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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 pengi444444on Nov 04, 2021 12:51pm
121 Views
Post# 34087432

RE:RE:RE:RE:price

RE:RE:RE:RE:priceNot really sure why you think this? They are literally taking their time on the well completions so they get it right the first time and don't "blow their wad"! I would rather them take their time and give us proper and true results rather than do what DME did and what HECO seems to be heading towards. They have enough money to complete the two wells at climax and drill the two other wells (maybe a few more). The wells are said to pay off in roughly 6 months so with those economics I think they would more likely go get a small loan if they needed more money before then. I think they would do this instead of another PP knowning the wells pay off so quickly. Their Board and VP's are big share holders too and I don't think they would want to dilute this anymore. They aren't stupid and want to make money just as much as the next person does.
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