Royal Helium Ltd. V.RHC

Alternate Symbol(s): RHCCF | V.RHC.WT.A | V.RHC.WT.B

Utilities Utilities - Regulated Gas

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.

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Royal Helium Ltd. > Tough Teerms

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Comment by kewlmoedon Nov 22, 2022 6:14pm

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Post# 35120182

RE:RE:RE:RE:Tough Teerms

No kidding. What did they epxect, 8%, lower? Bank LOC is already 11.45%.

Swedeprof wrote:
A lot haters here for some reason. RHC is executing. The fact a major lender is giving $30 MILLION DOLLARS in credit is a GOOD SIGN!

When a bank or other lender underwrites a deal for me and it passes their agressive DD and tests, its an additional sign that my proposition is good. Sometimes terms aren't fantastic. Maybe you haven't noticed but Bank of Canada Overnight Rate has also gone up 15X FIFTEEN this year as well. Rate are higher. that is a fact!

RHC will be able to pay this off quickly from cash flows coming in from steveville. I'm bullish on this deal. Would i have loved to see better terms? yes, but unfortunetly this is the market we are in. But now we have a clear path now to production.