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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 RetailInvestor9on Jan 28, 2022 12:36pm
174 Views
Post# 34371938

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

RE:RE:RE:RHC Appoints John Styles and Provides Climax Project UpdateBridge, here are a few points to consider: How is this update any different from what we have been hearing since Sep with the exception of them describing a particular step within the fracking process this time. While I have not been on a rig myself, I have family and friends doing this for a living and based on their experience and opinion these processes should not take so long. If they do then there must other reasons for it. No mention of offtake agreements - suspect they cant do anything till such time the results are confirmed. However they were talking about them back in Sep. No real explanation on reasons for delay except for inclement weather, frankly that's not a good enough excuse and should partially have been accounted for in their planning owing the region. Eg if they lost 2-3 weeks due to bad weather then they have already accounted for it now in Jan, which leads me to believe that they are not forthcoming with their reasons. These are just a few and I can go with others but I think you the drift...dyodd..glta
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