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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 May 26, 2022 6:00pm
183 Views
Post# 34710542

I'm long on $RHC

I'm long on $RHC
Getting caught up on the recent Royal Helium ($RHC.v $RHCCF) news and came across this great interview with Davidson from Strategic Investment Insights:
https://www.youtube.com/watch?v=pjsCiu-j4MM&ab_channel=StrategicInvestmentInsightsChicago
 
Davidson gives an insightful overview of the helium industry and why helium is considered a critical mineral as well as provides an update on $RHC. $RHC is working on the last two steps before they're cash flow positive and are expecting initial production to begin around Q4 of 2022 or Q1 2023. Notably, helium is at about US$500 per mcf of helium which makes all of $RHC's wells heavily economic with a payback period of 3-6 months once production starts.
 


Would recommend checking it out if you haven't already as I couldn't find it on this board (but I apologize if it's been posted before and I just missed it) 
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