RE:RE:RE:RE:Arjae Design SolutionsAny fabricator, risky choice. Global backlogs, still being worked. Contracts null and void??? Really? Is there going to be a sudden surplus of helium available at discount prices in 6 months, 1yr, 2yrs? With inflation, negotiated lower? It’s not the cannabis market.
Helium Evolution, five million acres stating they are basically ‘wildcatting’.
Vs. The Lion
Contract negotiations were doubled, locking up 40%,
Other groups currently reviewing.
One of biggest helium discoveries in Saskatchewan history.
Maybe some support until there is reason to doubt.
frostback wrote: The chosen fabricator would seem to be a risky choice of supplier given the deliverable timeline presented?
Regarding the Off Take agreement is there any indication what happens to the agreement if RHC does not deliver product by XXXX date? I only guess but would think the agreement would be null and void requiring renegotiation which may or may not be beneficial to RHC. Worst case may only be it makes them a price taker and not a price maker in the market space and shows them to be a unreliable producer and supplier.
I believe the risk is not yet reflected in the SP and it gets worse prior to getting better.
One more point….it does not matter if its 6 shares or 60 million shares, one has invested capital for a single simple reason – ROI. I guess it wouldn’t matter if one did not have to work hard for the extra money to invest and was given an easy ride in life?