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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 Margin321on Aug 07, 2022 11:35am
182 Views
Post# 34877124

RE:RE:chatter about hydrogen and lithium

RE:RE:chatter about hydrogen and lithium
It is not hard.

1. Place order for purifiers. That established a credible timeline to production and revenues.

2. Sign and announce  off take agreements. That gives credibility to economics of early production.

Of course to place an order for the purifiers they have to have the details of the financing in place. Where is the capital coming from.

This is not easy. They want to have 40-60 wells and 6 plants in place in three years. That would b spectacular accomplishment. But the have to get off the starting line by ordering the purifiers. Otherwise, why combine with IHC and grab the two ready to go Steveville wells. Nothing gained until they are in production.
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