Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 SkywalkerofLukeon Nov 29, 2022 2:49pm
267 Views
Post# 35137469

Article on Global Helium Shortage

Article on Global Helium Shortage

Here’s an article on the growing global helium shortage. Points out how due to the Russia-Ukraine situation the new helium facility in Russia which was supposed to supply of the world's helium is halted and how we need helium more than ever for essential things like MRIs.


I’m watching RHC.v RHCCF who will be in production next year. Last month they awarded a construction contract for the Steveville 14-12 Helium Recovery Plant where operating throughput will be in the range of 10-15 million cubic feet/day producing a purity level of 99.999% helium.


As well, they announced last week they executed a term sheet with an arm's length lender to provide a $20M three-year credit facility. Upon closing an initial draw on the facility of $10M will be advanced to RHC.


https://www.nbcnews.com/health/health-news/helium-shortage-doctors-are-worried-running-element-threaten-mris-rcna52978

<< Previous
Bullboard Posts
Next >>