RE:RE:Recent News
I like RHC. The pluses include primary helium, Nazare find which is unlike other Saskatchewan helium sources, and the supportive province. (I won't mention the negatives but there are just a few worries). And I am invested here.
But I have a couple of other choices just to give balance. I do not think it is bad to have a couple of horses in the race. All of them could do well. But it would have to be unlucky for none of them to succeed. Both RHC and Helium One have the explicit goal of supplying 10% of the world's helium within 10 years.
1. Helium One in Tanzania. HUGE potential resource but pre-discovery and they do not have a lot of money. Also it has been hard for them to line up rig to do the 2022 drilling campaign and hopefully get a discovery. If not they don't currently have the resources for another go at it. I own Helium One sheres. The government of Tanzania is supportive, another positive.
2. I remain intrigued by DME but I don't like the management and there have been more hurdles in permits etc in US. That said there are a couple positives. They are closer to production than RHC, they have better access to capital markets, there are big elctronics plants right near them. I did own DME, I sold at a profit, I have considered buying back in at several points, including now.