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. > $RHC up almost 14% & on the Financial Post

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Post by waves1on Jan 25, 2022 6:29pm

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Post# 34360312

$RHC up almost 14% & on the Financial Post

Recently heard about Royal Helium ($RHC.v $RHCCF) & they're looking good after doing some DD IMO - up almost 14% is quite notable while the markets are generally red atm

$RHC was recently featured on the Financial Post as the province has been seeing record activity in the exploration for helium as global demand rises, and $RHC is working to take advantage of Saskatchewan's helium incentives.
https://financialpost.com/commodities/energy/canadas-saskatchewan-province-gets-lift-from-record-helium-activity

Currently, Saskatchewan produces 1% of the world's helium and the provincial government is providing incentives to increase production to 10% by 2030.

Last May, $RHC made a significant discovery in finding one of the province's largest known helium discoveries that could support up to 50 wells. This would double the helium wells that are currently being drilled by all companies combined in Saskatchewan.

By the end of 2022, $RHC aims to start production from 10 wells. $RHC could be a solid long-term play - I'd definitely recommend following along.

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