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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 thepharcydeon Jun 07, 2022 2:49pm
122 Views
Post# 34737891

RE:RE:RE:RE:Webinar with CEO

RE:RE:RE:RE:Webinar with CEOAndrew has stated with no uncertainty that an offtake will be signed by the Imperial vote. He has also said they are looking at non dilutive financing options on equipment (financing, royalties) and they expect nearly $2million in government grants back in the near future. As for the lead times on the equipment, seems they will order once they know the Imperial vote is approved as they get a bit of a discount for ordering two units at once. With the supply chain as it is I take any estimates with a grain of salt but the 6-9mths stated includes getting engineering reports which are done for both locations. An offtake (maybe two once Imperial is final) is what I am looking for and we'll see if his words hold true. I believe he has bought shares not long ago which is a positive.
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