and the company said they will release results as they are received. It looks liket the market was expecting to see some results (admitedly, so was I).

Overall the NR is a good progress update:
1) gas flow testing underway at Climax 1 and 2
2) Climax 3 drilled.

The NR indicates that progress is being made and that we will see results in the coming weeks. So, while the market was looking to see results today, we'll just have to wait it out.