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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 Ebenizer3on Jan 21, 2022 11:40am
171 Views
Post# 34342774

RE:helium

RE:heliumyeah there's this narrative that He is in short supply, lots of folks exploring for it but no one producing it. I think crude he around $269, if u a startup that price is a good starting point, if only to get some cash flow going. There's nothing wrong with doing a contract with a company like linde, air products to get the cash coming in and expand from there. u have a company like blue star helium who has a plan to use the simplest production equipment and sale crude helium. now blue star doesn't have the greatest share structure and for me I have to call and talk to a broker to trade it. So yeah if it's that hard to trade I will take a pass on blue star. As for rhc my hope is that NAH buys them out, a lot of synergy there. Dme I just shake my head when I see them drill a well @8% over a year and a half ago and still not producing, I don't like the plan or management and sold and made good money. I do think dme is in a really good location, hope they figure it out soon. I think Total helium will be first to sale helium and has best management, and yeah there plan is to produce from natural gas which is how most helium is produced, and right now is a great time to start that model. right now I only own rhc and hoping for a buyout or merger. If total helium gets to around $1us I would pick them. Good day
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