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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 Margin321on Mar 18, 2023 11:25am
172 Views
Post# 35346759

RE:A few more pictures of the Steveville Plant

RE:A few more pictures of the Steveville Plant
Not quite ready to transfer to the Steveville site. That was to happen in March with first helium by end of April.  No way. There is more fabrication, adding little things like compressors and power system and valves and controls.  Then some on-site testing. Before moving to Steveville, hooking it up, and then doing a lot of testing to produce high purity gas.  (after initial testing to make sure it works).  It is quite an adventure. The good thing (no the great thing) is that if it works as planned it will be amazing, and they will be set up to proceed with the next units like the Climax Shallow, Ogema, and Val Marie processors. 

Then as they drill a deep horizontal to prove commerciality of Nazarre, they can start dreaming about the size of a facility they need to produce that and where they will get the $50 million plus for that.
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