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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 frostbackon May 30, 2022 3:44pm
98 Views
Post# 34717940

RE:$RHC to provide update on development & IHC deal June 1

RE:$RHC to provide update on development & IHC deal June 1What will be interesting is the expected timelines to positive cash flow and how they plan to achieve it.  Schedule, long lead items, construction, commissioning are all items that need to be hammered out and communicated – oh if almost forgot……capital, it takes cash to get this self enrichment pig to the finish line.  Im hoping it can be done but the finish line looks to be much farther in the future then what the BoD would have us believe.  There is no shortage of retail investors – many of whom I expect are from small town Sask – that are counting on the likes of Andrew, Dean, Tom to deliver on promises made.  This has been an absolute dumpster fire the past two years with very little to no progress, excuses from Dean on how hard it is to drill wells this deep?  Cnada has cold weather in winter?  Its almost laughable except I think of the folks that got fleeced when the share price was much higher than it is now.  

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