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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 19, 2022 12:18pm
191 Views
Post# 34907619

RE:Highly promising readings reaching total depth at Val Marie

RE:Highly promising readings reaching total depth at Val Marie
It is really good news. Val Marie could be a great producer.  But if Ogema and Val Marie tests are great they will need 4 purifiers instead of two (for steveville and climax shallow).  Then if Nazare horizontal  test well is truly great and they have a world class resource there, they will need a much bigger(and more expensive) plant at Climax.

I would feel so much better if they figured out how to place an oder for the first two purifiers and thus give a credible timeline to production and revenues which are way behind planned schedule. It is not easy. But I think they can do it.
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