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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

Post by waves1on Apr 26, 2022 6:11pm
220 Views
Post# 34633926

$RHC to break even on cash flow within the next 17 months

$RHC to break even on cash flow within the next 17 months
Really interesting perspective and analysis on Royal Helium ($RHC.v $RHCCF) that I'd recommend giving a read if you haven't already: 
https://ca.finance.yahoo.com/news/were-not-very-worried-royal-134036889.html
 
Given cashburn is necessary for a company to fund its growth and should be continually reduced, $RHC's current cash-burn rate relative to its market cap isn't too serious of an issue as $RHC wouldn't have much trouble raising more cash for growth. Plus, it should be reassuring that $RHC is expected to break even on cash flow within the next year or so.  
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