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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 Jun 07, 2022 2:18pm
98 Views
Post# 34737779

RE:RE:RE:Webinar with CEO

RE:RE:RE:Webinar with CEOThe lead times can not be established until the equipment is ordered.  Could you find any indication of when this is to occur and what the current lead time is once this order has been placed?  There is much talk about taking advantage of current pricing and shortages of the product but there seems to be no sense of urgency to take advantage of the current market pricing.  I have seen much skepticism from others (myself included) questioning the motives of leadership and their ability to execute any project in a timely and efficient manner.  A number of individuals have questionable track records of past successes, however there are also one or two names involved that have good reputations for delivering – Styles being among the names that has a robust technical background which gives me some limited hope.  
I’m curious to what others think regarding when the next cash raise will be and how dilutive it will be?  It needs to happen sooner than later if RHC has any hope of producing anything meaningful prior to the end of Q1 23.
Disclosure – I previously held this 3 times and may jump back in once there is some certainty and confidence on the path forward to production and profitability. 

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