RHC.v new contract will offtake 40-50% of initial production In this video, Andrew Davidson, CEO of Royal Helium (TSXV: RHC) discusses the recent long-term helium supply contract with a major space exploration company.
This contract is a strong validation of RHC’s current helium projects as stable long-term producing assets. Combined throughput capacity of all RHC’s plants will be 20 million cubic feet of raw gas per day, and this contract will account for 40-50% of those initial helium production numbers.
This is a really exciting development for RHC and it really adds to the catalyst potential for announcements regarding production commencement.
RHC.v is currently trading at $.36, valued at $74.38 million.
https://www.youtube.com/watch?v=HeIcBOotzi8