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.

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Royal Helium Ltd. > RHC Appoints John Styles and Provides Climax Project Update

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Comment by Margin321on Jan 28, 2022 10:33am

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Post# 34371032

RE:RE:RE:RHC Appoints John Styles and Provides Climax Project Update

Agree no added value yet. no major value destruction either.

They were trying to figure out if they can produce the nazarre at Climax. And how to do that.

They are still trying to figure out if they can produce the nazarre and climax. And how to do that.

The retention (and new position) of the guy trying to do that is probably good, better than firing him.

They confirmed they have fracked some portion and are testing that. The fact that they need an artificial lift to get the frack fluid back is not great. Not horrible but not optimal either.

Added a little yesterday and today to get to a round number. (20k). Will just sit here.

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