RE:RE:RE:RE:RE:RHCMakes sense. I thought they had already scheduled the testing of Ogema and Val Marie back to back using the same testing crew and set up. Is that still on track? Ogema testing is another thing that has slipped back quite a ways. This from December 9, 2021 news release. (Drill-stem testing of these two zones has commenced, and helium test results will be released once received from the lab.).
Anyway I agree it is not too late and they are trying hard to develop it themselves instead of having to sell it for a song. Likely to North American Helium which is private and has capital but would not have to pay that much. Remember RHC combined with IHC for about the price of the two Steveville wells. It would be especially hard for new RHC holders who got their shares from IHC stake if the same thing happened again, to lose the new RHC shares without much of a gain either.
Anyway I am feeling positive. Looking to get the purifiers financed. They have a plan. If the plan is better than expected the RHC shares will bounce. If the overall business plan develops over the next few years, RHC shares will continue to appreciate.
Small resource companies do well based on size and quality of resource and ready access to capital. They have 2 of the 3 (we think) and are working hard to get the third component in place.