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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

Post by biggonadson Oct 24, 2022 1:23pm
167 Views
Post# 35044178

Almost a no-brainer considering the '23 revenue forecast

Almost a no-brainer considering the '23 revenue forecastRoyal Helium announced closing an over-allotment option for more funding toward construction of the Steveville Helium plant. Hannam & Partners reckons Royal will generate C$12.8M of revenues in 2023, rising to C$19.1M the year after. The operating costs are so low that 2024 underlying earnings (EBITDA) would be just over C$17M, according to the research house, or C$9.1M at the pre-tax level. With Royal Helium less than six months away from first production, at which point business will be largely de-risked. https://www.dailymail.co.uk/money/markets/article-11323845/SMALL-CAP-IDEA-Royal-Helium-destined-stars.html
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