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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

Comment by UnderValuedon Dec 21, 2022 5:08pm
201 Views
Post# 35185816

RE:RHC gets a better deal and cancels old financing

RE:RHC gets a better deal and cancels old financing It seems to me that this should start to ease some concerns about endless dilution since this should take them to achieving cash flow and they now have demonstrated that they can obtain conventional dept financing at reasonable rates with a traditional schedule 1 bank.  And just having a banking relationship with a traditional banker should make dept financing the next production facility at Climax must simpler.  In my mind this should remove a lot of the uncertainty around financing for the company.  Overall it’s seems like positive news both in the short term and for future growth. 
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