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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 DarthVestoron Aug 29, 2022 12:09pm
146 Views
Post# 34926968

RE:Tidbits and String

RE:Tidbits and StringIf the press release is accurate, and this is a sizeable long-term agreement with a major space launch company, RHC should be able to obtain a credit facility instead of having to dilute significantly. Whether extended credit would be enough to build two processing locations would depend on the size of this contract and the savvy of the management team.

Reminder to all to invest accordingly. This isn't crypto, getting in at the ground floor usually means a 3-5 year time horizon.
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